1687 Lakeside Dr

FOR SALE
$950,000
1687 Lakeside Dr, Prince Edward County
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3 + 3
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 6
ROOMS
X11973297
MLSID
Contact Us
Property Description
An extraordinary turn-key opportunity awaits! Set in a peaceful and secluded area of Prince Edward County, this exquisite high-end retreat offers a unique chance for both investors and families seeking a spacious getaway. Meticulously maintained and beautifully decorated, this 6-bedroom, 3-bathroom property is currently operating as a highly successful 5-bedroom, grandfathered short-term accommodation (STA) offering you the chance to take over a turn-key business or move your large family right in. Step inside to experience an abundance of natural light that fills the open-concept living areas. The grand living room, dining room, and dream kitchen with quartz countertops offer the perfect space for both relaxation and entertainment. From the living room, you'll walk out to a covered deck where you can unwind and enjoy the tranquility of your private backyard. The main level boasts three spacious bedrooms, including a luxurious primary suite with a 3-piece ensuite bathroom and private access to the covered deck. The 5-piece main bathroom adds convenience for family and guests. The lower level offers three additional bedrooms, a large secondary living room with a walk-out to a lower patio complete with a hot tub and fire pit ideal for outdoor relaxation and entertaining. Located in one of the most sought-after regions of The County, you'll enjoy both the privacy of this peaceful setting and the convenience of being just a short drive from the 401. You'll also have easy access to all the local attractions, wineries, dining, and outdoor activities that make Prince Edward County a top destination! Come explore this incredible opportunity, and You Too, Can Call The County Home. **All furnishings and decor included with purchase!!**
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-04-27 2021-05-04 7 $995,900 $1,180,000 Sold
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
202' x 216'
Fronting
South
Taxes
$4,056 (2024)
Basement
Fin W/O
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.91' x 19.52'
KitchenMain11.06' x 13.78'
DiningMain12.37' x 944.88'
Prim BdrmMain14.60' x 15.03'
BathroomMain8.07' x 7.45'3 Pc Ensuite
2nd BrMain11.45' x 10.07'
3rd BrMain11.45' x 10.20'
BathroomMain5.38' x 10.47'5 Pc Bath
FamilyLower30.12' x 18.08'
5th BrLower20.18' x 14.73'
5th BrLower10.83' x 11.52'
BathroomLower5.84' x 7.91'4 Pc Bath
Prince Edward County Market Statistics
Prince Edward County Price Trend
1687 Lakeside Dr is a 3-bedroom 3-bathroom home listed for sale at $950,000, which is $176,800 (22.9%) higher than the average sold price of $773,200 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County increased by $265,358 (52.3%) compared to the previous 30 day period (December 20 - January 18) and up $4,188 (0.5%) from the same time one year ago.
Inventory Change
There were 24 3-bedroom homes listed in Prince Edward County over the last 30 days (January 19 - February 17), which is up 41.2% compared with the previous 30 day period (December 20 - January 18) and down 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($84,230) (10.9%) below asking price over the last 30 days (January 19 - February 17), which represents a $68,088 decrease compared to the previous 30 day period (December 20 - January 18) and ($16,862) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Prince Edward County over the last 30 days (January 19 - February 17) stood at 41.7%, up from 41.2% over the previous 30 days (December 20 - January 18) and down from 896.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Prince Edward County stood at 76 days when successfully sold over the last 30 days (January 19 - February 17), compared to 144 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Energy Real Estate, Brokerage
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