23 PC Lane
Picton, Prince Edward County, K0K 2T0
FOR SALE
$625,000
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BEDROOMS1
BATHROOMS0
KITCHENS7
ROOMSX9361915
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Property Description
This charming and fabulous 3 season cottage is ready and waiting for it's next owners! Enjoy a light filled, open concept, 3 bedroom, 1 bath, cottage that is fully turn key. Being sold with all furnishings and decor so you can jump right in and enjoy summer on the lake. The Raven's Nest Cottage has been a bustling "Grandfathered Short Term Accommodation" for over 5 years, the income generation has been consistent and thriving since 2017. The views from every room calm your soul the moment you walk in, the wood-stove in the central living area is perfect for any chilly nights. Updated kitchen, luxury vinyl floors throughout, cozy family room for movie nights and cottage games. Wood clad cathedral ceilings, newer metal roof, uv water filtration system, wrap around deck for sun tanning and BBQ days. Insulated walls and a wood stove have you half way there for winterizing, great potential to make 4 season. Follow the path down to your campfire and swing, continue down the trail to your chairs on the stone beach. Enjoy the expansive views and life by the lake! It never gets old. Sitting on a private lane with 3 other cottages, all have shared, deeded, waterfront access. The Raven's Nest, sits the most private of the 3, with tall cedars lining the property, and abundant perennial gardens meandering throughout. Friends and guests will love this perfect little oasis, book a viewing today and capture the fall colours. Rental contracts can be discussed further wether desired or not.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-18 | 2024-09-20 | 157 | $649,000 | - | Expired |
Extras
GEO is incorrect with positioning for all cottages on the lane, lot lines are not correct in the view, GIS has more accurate lot description.
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Property Details
Street
Community
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
80' x 240'
Acreage
< .50
Fronting
East
Taxes
$1,512 (2023)
Basement
None
Exterior
Metal/Side
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
3
Driveway
Front Yard
Garage Type
None
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Prince Edward County Market Statistics
Prince Edward County Price Trend
23 PC Lane is a 3-bedroom 1-bathroom home listed for sale at $625,000, which is $100,400 (13.8%) lower than the average sold price of $725,400 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $19,500 (2.6%) compared to the previous 30 day period (September 22 - October 21) and down $83,076 (10.3%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Prince Edward County over the last 30 days (October 22 - November 20), which is down 16.7% compared with the previous 30 day period (September 22 - October 21) and down 3.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($44,219) (6.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $15,430 decrease compared to the previous 30 day period (September 22 - October 21) and ($60,759) more 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 (October 22 - November 20) stood at 124.0%, up from 50.0% over the previous 30 days (September 22 - October 21) and up from 38.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Prince Edward County stood at 90 days when successfully sold over the last 30 days (October 22 - November 20), compared to 107 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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