2992 County Rd 7 Rd

FOR SALE
$1,590,000
2992 County Rd 7 Rd, Prince Edward County
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
2992 County Rd 7 Rd
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
X11945626
MLSID
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Property Description
Escape to the tranquility of Prince Edward County with this stunning rural retreat offering breathtaking water views. This property combines the charm of countryside living with plenty of space for guests, extended family, and even more could be developed here! Extremely private retreat sits at the end of a private winding driveway up to the Main house, which has a north-facing 30 ft deck the width of the house positioned to show off the Panoramic water views of Lake Ontario, East of Adolphus Reach. Spectacular sunrise and sunsets. Ample parking for more than 6 cars in the circular gravel drive or park in the attached garage. The Main House has dramatic vaulted ceilings and panoramic views of The Reach, with sunlight pouring in the numerous windows. Large kitchen and living room anchor this two bedroom main house, with both an ensuite bathroom off primary bedroom, and a second 3-piece bathroom near the second bedroom. Steps out your front door, you'll find a (stylistically) matching but separate Annex residence. Two upstairs bedrooms and a 3 piece bathroom are in The Annex. Downstairs in The Annex is also a full sized washer and dryer, storage, and garage parking spot. The third building off the circular drive is a drive-through workshop (roll in and out easily on your john deere) with garage door, windows, workbench, and everything you need to get the honey do list completed with ease.This 7 acre offering is actually 2 separate pins - both with RR2 zoning - allowing up to 2 residences on each individual pin. So enjoy your 2 large lots, or separately develop new buildings on the (now) vacant lot (subject to permits - buyer to do their due diligence) Whether you're seeking a peaceful escape or the perfect spot to entertain, this idyllic location provides an unbeatable backdrop for every season.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-09-20 2020-02-29 162 $999,000 - Expired
Property Features
Clear View, School Bus Route
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
667' x 460'
Acreage
5-9.99
Fronting
South
Taxes
$4,231 (2024)
Basement
Crawl Space, Sep Entrance
Exterior
Board/Batten
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Other
Water
Other
Parking Spaces
6
Driveway
Circular
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain16.57' x 11.58'Stainless Steel Appl, Hardwood Floor
LivingMain16.57' x 19.78'Skylight, Fireplace
Prim BdrmMain16.57' x 14.53'Broadloom, Closet Organizers, Ceiling Fan
2nd BrMain10.43' x 13.32'Broadloom
3rd BrUpper8.20' x 21.00'Vinyl Floor
4th BrUpper8.53' x 21.00'Vinyl Floor
Prince Edward County Market Statistics
Prince Edward County Price Trend
2992 County Rd 7 Rd is a 2-bedroom 3-bathroom home listed for sale at $1,590,000, which is $698,112 (78.3%) higher than the average sold price of $891,888 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County increased by $349,881 (64.6%) compared to the previous 30 day period (December 22 - January 20) and up $402,046 (82.1%) from the same time one year ago.
Inventory Change
There were 14 2-bedroom homes listed in Prince Edward County over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and up 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($30,722) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,098 decrease compared to the previous 30 day period (December 22 - January 20) and ($31,100) 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 2-bedroom homes in Prince Edward County over the last 30 days (January 21 - February 19) stood at 64.3%, down from 75.0% over the previous 30 days (December 22 - January 20) and up from 58.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Prince Edward County stood at 125 days when successfully sold over the last 30 days (January 21 - February 19), compared to 122 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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