3050 County Road 7

FOR SALE
$779,000
3050 County Road 7, Prince Edward County
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
3050 County Road 7
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BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
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Property Description
Newly Renovated Georgian Loyalist Farmhouse with Pinot Noir Vineyard, Orchard and Lavender Gardens. Hydrangea House is located on the escarpment above the Adolphus Reach in bucolic Cressy, this 19th century farmhouse has been newly renovated and decorated by the owners of Merrill House. Situated on over an acre of land and with two bedrooms and 2.5 bathrooms, this peaceful retreat is ideal for those seeking a sanctuary, yet is just minutes from vineyards and restaurants. The property includes a hobby vineyard of 54 Pinot Noir vines; a small orchard of apple, pear, plum and peach trees, established kitchen gardens, cutting gardens and lavender plantings. Boasting a large soaker tub; central air; brand new furnace, water pump and heater; a bright, updated kitchen; and new hardwood floors throughout. The master bedroom has a stunning ceiling mural by Fine and Dandy and new chandeliers have been installed throughout.
Property Features
School Bus Route
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
343' x 127'
Acreage
.50-1.99
Fronting
South
Taxes
$1,986 (2023)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain15.55' x 11.22'
DiningMain21.39' x 11.58'
LivingMain16.50' x 10.50'Fireplace
Prim Bdrm2nd13.22' x 13.16'4 Pc Ensuite
Br2nd9.91' x 9.91'
Prince Edward County Market Statistics
Prince Edward County Price Trend
3050 County Road 7 is a 2-bedroom 3-bathroom home listed for sale at $779,000, which is $75,250 (10.7%) higher than the average sold price of $703,750 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County increased by $20,396 (3.0%) compared to the previous 30 day period (March 9 - April 7) and up $52,084 (8.0%) from the same time one year ago.
Inventory Change
There were 29 2-bedroom homes listed in Prince Edward County over the last 30 days (April 8 - May 7), which is up 7.4% compared with the previous 30 day period (March 9 - April 7) and up 107.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold $85 (0.0%) above asking price over the last 30 days (April 8 - May 7), which represents a $24,385 increase compared to the previous 30 day period (March 9 - April 7) and ($47,966) 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 (April 8 - May 7) stood at 48.3%, up from 40.7% over the previous 30 days (March 9 - April 7) and up from 42.9% 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 72 days when successfully sold over the last 30 days (April 8 - May 7), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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