32 Peats Point Lane

FOR SALE
$849,000
32 Peats Point Lane, Prince Edward County
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
32 Peats Point Lane
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
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Property Description
Beautiful Prince Edward County. A million dollar, unobstructed view down the Bay of Quinte from Peats Point through to Big Bay. Chalet style 2 bedrooms, 2 bath, bungalow only 5 minutes from Bay Bridge and City of Belleville, 25 minutes to the heart of Prince Edward County Wineries, Outlet Beach and Sandbanks. This home sits quietly on a dead-end road where your family can enjoy year-round living with all the amenities nearby or enjoy as your cottage with all summer water sports and a winter wonderland. Conservation Area is 5 minutes away where the kids can enjoy exploring or you can enjoy quiet walks along the shores of the Bay. If you're a boater, we have a concrete seawall and dock with deep water for mooring plus a waterside cabana for a change room (or a future waterside bar?) This is a quiet cove surrounding and a gorgeous waterfront setting. 2+ car detached garage (28ftx24ft). A (really) Great room with 4 skylights and a beautiful angel stone fireplace that looks out onto the Bay of Quinte. Don't forget the expansive deck with gazebo for entertaining. This home was made for parties! The kitchen has been updated, the laundry room is on the main floor. This extraordinary home is ready for your personal touches! Don't put it off - Enjoy life by the Bay!
Extras
All inclusions sold "as is"
Property Features
Lake Access, School Bus Route, Waterfront
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
81' x 283'
Acreage
< .50
Fronting
East
Taxes
$3,802 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.96' x 10.73'
DiningMain10.96' x 11.61'W/O To Patio
Great RmMain20.37' x 28.41'Fireplace, W/O To Patio
Prim BdrmMain10.93' x 13.09'Ensuite Bath, W/O To Patio
BrMain10.93' x 9.48'
LaundryMain7.61' x 8.23'
Prince Edward County Market Statistics
Prince Edward County Price Trend
32 Peats Point Lane is a 2-bedroom 2-bathroom home listed for sale at $849,000, which is $266,577 (45.8%) higher than the average sold price of $582,423 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County increased by $17,959 (3.2%) compared to the previous 30 day period (September 21 - October 20) and down $100,434 (14.7%) from the same time one year ago.
Inventory Change
There were 19 2-bedroom homes listed in Prince Edward County over the last 30 days (October 21 - November 19), which is down 9.5% compared with the previous 30 day period (September 21 - October 20) and up 18.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($20,369) (3.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $12,145 increase compared to the previous 30 day period (September 21 - October 20) and ($55,957) 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 (October 21 - November 19) stood at 68.4%, up from 66.7% over the previous 30 days (September 21 - October 20) and up from 43.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Prince Edward County stood at 62 days when successfully sold over the last 30 days (October 21 - November 19), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty
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