39 Fawcett Ave

FOR SALE
$1,059,000
39 Fawcett Ave, Prince Edward County
39 Fawcett Ave
39 Fawcett Ave
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
12
ROOMS
X11979831
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Property Description
This impeccably renovated 4-bedroom, 2-bathroom home in the heart of Prince Edward County presents a rare opportunity to own a property that's move-in ready and a proven money-maker. Fully licensed for short-term rental, this home currently operates as a highly rated and successful AirBnB, offering immediate revenue potential for investors or those looking to expand their portfolio. Designed by HGTV star Debra Salmoni from Scott's Vacation House Rules, every aspect of the property has been newly updated, ensuring maximum comfort and energy efficiency. Brand-new windows and skylights that provide tons of natural light. New roof, high-efficiency furnace and air conditioner. Everything is modern and built to last, offering priceless peace of mind! The custom kitchen features gorgeous quartz countertops and all-new high-end appliances, while the bathrooms have been skillfully designed with a luxurious soaker tub and beautiful tile showers. The addition of an electric vehicle charger further enhances the appeal of this home in today's eco-conscious market. With a large backyard for relaxation and entertaining, along with plenty of parking, this property is perfect for hosting guests or raising a family. Located on the edge of Picton and just minutes from wineries, beaches, and local attractions, you'll enjoy the perfect mix of comfort, style, and income-generating potential. Whether you're looking to continue the short-term rental success or enjoy a beautifully renovated home, this property is an incredible investment that's ready to provide instant returns. All furnishings are negotiable, making this a true Turnkey Opportunity! Check out the Virtual Tour and book your in-person viewing today!
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
60' x 125'
Fronting
West
Taxes
$2,082 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Garage Type
Attached
Prince Edward County Market Statistics
Prince Edward County Price Trend
39 Fawcett Ave is a 4-bedroom 2-bathroom home listed for sale at $1,059,000, which is $121,500 (13.0%) higher than the average sold price of $937,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Prince Edward County increased by $7,167 (0.8%) compared to the previous 30 day period (December 22 - January 20) and up $200,511 (27.2%) from the same time one year ago.
Inventory Change
There were 10 4-bedroom homes listed in Prince Edward County over the last 30 days (January 21 - February 19), which is up 150.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Prince Edward County typically sold ($186,950) (19.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $161,284 decrease compared to the previous 30 day period (December 22 - January 20) and ($11,278) 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 4-bedroom homes in Prince Edward County over the last 30 days (January 21 - February 19) stood at 20.0%, down from 75.0% over the previous 30 days (December 22 - January 20) and down from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Prince Edward County stood at 389 days when successfully sold over the last 30 days (January 21 - February 19), compared to 97 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Lanthorn Real Estate Ltd.
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