40 Mayne Lane

FOR SALE
$1,000,000
40 Mayne Lane, Prince Edward County
40 Mayne Lane
40 Mayne Lane
40 Mayne Lane
40 Mayne Lane
40 Mayne Lane
40 Mayne Lane
40 Mayne Lane
40 Mayne Lane
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40 Mayne Lane
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40 Mayne Lane
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
X12018177
MLSID
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Property Description
Home/cottage on desirable West Lake with breathtaking sunset views overlooking the Sand Dunes of Sandbanks Provincial Park. This solid brick 2+1-bedroom bungalow with a finished basement is just waiting for your personal touches. Swim, boat, wakeboard, and fish all from your very own beachfront. Enjoy walking, biking, and cross-country ski trails nearby. The sunroom beckons you to curl up and unwind with a book or enjoy a game night with family and friends. Take in the sights and sounds of nature and all the beauty that surrounds you on the lake as boaters go by. With close proximity to PECs favorite destination spots, you're never far from top-tier cuisine and lovely local shops. If you're looking to invest in a larger slice of paradise, please visit the neighboring property at 1818 County Road 12. Only two hours from Toronto."
Property Features
Beach, Golf, Hospital, Place Of Worship, School, Waterfront
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
100' x 149'
Acreage
< .50
Fronting
West
Taxes
$3,741 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.65' x 13.81'Large Window, Double Sink, Overlook Water
LivingMain11.65' x 21.23'Combined W/Dining, Open Concept, Fireplace
Prim BdrmMain11.09' x 12.63'Ceiling Fan, Hardwood Floor
BrMain11.09' x 11.12'Ceiling Fan, Hardwood Floor
BathroomMain7.64' x 5.05'4 Pc Bath
RecLower11.12' x 19.75'Open Concept
BrLower11.12' x 12.24'Double Closet
LaundryLower11.61' x 18.18'Laundry Sink, Separate Shower
UtilityLower11.61' x 16.86'
Prince Edward County Market Statistics
Prince Edward County Price Trend
40 Mayne Lane is a 2-bedroom 1-bathroom home listed for sale at $1,000,000, which is $108,112 (12.1%) 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 1-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 Royal Lepage Proalliance Realty
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