48 Tooth Acres Lane

FOR SALE
$865,000
48 Tooth Acres Lane, Prince Edward County
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
48 Tooth Acres Lane
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
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Property Description
Lake breezes and invigorating sunrises make this beautifully located home a tranquil waterside retreat. Not to be overlooked is that this two bedroom / one bathroom brick bungalow with attached double garage is nestled off a sequestered lane within a private pocket of its own in Waupoos. On entering a light-flooded living space with dining area offers an introduction to the homes relaxing lifestyle. A french door with ample windows positioned around this space create a seamless indoor-outdoor connection to a gorgeous terraced composite deck with glass railings that looks out over sumptuous green lawn, mature trees and glistening waters. A well equipped kitchen anchors the core of home with a separate entrance out to additional green space, while the basement area offers potential as optional family/media room. Enchanting verdant surrounds the entire residence and includes a single detached garage/storage shed towards the shoreline, ideal for recreational pursuits in this setting. A floating deck sits atop sloping grade down to the water where one could launch smaller recreational craft and there is a steel boat winch post anchored in the ground. Near some of the islands most popular offerings, and a marina, while being within close proximity to Picton, this is a rare opportunity to secure premium waterfront and make it your own in The County.
Property Features
Beach, Golf, Hospital, Lake/Pond, Level, Marina
Property Details
Property Type
Detached, Bungalow
Lot Size
101' x 201'
Acreage
.50-1.99
Lot Irregularities
Pt 2 47R2919; t/w PE91935/ Prince Edward
Fronting
South
Taxes
$4,758 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Other
Water
Well
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.09' x 11.42'
DiningMain10.76' x 11.65'
LivingMain21.49' x 23.52'
Prim BdrmMain12.93' x 11.42'
OtherMain7.48' x 4.79'
2nd BrMain10.43' x 10.01'
LaundryMain12.99' x 8.17'
RecLower17.98' x 23.36'
OtherBsmt30.77' x 25.20'
Prince Edward County Market Statistics
Prince Edward County Price Trend
48 Tooth Acres Lane is a 2-bedroom 1-bathroom home listed for sale at $865,000, which is $253,900 (41.5%) higher than the average sold price of $611,100 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County declined by $57,766 (8.6%) compared to the previous 30 day period (July 21 - August 19) and down $145,965 (19.3%) from the same time one year ago.
Inventory Change
There were 30 2-bedroom homes listed in Prince Edward County over the last 30 days (August 20 - September 18), which is up 20.0% compared with the previous 30 day period (July 21 - August 19) and up 87.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($30,249) (4.9%) below asking price over the last 30 days (August 20 - September 18), which represents a $7,659 increase compared to the previous 30 day period (July 21 - August 19) and ($14,678) 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 2-bedroom homes in Prince Edward County over the last 30 days (August 20 - September 18) stood at 33.3%, down from 48.0% over the previous 30 days (July 21 - August 19) and down from 287.5% 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 69 days when successfully sold over the last 30 days (August 20 - September 18), compared to 87 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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