4992 County Road 1 Rd

FOR SALE
$1,800,000
4992 County Road 1 Rd, Prince Edward County
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
4992 County Road 1 Rd
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5 + 3
BEDROOMS
3
BATHROOMS
2
KITCHENS
13 + 5
ROOMS
X8266640
MLSID
Contact Us
Property Description
Explore this Prince Edward County waterfront home, boasting a custom layout for complete privacy. Picture a sanctuary where every family member finds their niche. Enter from a spacious foyer into the Great Room, which includes the custom kitchen with granite countertops, a walk-in pantry, solid walnut flooring, panoramic lake views and a floor-to-ceiling fireplace. Luxuriate in the master suite, which includes a spacious 6-pc master bathroom with heated floors, separate w/c with a bidet, and a walk-in closet. The lower level is perfect for gatherings, with a wet bar and multiple doors leading to the lower deck and hot tub. The property also boasts a fully separate, private, 3-bedroom cottage, an enticing opportunity to generate substantial income, as it is currently a licensed S.T.A.Two outbuildings offer close to 2400 sq ft of storage space for all the fun equipment you might like to have at this property. Close to beaches, wineries and the quaint, picturesque towns that PEC is known for. This property has it all, including features like a pool, sauna, outdoor shower, dog run, and much more. A full list of features is attached.
Extras
The cottage was rented as an STA with a primary residence license. Please speak to listing agents for additional information.
Property Features
Beach, Clear View, Golf, Lake Access, Waterfront, Wooded/Treed
Property Details
Community
Property Type
Rural Resid, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
220' x 555'
Acreage
2-4.99
Lot Irregularities
See Survey
Fronting
North
Taxes
$8,323 (2023)
Basement
Fin W/O, Full
Exterior
Board/Batten, Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Abv Grnd
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.85' x 19.78'Fireplace, Cathedral Ceiling
DiningMain12.04' x 10.93'
KitchenMain15.58' x 13.52'
Prim BdrmMain9.84' x 16.17'6 Pc Ensuite
2nd BrMain13.98' x 12.40'
3rd BrMain11.25' x 8.76'
OfficeMain6.56' x 8.53'
MudroomMain5.94' x 10.96'Access To Garage, Combined W/Laundry
RecBsmt41.21' x 21.13'
4th BrBsmt15.06' x 9.88'
5th BrBsmt9.84' x 14.80'
OtherBsmt22.74' x 19.26'Wet Bar
Prince Edward County Market Statistics
Prince Edward County Price Trend
4992 County Road 1 Rd is a 5-bedroom 3-bathroom home listed for sale at $1,800,000, which is $680,000 (60.7%) higher than the average sold price of $1,120,000 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 5 bedroom home in Prince Edward County increased by $120,100 (12.0%) compared to the previous 30 day period (March 5 - April 3) and down $785,000 (41.2%) from the same time one year ago.
Inventory Change
There were 3 5-bedroom homes listed in Prince Edward County over the last 30 days (April 4 - May 3), which is down 25.0% compared with the previous 30 day period (March 5 - April 3) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Prince Edward County typically sold ($29,000) (2.6%) below asking price over the last 30 days (April 4 - May 3), which represents a $29,000 decrease compared to the previous 30 day period (March 5 - April 3) and $55,500 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 5-bedroom homes in Prince Edward County over the last 30 days (April 4 - May 3) stood at 33.3%, down from 50.0% over the previous 30 days (March 5 - April 3) and down from 200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Prince Edward County stood at 11 days when successfully sold over the last 30 days (April 4 - May 3), compared to 91 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty
Similar Listings
381 Partridge Hollow Rd, Prince Edward County
4
BEDS
2
BATHS
$1,995,000
FOR SALE
Sitting along one of the most beautiful roads in the County, with over 1000 ft of road frontage and 584 ft of waterfront on North Bay is this 71.8 acre farm with approximately 50 acres of workable land. The 100+ yr old centre hall plan home has 3+ bedrooms and 1.5 baths. Dining room with beautiful original pocket doors, living room, main floor half bath, laundry and kitchen. Summer kitchen with a cozy woodstove for cooler nights, cold storage room for all the veggies and fruit and a pretty southeast facing sunporch. There is gorgeous original hardwood baseboards, trim and doors throughout. Second floor offers a full bath and 3 good sized bedrooms plus a bonus room that is perfect for the kids! A 3 bay drive shed, huge dry-storage barn and a winding laneway down to your own private camp area complete with horseshoe pits and storage shed. Then continue down a little further to your private, shallow, crystal clear waterfront on North Bay overlooking the dunes at North Beach.
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