4992 County Road 1

FOR SALE
$1,699,000
4992 County Road 1, Prince Edward County
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
4992 County Road 1
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5 + 3
BEDROOMS
3
BATHROOMS
2
KITCHENS
13 + 5
ROOMS
X11824169
MLSID
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Property Description
Versatile family compound just over 3 private acres. This substantial property can be whatever you wish, with two residences, this waterfront property also has two x 1000 sq ft Quonset style buildings, the one with concrete floor could make a fun indoor pickle ball area and use the other for the lawn mower and boat storage, or they could be removed to open up the area. The cottage closer to the lake has been rented under a STA license, but could provide a cozy second home on the property for the teenagers or Grandma. Just about every extra possible extra is here, Pool, Sauna, outdoor shower, hot tub, upper deck with a view of the lake, covered sitting area, and dining space, lower deck with secluded access to hot tub and pool directly from walk out Family Room and lower level. The Great Room has solid walnut flooring, heated bathroom floors soaring ceilings, Huge Granite kitchen island, Pantry, Dining area surrounded by Glass, Stone clad floor to ceiling propane fireplace for huge family gatherings. The cottage is just steps away, down the hill towards the lake, open plan with vaulted ceiling, 3 bedrooms come fully equipped and move in ready, with a propane fireplace and baseboard back ups. Desirable Prince Edward County has wineries, beaches, Art tours , cute villages and culture all around. Only 2 hours from Toronto its worth a visit to experience the life style you've been working towards and you can have it here.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-01 2024-11-30 121 $1,699,000 - Expired
2024-04-24 2024-07-31 98 $1,800,000 - Expired
Extras
Mounted TVs in Primary bedroom and en-suite bathroom to be replaced.
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
$8,729 (2024)
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
RecBsmt19.00' x 46.98'
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 is a 5-bedroom 3-bathroom home listed for sale at $1,699,000, which is $819,000 (93.1%) higher than the average sold price of $880,000 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 5 bedroom home in Prince Edward County declined by $2,120,000 (70.7%) compared to the previous 30 day period (October 12 - November 10) and up $331,000 (60.3%) from the same time one year ago.
Inventory Change
There were 1 5-bedroom homes listed in Prince Edward County over the last 30 days (November 11 - December 10), which is down 0.0% compared with the previous 30 day period (October 12 - November 10) and down 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Prince Edward County typically sold ($119,900) (13.6%) below asking price over the last 30 days (November 11 - December 10), which represents a $130,100 increase compared to the previous 30 day period (October 12 - November 10) and ($20,450) 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 (November 11 - December 10) stood at 100.0%, down from 100.0% over the previous 30 days (October 12 - November 10) and down from 100.0% 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 56 days when successfully sold over the last 30 days (November 11 - December 10), compared to 121 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty
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