5062 Long Point Rd

FOR SALE
$489,950
5062 Long Point Rd, Prince Edward County
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
5062 Long Point Rd
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BEDROOMS
1
BATHROOMS
1
KITCHENS
2
ROOMS
X9260010
MLSID
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Property Description
Indulge in the tranquility of Long Point in the South Shore Conservation Area with this captivating 1+acre property. Offering over 200 feet of unobstructed water views, this serene oasis invites you to unwind and embrace nature's beauty. As you approach, a charming circular driveway leads you to a modern, fully updated 2-bedroom, 1-bathroom cottage nestled on over an acre of lush land adorned with shrubs and coniferous trees. The home boasts a fully covered front veranda, perfect for enjoying your morning coffee or evening sunset views across the water. Newly installed features enhance the appeal, including a new kitchen with stainless-steel appliances, new thermal windows with Hunter Douglas window blinds, and a wall-mounted Trane heat pump providing energy efficient heating and cooling for year-round comfort. Plus, with newly installed Starlink internet offering speeds exceeding 150 Mbps, staying connected while at the cottage has never been easier. For additional accommodation, a charming bunkie provides extra sleeping space, ideal for hosting guests or creating a cozy retreat for the kids! Located just minutes away from Long Point Beach and the Prince Edward Point Bird Observatory, where over 220 different bird species are spotted during the spring and fall migration, outdoor enthusiasts will delight in the array of recreational opportunities at their doorstep. Whether you're seeking the perfect summer vacation property or envisioning your next dream home build, this property offers endless possibilities to create your own slice of paradise. The cottage is available turn-key with all furnishings negotiable, making it ready for you to begin making memories on Day 1. What are you waiting for? Today is the day to Call The County Home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-07 2024-07-08 62 $495,000 - Terminated
2024-01-02 2024-05-07 126 $499,995 - Terminated
Extras
All Furniture Owned By The Seller Is Available For Sale. Cushions, throws and linens are not included. Water Heater Owned. New UV light installed by Veenstra. Waterfront is not owned.
Property Features
Other, School Bus Route
Property Details
Property Type
Cottage, Bungalow
Lot Size
197' x 220'
Acreage
.50-1.99
Fronting
South
Taxes
$1,095 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Well
Parking Spaces
5
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.32' x 14.93'
2nd BrMain8.23' x 9.68'
BathroomMain8.23' x 7.41'3 Pc Bath
BrMain11.32' x 9.58'
Prince Edward County Market Statistics
Prince Edward County Price Trend
5062 Long Point Rd is a 2-bedroom 1-bathroom home listed for sale at $489,950, which is $92,473 (15.9%) lower than the average sold price of $582,423 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County declined by $4,868 (0.8%) compared to the previous 30 day period (September 22 - October 21) and down $126,743 (17.9%) from the same time one year ago.
Inventory Change
There were 19 2-bedroom homes listed in Prince Edward County over the last 30 days (October 22 - November 20), which is up 18.8% compared with the previous 30 day period (September 22 - October 21) and up 46.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($20,369) (3.5%) below asking price over the last 30 days (October 22 - November 20), which represents a $13,072 increase compared to the previous 30 day period (September 22 - October 21) and ($50,300) 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 (October 22 - November 20) stood at 68.4%, down from 75.0% over the previous 30 days (September 22 - October 21) and up from 46.2% 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 62 days when successfully sold over the last 30 days (October 22 - November 20), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Energy Real Estate, Brokerage
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