5083 Long Point Rd
South Marysburgh, Prince Edward County, K0K 2T0
FOR SALE
$799,000
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Property Description
Pristine waterfront property on Prince Edward Bay. 3 bedroom bungalow close to waters edge. Approximately 900ft. of waterfront. Some development potential, ideal building site. House requires some renovations. Well priced waterfront is rare in the County. 25 minutes to Picton.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-20 | 2024-01-16 | 57 | $799,000 | - | Terminated |
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Acreage
.50-1.99
Fronting
North
Taxes
$4,594 (2023)
Basement
Full
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Water
Well
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.12' x 22.21' | |
| Kitchen | Main | 9.42' x 9.28' | |
| Prim Bdrm | Main | 8.69' x 11.42' | |
| Br | Main | 8.01' x 9.42' | |
| Br | Main | 8.99' x 9.42' |
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Prince Edward County Market Statistics
Prince Edward County Price Trend
5083 Long Point Rd is a 3-bedroom 1-bathroom home listed for sale at $799,000, which is $127,643 (19.0%) higher than the average sold price of $671,357 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $166,413 (19.9%) compared to the previous 30 day period (February 28 - March 28) and down $116,909 (14.8%) from the same time one year ago.Inventory Change
There were 47 3-bedroom homes listed in Prince Edward County over the last 30 days (March 29 - April 27), which is up 4.4% compared with the previous 30 day period (February 28 - March 28) and up 213.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($23,918) (3.6%) below asking price over the last 30 days (March 29 - April 27), which represents a $14,124 decrease compared to the previous 30 day period (February 28 - March 28) and ($3,316) 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 3-bedroom homes in Prince Edward County over the last 30 days (March 29 - April 27) stood at 44.7%, up from 37.8% over the previous 30 days (February 28 - March 28) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Prince Edward County stood at 61 days when successfully sold over the last 30 days (March 29 - April 27), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Quinte Ltd.
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