5864 County Rd 1

FOR SALE
$950,000
5864 County Rd 1, Prince Edward County
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
X8220660
MLSID
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Property Description
5864 County Road 1 is situated in Prince Edward County. Consecon Lake in your back yard, residents can relish breathtaking views and access to various water activities right from their doorstep. Experience serenity and peace in this waterfront setting, providing a retreat from the hustle and bustle of city life. This waterfront home offers ample opportunity for outdoor entertainment, whether it's relaxing by the shore, fishing, boating, or enjoying waterside gatherings. Waterfront properties hold significant investment value, making this property a promising asset for future growth or resale. This one family-owned home was custom built on 4+ acres in 1997. The beautiful property features a durable and aesthetically pleasing brick exterior, ensuring longevity and minimal maintenance. Enjoy the convenience of single floor living with a spacious layout optimized for comfort and accessibility. Ideal for families or those needing extra space, the property offers three bedrooms for comfortable accommodation. The spacious lower level with walk-out offers a large family room, office/work out area, storage room and workshop area. This home will not disappoint. Located near renowned wineries in Prince Edward County, residents have convenient access to exquisite wine tasting experiences, culinary delights, and scenic vineyard tours, enhancing the lifestyle appeal of the property and offering opportunities for leisurely exploration and enjoyment of local culture and flavours.
Property Features
Lake/Pond, Level, Library, Place Of Worship, School Bus Route, Waterfront
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
411' x 657'
Acreage
2-4.99
Fronting
South
Taxes
$4,930 (2024)
Basement
Full, Part Fin
Exterior
Brick, Shingle
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround15.98' x 23.98'Fireplace
KitchenGround21.00' x 15.98'Combined W/Dining
Prim BdrmGround10.99' x 13.98'3 Pc Ensuite
2nd BrGround8.99' x 12.60'
3rd BrGround7.58' x 11.98'
RecBsmt13.98' x 27.99'W/O To Garden
OfficeBsmt14.60' x 15.98'
WorkshopBsmt7.97' x 10.99'
Prince Edward County Market Statistics
Prince Edward County Price Trend
5864 County Rd 1 is a 3-bedroom 3-bathroom home listed for sale at $950,000, which is $227,660 (31.5%) higher than the average sold price of $722,340 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $141,743 (16.4%) compared to the previous 30 day period (March 6 - April 4) and down $6,180 (0.8%) from the same time one year ago.
Inventory Change
There were 58 3-bedroom homes listed in Prince Edward County over the last 30 days (April 5 - May 4), which is up 70.6% compared with the previous 30 day period (March 6 - April 4) and up 241.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($21,640) (3.0%) below asking price over the last 30 days (April 5 - May 4), which represents a $2,816 decrease compared to the previous 30 day period (March 6 - April 4) and ($11,220) 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 (April 5 - May 4) stood at 37.9%, up from 35.3% over the previous 30 days (March 6 - April 4) and up from 29.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Prince Edward County stood at 62 days when successfully sold over the last 30 days (April 5 - May 4), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exit Realty Group
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