986 Black Rd

FOR SALE
$700,000
986 Black Rd, Prince Edward County
986 Black Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
12
ROOMS
X9343133
MLSID
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Property Description
The Black Forrest short-term accommodation features a 3 bed 2 bath Cape Cod style farmhouse and a detached garage, perfectly set back inside its tree-lined property. These 2 acres give a private feel and are parcelled in half with the back having building potential for an additional dwelling. The inside of the home is laid out with an open-concept feel and is fully furnished for your guests comfort. The large eat-in kitchen has everything you will need and it will be the setting for so many great memories to come. Steps away is the living-dining combo, perfect for when guests need the comfort of home. Sunny days will have everyone enjoying the raised wrap-around deck overlooking the yard and fire pit. The home also has a great setup for between guests with a spacious laundry room that has plenty of storage area; upstairs also features walk-in linen and supply closet. This location is centrally located and less than 10 minutes to Picton and close to the wineries that summer visitors love to spend days exploring. This is a turn-key home and business but bring your creativity and ideas to make this an unforgettable destination for guests and you and your loved ones.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-07 2024-08-30 115 $700,000 - Expired
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
222' x 393'
Acreage
2-4.99
Fronting
North
Taxes
$3,000 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FoyerMain11.15' x 8.30'
LaundryMain7.91' x 7.87'
BreakfastMain12.24' x 11.38'
KitchenMain14.99' x 11.32'
LivingMain14.40' x 11.32'
DiningMain11.91' x 11.42'
BathroomMain4.99' x 5.68'
Bathroom2nd10.66' x 10.50'5 Pc Bath
2nd Br2nd9.81' x 10.50'
Other2nd7.81' x 7.41'
3rd Br2nd13.25' x 8.40'
Prim Bdrm2nd13.52' x 12.89'
Prince Edward County Market Statistics
Prince Edward County Price Trend
986 Black Rd is a 3-bedroom 2-bathroom home listed for sale at $700,000, which is $7,555 (1.1%) lower than the average sold price of $707,555 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $1,195 (0.2%) compared to the previous 30 day period (October 3 - November 1) and down $69,073 (8.9%) from the same time one year ago.
Inventory Change
There were 26 3-bedroom homes listed in Prince Edward County over the last 30 days (November 2 - December 1), which is up 4.0% compared with the previous 30 day period (October 3 - November 1) and up 30.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($41,540) (5.9%) below asking price over the last 30 days (November 2 - December 1), which represents a $14,870 decrease compared to the previous 30 day period (October 3 - November 1) and ($53,964) 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 3-bedroom homes in Prince Edward County over the last 30 days (November 2 - December 1) stood at 103.8%, up from 96.0% over the previous 30 days (October 3 - November 1) and up from 65.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Prince Edward County stood at 87 days when successfully sold over the last 30 days (November 2 - December 1), compared to 105 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Lanthorn Real Estate Ltd.
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