1041 Primrose Lane
FOR SALE
$1,250,000
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 3
ROOMSX9768352
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Property Description
Beautifully Re-Built And Re-Designed Family Bungalow, Operating As A Successful Airbnb. Fully Booked For The Summer And Generating Excellent Income. Guests Rave About The Tranquility And Beauty Of The Location, Making It A Top Choice For Family Vacations And Weekend Getaways. This Home Is Not Only A Dream Vacation Spot But Also An Excellent Investment Opportunity. Situated On A Large Private Treed Lot With 89 Ft Of Prime Waterfront On The Otonabee River, It Offers Guests, Family And Friends A Bright, 4-Season Residence With A Great Room Overlooking The River. The Hot Tub And Sauna Provide Lots Of Extra Interest On Airbnb, Increasing It's Rentability. The Family-Sized Renovated Kitchen Features Ample Cupboard Space And A Huge Island. The Property Includes A Huge 3-Car Heated Garage With Solar Panels Helping To Covering The Hydro Costs. Located On The Trent Severn Waterway, Guests Can Enjoy Prime Fishing And Swimming Off The Dock. Conveniently Located Just 5 Minutes From Lakefield, 15 Minutes From Peterborough, And 1.5 Hours From Toronto, This Home Offers A Perfect Getaway.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-10 | 2024-10-29 | 80 | $1,299,990 | - | Suspended |
2024-01-11 | 2024-01-14 | 4 | $1,150,000 | $1,125,000 | Sold |
2023-07-05 | 2023-11-29 | 147 | $1,195,000 | - | Terminated |
2018-03-16 | 2018-09-16 | 103 | $1,295,000 | - | Expired |
Extras
Hot Tub, Sauna
Property Features
Clear View, Cul De Sac, Sloping, Waterfront, Wooded/Treed
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Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
80' x 351'
Lot Irregularities
322' North Side - 89' Waterfront
Fronting
East
Taxes
$3,525 (2023)
Basement
Finished
Exterior
Board/Batten, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Great Rm | Main | 18.54' x 21.82' | Fireplace, Cathedral Ceiling, Overlook Water |
Dining | Main | 11.52' x 11.71' | Hardwood Floor, Cathedral Ceiling, Balcony |
Kitchen | Main | 11.71' x 17.42' | Renovated, Centre Island, Breakfast Bar |
Prim Bdrm | Main | 16.57' x 21.13' | 3 Pc Bath, Fireplace, Balcony |
2nd Br | Main | 8.40' x 14.30' | |
3rd Br | Main | 9.51' x 9.51' | |
4th Br | Lower | 9.78' x 18.83' | 3 Pc Bath |
Family | Lower | 11.25' x 31.86' | Fireplace, Sauna |
Laundry | Lower | 6.73' x 16.31' |
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Smith-Ennismore-Lakefield Market Statistics
Smith-Ennismore-Lakefield Price Trend
1041 Primrose Lane is a 3-bedroom 2-bathroom home listed for sale at $1,250,000, which is $405,223 (48.0%) higher than the average sold price of $844,777 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Smith-Ennismore-Lakefield increased by $223,694 (36.0%) compared to the previous 30 day period (September 21 - October 20) and up $178,111 (26.7%) from the same time one year ago.Inventory Change
There were 17 3-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19), which is up 30.8% compared with the previous 30 day period (September 21 - October 20) and up 30.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Smith-Ennismore-Lakefield typically sold ($72,977) (8.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $47,144 decrease compared to the previous 30 day period (September 21 - October 20) and ($25,766) 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 Smith-Ennismore-Lakefield over the last 30 days (October 21 - November 19) stood at 52.9%, down from 92.3% over the previous 30 days (September 21 - October 20) and down from 69.2% 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 Smith-Ennismore-Lakefield stood at 63 days when successfully sold over the last 30 days (October 21 - November 19), compared to 84 days before being removed from the market upon being suspended or terminated.Listing contracted with Your Home Sold Guaranteed Realty Imperium
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