FOR SALE
$1,079,900
490 McConnell Dr, Smith-Ennismore-Lakefield
490 McConnell Dr
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 7
ROOMS
X11997431
MLSID
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Property Description
490 McConnell Drive, Selwyn Waterfront Living at Its Finest! Welcome to lake life on beautiful Chemong Lake! This charming 3-bedroom, 2-bathroom home offers 108 feet of waterfront, perfect for boating, fishing, and enjoying breathtaking views. Located just 14 minutes from Peterborough, you'll love the peaceful lakeside setting combined with the convenience of high-speed internet and natural gas. The home features a walkout basement for easy access to the waterfront, plus a newer septic system (5 years old) and a septic pump (1 year old) for added peace of mind. Relax and take in the views from the deck overlooking the water, or unwind in the screened-in gazebo, ideal for lakeside entertaining. Whether you're searching for a year-round home or a weekend retreat, this property offers the perfect blend of comfort, charm, and waterfront living. Don't miss your chance to own your own slice of paradise!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-16 2025-01-17 93 $1,100,000 - Suspended
2024-09-12 2024-10-15 33 $1,200,000 - Terminated
Property Features
Waterfront
Property Details
Property Type
Rural Resid, Bungalow
Lot Size
80' x 199'
Acreage
< .50
Fronting
North
Taxes
$3,754 (2024)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.58' x 19.49'
DiningMain13.39' x 17.06'
KitchenMain11.45' x 22.93'
Prim BdrmMain16.17' x 12.83'
BrMain11.58' x 16.01'
BrMain8.92' x 11.22'
SunroomMain11.58' x 21.78'
RecSub-Bsmt15.55' x 11.58'
OtherSub-Bsmt9.45' x 6.76'
RecBsmt13.45' x 16.40'
LaundryBsmt13.09' x 7.91'
OtherBsmt13.58' x 3.18'
Smith-Ennismore-Lakefield Market Statistics
Smith-Ennismore-Lakefield Price Trend
490 McConnell Dr is a 3-bedroom 2-bathroom home listed for sale at $1,079,900, which is $403,572 (59.7%) higher than the average sold price of $676,328 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Smith-Ennismore-Lakefield declined by $428,672 (38.8%) compared to the previous 30 day period (December 22 - January 20) and down $91,172 (11.9%) from the same time one year ago.
Inventory Change
There were 12 3-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (January 21 - February 19), which is up 20.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Smith-Ennismore-Lakefield typically sold ($12,814) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,351 decrease compared to the previous 30 day period (December 22 - January 20) and ($34,900) 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 Smith-Ennismore-Lakefield over the last 30 days (January 21 - February 19) stood at 58.3%, up from 40.0% over the previous 30 days (December 22 - January 20) and down from 66.7% 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 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Frank Real Estate
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