FOR SALE
$1,100,000
490 McConnell Dr, Smith-Ennismore-Lakefield
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 7
ROOMS
X9397475
MLSID
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Property Description
Welcome to 490 McConnell Drive, a stunning waterfront bungalow nestled between the prestigious Cedarhurst and Bridgenorth Estates. This charming 3-bedroom, 2-bathroom home offers an unparalleled lifestyle with 108 feet of pristine waterfront, perfect for swimming, boating, and taking in the serene views. The open-concept main floor boasts vaulted ceilings, creating an airy and inviting space that seamlessly blends the kitchen, dining, and living areas ideal for both relaxation and entertaining. The finished walkout basement features a spacious family room, providing additional living space that flows effortlessly to the outdoor areas. Step outside to enjoy the screened-in cabana, expansive deck, and a cozy firepit area, all designed for maximizing outdoor living and entertaining. Set on a quiet cul-de-sac, this property offers the perfect blend of tranquility and convenience, with high-speed internet, natural gas, and a newer septic system already in place. Just 15 minutes from Peterborough and a mere 2 minutes from Bridgenorth, you'll enjoy the peace of rural living with easy access to all the amenities you need. Whether you're looking for a year-round residence or a weekend retreat, 490 McConnell Drive is a rare opportunity to own a piece of waterfront paradise in a highly sought-after location. Don't miss your chance to experience the ultimate lakeside living!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-12 2024-10-15 33 $1,200,000 - Terminated
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 $1,100,000, which is $478,917 (77.1%) higher than the average sold price of $621,083 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 3 bedroom home in Smith-Ennismore-Lakefield declined by $61,563 (9.0%) compared to the previous 30 day period (August 22 - September 20) and up $291,963 (88.7%) from the same time one year ago.
Inventory Change
There were 12 3-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (September 21 - October 20), which is down 65.7% compared with the previous 30 day period (August 22 - September 20) and down 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Smith-Ennismore-Lakefield typically sold ($25,833) (4.2%) below asking price over the last 30 days (September 21 - October 20), which represents a $218 decrease compared to the previous 30 day period (August 22 - September 20) and ($9,650) 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 (September 21 - October 20) stood at 100.0%, up from 37.1% over the previous 30 days (August 22 - September 20) and down from 387.5% 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 33 days when successfully sold over the last 30 days (September 21 - October 20), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Frank Real Estate
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