854 Fife's Bay Marina Lane
FOR SALE
$1,199,900
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Property Description
Discover the charm of this rustic cottage, just 10 minutes from Peterborough. Nestled on the shores of Chemong Lake, this property offers breathtaking sunsets and serene waterfront views. The cottage features two docks, perfect for boating enthusiasts, with ample parking for all your boats and toys, and is surrounded by newly transformed, luxurious year-round homes. Enjoy the convenience of a new boathouse with a wet slip and lounge area with an overhead door that opens to the beautifully landscaped yard which is ideal for BBQs and entertaining, making it a perfect family or summer getaway. This property is not just a seasonal retreat; it is an opportunity to build your dream waterfront home. With its prime location, stunning surroundings, and endless recreational possibilities, this cottage offers a unique blend of tranquility and luxury. Don't miss the chance to own a slice of paradise on Chemong Lake.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-08-17 | 2020-08-26 | 11 | $499,900 | $500,000 | Sold |
Property Features
Lake Access, School Bus Route, Waterfront
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
86' x 154'
Acreage
< .50
Fronting
West
Taxes
$2,325 (2023)
Basement
None
Exterior
Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.68' x 15.91' | |
| Dining | Main | 9.45' x 11.68' | |
| Kitchen | Main | 7.64' x 11.65' | |
| Prim Bdrm | Main | 9.22' x 15.49' | |
| 2nd Br | Main | 7.45' x 7.97' | |
| Bathroom | Main | 5.68' x 7.38' |
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Smith-Ennismore-Lakefield Market Statistics
Smith-Ennismore-Lakefield Price Trend
854 Fife's Bay Marina Lane is a 2-bedroom 1-bathroom home listed for sale at $1,199,900, which is $516,100 (75.5%) higher than the average sold price of $683,800 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Smith-Ennismore-Lakefield increased by $221,800 (48.0%) compared to the previous 30 day period (July 22 - August 20) and up $394,657 (136.5%) from the same time one year ago.Inventory Change
There were 7 2-bedroom homes listed in Smith-Ennismore-Lakefield over the last 30 days (August 21 - September 19), which is up 16.7% compared with the previous 30 day period (July 22 - August 20) and up 133.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Smith-Ennismore-Lakefield typically sold $4,600 (0.7%) above asking price over the last 30 days (August 21 - September 19), which represents a $5,233 increase compared to the previous 30 day period (July 22 - August 20) and ($6,260) 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 2-bedroom homes in Smith-Ennismore-Lakefield over the last 30 days (August 21 - September 19) stood at 71.4%, up from 50.0% over the previous 30 days (July 22 - August 20) and down from 36,666.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Smith-Ennismore-Lakefield stood at 29 days when successfully sold over the last 30 days (August 21 - September 19), compared to 106 days before being removed from the market upon being suspended or terminated.Listing contracted with Exit Realty Liftlock
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