121 Mennill Dr

FOR SALE
$2,495,000
121 Mennill Dr, Springwater
121 Mennill Dr
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3 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
S8269060
MLSID
Contact Us
Property Description
Welcome to the prestigious confines of an estate neighborhood, this exceptional 5700sqft bungalow embodies luxury living at its finest. Situated on a coveted ravine lot, the home offers breathtaking views of nature's splendor. Boasting 3+2 bedrooms and 4 bathrooms, this residence has been thoughtfully designed with the utmost attention to detail. Step inside to discover a haven of sophistication, where marble and hardwood flooring guide you through the expansive living spaces. The main level features an open-concept layout, seamlessly integrating the gourmet kitchen with Jennair appliances, elegant dining area, inviting living room, and a generous covered deck. Descend to the walkout basement, where radiant in-floor heating creates a cozy ambience throughout, providing the perfect setting for relaxation or an entertainer's dream in the open concept recreation area. With two laundry rooms, roughed-in plumbing for an additional kitchen. A rare offering of a 4 car heated garage to store all of your cars and toys with the bonus of direct access to the basement. With its prime location, luxurious amenities, walking trails, ski resorts, golf course and shopping, this location has it all.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-05 2024-04-24 50 $2,599,000 - Terminated
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
5000+
Lot Size
105' x 330'
Acreage
.50-1.99
Fronting
North
Taxes
$8,500 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Springwater Market Statistics
Springwater Price Trend
121 Mennill Dr is a 3-bedroom 4-bathroom home listed for sale at $2,495,000, which is $1,557,757 (166.2%) higher than the average sold price of $937,243 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 3 bedroom home in Springwater declined by $504,174 (35.0%) compared to the previous 30 day period (March 7 - April 5) and down $112,757 (10.7%) from the same time one year ago.
Inventory Change
There were 36 3-bedroom homes listed in Springwater over the last 30 days (April 6 - May 5), which is up 24.1% compared with the previous 30 day period (March 7 - April 5) and up 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($18,653) (2.0%) below asking price over the last 30 days (April 6 - May 5), which represents a $31,611 increase compared to the previous 30 day period (March 7 - April 5) and ($41,478) 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 Springwater over the last 30 days (April 6 - May 5) stood at 36.1%, down from 58.6% over the previous 30 days (March 7 - April 5) and down from 59.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Springwater stood at 23 days when successfully sold over the last 30 days (April 6 - May 5), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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