1398 Old Second Rd N
Rural Springwater, Springwater, L0L 2K0
FOR SALE
$2,800,000
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3
BEDROOMS2
BATHROOMS1
KITCHENS8 + 1
ROOMSS9255764
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Property Description
Discover paradise on this picturesque 78-acre horse farm, perfectly located for convenience and adventure. Just a short drive from the highway, this property offers easy access to Toronto, while still being close to the natural beauty of Georgian Bay, Lake Simcoe, and Muskoka. Enjoy nearby attractions such as golfing, skiing, and shopping, all within reach. This stunning property seamlessly blends comfort and functionality. The primary residence boasts 3 spacious bedrooms and 2 full bathrooms, making it perfect for family living. Unwind in the above-ground pool or on the expansive wraparound deck, which is an ideal spot for hosting gatherings or simply enjoying serene evenings under the stars. Equestrians will be delighted by the impressive 40 x 260 barn, featuring 8 stalls and 6 well-maintained paddocks that provide ample space for your horses to thrive. Adjacent to the barn, a heated 26 x 24 studio offers an inspiring environment for creativity, additional living space, or the perfect spot for family and friends to gather. A heated 30 x 50 detached garage/workshop complements the property, providing endless possibilities for hobbies or maintenance. For those who appreciate outdoor pursuits, this property is a haven, offering a 5/8-mile track and 10 miles of scenic trails for leisurely rides or serious training. Furthermore, the expansive property caters to a variety of outdoor activities, from cross-country skiing and dirt biking to snowmobiling and beyond ensuring ample opportunities for adventure. Adding value to this exceptional property is a charming second home with two bedrooms and one full bathroom, perfect for guests, extended family, or rental income. With its rare combination of luxury, lifestyle, and practicality, this magnificent farm property is a must-see for any equestrian enthusiast or outdoor lover. Schedule your private tour today and imagine the endless possibilities that await in this remarkable retreat!
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Extras
Heated detached garage/shop, Heated studio, Barn with 8 stalls, tack room, 6 and paddocks, 5/8 mile track, 2nd dwelling with 2 bedrooms and 1 bathroom
Property Features
Grnbelt/Conserv, Level, Part Cleared, School Bus Route, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Rural Resid, Sidesplit 3
Approximate Sq.Ft.
2500-3000
Lot Size
1,361' x 2,126'
Acreage
50-99.99
Fronting
West
Taxes
$5,260 (2023)
Basement
Finished, Part Bsmt
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Abv Grnd
Parking Spaces
20
Driveway
Circular
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.63' x 7.74' | Tile Floor |
| Living | Main | 18.86' x 15.06' | , Vaulted Ceiling |
| Kitchen | Main | 18.86' x 8.46' | Laminate, Double Sink, Vaulted Ceiling |
| Dining | Main | 11.81' x 8.10' | Laminate, Skylight |
| Sunroom | Main | 7.55' x 23.20' | Hardwood Floor, Walk-Out |
| Prim Bdrm | 2nd | 21.10' x 16.77' | Hardwood Floor, W/I Closet |
| Bathroom | 2nd | 21.10' x 11.68' | 5 Pc Ensuite, Tile Floor, Sauna |
| 2nd Br | Lower | 9.61' x 12.80' | Broadloom |
| 3rd Br | Lower | 11.61' x 11.29' | Broadloom |
| Bathroom | Lower | 10.56' x 7.45' | 3 Pc Bath, Tile Floor |
| Rec | Bsmt | 21.88' x 22.21' | Broadloom |
| Utility | Bsmt | 16.08' x 10.86' |
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Springwater Market Statistics
Springwater Price Trend
1398 Old Second Rd N is a 3-bedroom 2-bathroom home listed for sale at $2,800,000, which is $1,689,385 (152.1%) higher than the average sold price of $1,110,615 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in Springwater increased by $100,949 (10.0%) compared to the previous 30 day period (October 3 - November 1) and up $35,128 (3.3%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in Springwater over the last 30 days (November 2 - December 1), which is down 25.0% compared with the previous 30 day period (October 3 - November 1) and down 44.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($32,053) (2.9%) below asking price over the last 30 days (November 2 - December 1), which represents a $958 increase compared to the previous 30 day period (October 3 - November 1) and ($55,187) 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 (November 2 - December 1) stood at 61.9%, down from 64.3% over the previous 30 days (October 3 - November 1) and up from 21.1% 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 Springwater stood at 38 days when successfully sold over the last 30 days (November 2 - December 1), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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