2240 South Orr Lake Rd
Rural Springwater, Springwater, L0L 1P0
FOR SALE
$1,980,000
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BEDROOMS4
BATHROOMS1
KITCHENS8 + 3
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Property Description
Welcome to your waterfront dream home, where luxury and tranquility meet on the serene shores of Orr Lake. This stunning home offers over 3,500 square feet of meticulously designed living space. As you step inside, you're greeted by the breathtaking sight of a floating staircase, that sets the tone for the rest of the home. Beautiful, heated wood flooring flows seamlessly throughout, adding warmth and sophistication. The heart of the home offers a custom kitchen, equipped with top-of-the-line appliances including a gas stove and built-in double oven. The kitchen's sleek design and functional layout make it a perfect space for culinary creations. Adjacent to the kitchen, you'll find a spacious family room that offers panoramic views of the waterfront & 22 ft cathedral ceilings, a separate dining room, a formal sitting room, 2 piece bath and office area w/walk-out. The second level boasts 3 generously sized bedrooms, a 4-piece guest bathroom and the master suite is a true sanctuary, featuring a luxurious 4-piece ensuite bathroom and walk in closet w/built-ins. The lower level of the home offers a second living room with large windows that flood the space with natural light, a pool table/games room area, 3 separate walk-outs, a laundry room and stunning wet bar that is a fantastic addition for those who love to entertain. Step outside to discover paradise! The expansive stonework and waterfall feature is ideal for entertaining, dining and relaxing in the hot tub while enjoying the picturesque surroundings. The dock and sandy water access makes it easy to indulge in water activities, from swimming to boating, to kayaking. For additional convenience there is a boathouse and sea doo dock to store all those water toys! The detached triple garage offers ample storage for vehicles and has a mostly finished loft (632 sq ft of additional living space) w/heated floors & a separate 100 amp electrical panel. This home is more than just a residence; it's a lifestyle.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-19 | 2024-12-12 | 146 | $1,999,900 | - | Terminated |
Extras
Boat house (5.22 m x 3.10 m), mostly finished loft area above garage (11.3 m x 6.43 m)
Property Features
Lake Access, Lake/Pond, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 257'
Lot Irregularities
52.78X272.46
Fronting
South
Taxes
$7,205 (2024)
Basement
Fin W/O
Exterior
Other
Heat Type
Other
Heat Source
Other
Air Conditioning
Central Air
Water
Well
Parking Spaces
7
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 22.70' x 19.09' | Hardwood Floor, North View, Gas Fireplace |
| Kitchen | Main | 14.37' x 19.19' | Granite Counter, Ceramic Floor |
| Dining | Main | 12.11' x 10.07' | Hardwood Floor |
| Family | Main | 10.99' x 18.80' | Hardwood Floor |
| Office | Main | 9.38' x 9.58' | Hardwood Floor |
| Br | 2nd | 15.49' x 17.29' | Hardwood Floor, W/I Closet, 4 Pc Ensuite |
| 2nd Br | 2nd | 10.99' x 14.80' | Hardwood Floor |
| 3rd Br | 2nd | 10.99' x 14.80' | Hardwood Floor |
| Great Rm | Lower | 27.49' x 47.08' | Combined wi/Game, Gas Fireplace, 3 Pc Bath |
| Other | Lower | 10.79' x 16.70' | B/I Shelves, B/I Bar, Wet Bar |
| Laundry | Lower | 10.37' x 13.19' | |
| Loft | In Betwn | 21.10' x 37.07' |
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Springwater Market Statistics
Springwater Price Trend
2240 South Orr Lake Rd is a 3-bedroom 4-bathroom home listed for sale at $1,980,000, which is $1,423,174 (255.6%) higher than the average sold price of $556,826 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 3 bedroom home in Springwater declined by $395,507 (41.5%) compared to the previous 30 day period (November 9 - December 8) and down $322,102 (36.6%) from the same time one year ago.Inventory Change
There were 9 3-bedroom homes listed in Springwater over the last 30 days (December 9 - January 7), which is down 50.0% compared with the previous 30 day period (November 9 - December 8) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($11,599) (2.1%) below asking price over the last 30 days (December 9 - January 7), which represents a $13,334 increase compared to the previous 30 day period (November 9 - December 8) and ($34,514) 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 (December 9 - January 7) stood at 166.7%, up from 66.7% over the previous 30 days (November 9 - December 8) and up from 100.0% 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 58 days when successfully sold over the last 30 days (December 9 - January 7), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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