2240 South Orr Lake Rd

FOR SALE
$1,999,900
2240 South Orr Lake Rd, Springwater
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
2240 South Orr Lake Rd
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
S9046200
MLSID
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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.
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
Clear View, Lake Access, Sloping, Waterfront
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
53' x 272'
Acreage
< .50
Lot Irregularities
49.99 x 257.46
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
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain22.70' x 19.09'Gas Fireplace, Hardwood Floor
KitchenMain14.37' x 19.19'Granite Counter, B/I Oven, Breakfast Bar
DiningMain12.11' x 10.07'Hardwood Floor
OfficeMain9.38' x 9.58'Hardwood Floor
FamilyMain10.99' x 18.80'Hardwood Floor, B/I Bookcase
Br2nd15.49' x 17.29'Hardwood Floor, 4 Pc Ensuite, W/I Closet
2nd Br2nd15.09' x 14.80'Hardwood Floor
3rd Br2nd10.99' x 14.80'Hardwood Floor
Great RmLower27.49' x 47.08'Gas Fireplace, Combined wi/Game
OtherLower10.79' x 16.70'Wet Bar, B/I Bar
LaundryLower10.37' x 13.78', B/I Shelves
LoftIn Betwn21.10' x 37.07'Hardwood Floor, Partly Finished
Springwater Market Statistics
Springwater Price Trend
2240 South Orr Lake Rd is a 3-bedroom 4-bathroom home listed for sale at $1,999,900, which is $915,200 (84.4%) higher than the average sold price of $1,084,700 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Springwater increased by $109,655 (11.2%) compared to the previous 30 day period (July 22 - August 20) and up $100,854 (10.3%) from the same time one year ago.
Inventory Change
There were 42 3-bedroom homes listed in Springwater over the last 30 days (August 21 - September 19), which is up 5.0% compared with the previous 30 day period (July 22 - August 20) and up 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($22,024) (2.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $22,815 decrease compared to the previous 30 day period (July 22 - August 20) and ($38,700) 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 (August 21 - September 19) stood at 28.6%, up from 27.5% over the previous 30 days (July 22 - August 20) and down from 36.1% 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 29 days when successfully sold over the last 30 days (August 21 - September 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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