2987 Marshall Rd

FOR SALE
$2,250,000
2987 Marshall Rd, Springwater
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
2987 Marshall Rd
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2 + 3
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 6
ROOMS
S11993790
MLSID
Contact Us
Property Description
Welcome to your home on the Lake. This custom built log post and beam home on the picturesque Orr Lake is a year round residence on a municipal, easily accessible yet very quiet road. Ample parking via a boulevard drive way. There is an oversized two car garage with storage and inside entry. Once inside you will step into your sunken foyer, open concept floor plan with 17 foot cathedral ceiling with exposed beams, Magic Windows with fantom side screens to take in that view. Beautifully appointed kitchen with a large island, Family room with a fireplace and dining room for entertaining all of your friends and family. Main floor master with a gorgeous ensuite with a slanted ceiling and a magnificent view of the water. This floor has access to a 24 by 13 foot deck with glass railings to take in the Orr Lake sunsets. Upper level features a loft space being used as a craft and games space over looking the below through another glass railing and a second over sized bedroom with its own set off stairs. Lower lever is a walk out with a second master with a gorgeous ensuite and a walk in, as well as two more bedrooms and another full bath. Walk out family room with another Orr Lake view. Once you step into your private yard oasis you will enjoy a property with lovely breezes (bug free) and an amazing waterfront. 60' deck with a 16'by18' end platform to accommodate a ton of seating for all of your Summertime fun. Orr lake is a quiet body of water great for swimming with a shallow entry. Cottage vibe year round living with all the best of modern technology and the latest in construction has to offer. Nothing to do, but move in and enjoy.
Property Features
Clear View, Lake/Pond
Property Details
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
53' x 338'
Acreage
< .50
Fronting
East
Taxes
$3,158 (2024)
Basement
Fin W/O
Exterior
Log
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.98' x 15.98'
DiningMain11.98' x 13.78'
LivingMain11.98' x 13.78'
Prim BdrmMain16.99' x 13.39'
2nd Br2nd10.99' x 27.99'
Loft2nd13.98' x 13.39'
FamilyLower17.98' x 13.98'
3rd BrLower9.97' x 13.88'
4th BrLower13.88' x 10.60'
5th BrLower12.99' x 17.98'
Springwater Market Statistics
Springwater Price Trend
2987 Marshall Rd is a 2-bedroom 4-bathroom home listed for sale at $2,250,000, which is $1,530,000 (212.5%) higher than the average sold price of $720,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Springwater declined by $250,000 (25.8%) compared to the previous 30 day period (December 22 - January 20) and down $114,583 (13.7%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Springwater over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Springwater typically sold ($29,900) (4.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $25,000 increase compared to the previous 30 day period (December 22 - January 20) and ($64,499) 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 Springwater over the last 30 days (January 21 - February 19) stood at 14.3%, down from 50.0% over the previous 30 days (December 22 - January 20) and down from 150.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Springwater stood at 23 days when successfully sold over the last 30 days (January 21 - February 19), compared to 110 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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