5632 Penetanguishene Rd
Rural Springwater, Springwater, L0L 1P0
FOR SALE
$899,900
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Property Description
Excellent waterfront opportunity in Springwater across the road from Orr Lake Golf Club! This property features a 3 bedroom, 2 bathroom home with spectacular views of the lake AND a 2 bedroom, fully winterized cottage both on the very beautiful and very private Orr Lake. With 46' of frontage on the water and 430' from the road, there is lots of space to roam and enjoy! Main House is strategically laid out to enjoy year round views of the lake from your family room which features a walk out to the deck and gas fireplace to enjoy in the winter months! A fenced dog run area is great for pets! The cottage is a great opportunity for seasonal or long term additional income or could be used as in-law suite or overflow for family and guests! Only a few minutes away from golfing, skiing, and the amenities of Barrie, Elmvale, Wasaga Beach, and Midland. With easy access to Highway 400 for commuters!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-04 | 2024-10-28 | 54 | $949,900 | - | Terminated |
2024-07-25 | 2024-09-04 | 41 | $999,900 | - | Terminated |
2024-05-06 | 2024-07-17 | 72 | $999,999 | - | Terminated |
2024-03-07 | 2024-05-06 | 60 | $1,099,900 | - | Terminated |
Property Features
Beach, Golf
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Acreage
< .50
Fronting
South
Taxes
$3,300 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Well
Parking Spaces
6
Driveway
Mutual
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Dining | 2nd | 13.09' x 8.01' | Open Concept |
Kitchen | 2nd | 19.26' x 16.01' | W/O To Deck |
Living | 2nd | 11.32' x 19.16' | Fireplace, W/O To Deck |
Prim Bdrm | 2nd | 9.68' x 12.01' | Hardwood Floor |
Br | Main | 11.32' x 10.50' | Hardwood Floor |
Br | Main | 9.58' x 9.25' | Hardwood Floor |
Family | Main | 19.26' x 16.08' |
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Springwater Market Statistics
Springwater Price Trend
5632 Penetanguishene Rd is a 3-bedroom 2-bathroom home listed for sale at $899,900, which is $79,100 (8.1%) lower than the average sold price of $979,000 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Springwater increased by $10,370 (1.1%) compared to the previous 30 day period (September 1 - September 30) and up $117,600 (13.7%) from the same time one year ago.Inventory Change
There were 30 3-bedroom homes listed in Springwater over the last 30 days (October 1 - October 30), which is down 21.1% compared with the previous 30 day period (September 1 - September 30) and up 7.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($33,052) (3.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $13,342 decrease compared to the previous 30 day period (September 1 - September 30) and ($8,179) less 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 (October 1 - October 30) stood at 56.7%, up from 26.3% over the previous 30 days (September 1 - September 30) and up from 17.9% 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 36 days when successfully sold over the last 30 days (October 1 - October 30), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Exit Realty True North
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