5632 Penetanguishene Rd

FOR SALE
$899,900
5632 Penetanguishene Rd, Springwater
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
5632 Penetanguishene Rd
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BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
S9513601
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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!
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
Property Details
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
Room Summary
RoomLevelSizeFeatures
Dining2nd13.09' x 8.01'Open Concept
Kitchen2nd19.26' x 16.01'W/O To Deck
Living2nd11.32' x 19.16'Fireplace, W/O To Deck
Prim Bdrm2nd9.68' x 12.01'Hardwood Floor
BrMain11.32' x 10.50'Hardwood Floor
BrMain9.58' x 9.25'Hardwood Floor
FamilyMain19.26' x 16.08'
Springwater Market Statistics
Springwater Price Trend
5632 Penetanguishene Rd is a 3-bedroom 2-bathroom home listed for sale at $899,900, which is $219,707 (19.6%) lower than the average sold price of $1,119,607 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Springwater increased by $148,920 (15.3%) compared to the previous 30 day period (September 21 - October 20) and down $99,950 (8.2%) from the same time one year ago.
Inventory Change
There were 24 3-bedroom homes listed in Springwater over the last 30 days (October 21 - November 19), which is down 22.6% compared with the previous 30 day period (September 21 - October 20) and down 17.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($38,064) (3.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $13,027 decrease compared to the previous 30 day period (September 21 - October 20) and ($42,256) 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 (October 21 - November 19) stood at 58.3%, up from 51.6% over the previous 30 days (September 21 - October 20) and up from 24.1% 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 35 days when successfully sold over the last 30 days (October 21 - November 19), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exit Realty True North
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