5989 Penetanguishene Rd

FOR SALE
$899,000
5989 Penetanguishene Rd, Springwater
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
5989 Penetanguishene Rd
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1
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1
KITCHENS
11
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Property Description
Welcome to 5989 Penetanguishene Road in Springwater. This single story 3 bedroom home is situated on 4.43 beautiful acres. Features a slab foundation, level entrance, mudroom open concept space and privacy. A quick commute to Barrie, Mount Saint Louis, Horseshoe Valley, Orr Lake, and more. Perfect for those who have a farm animal or two, the side property is fenced in to accomodate animals and is currently home to pet cows. Enjoy a large 30 X 40 soft top heated shop used to store your toys or to work on your vehicles. The home rests in the middle of 2 cleared acres enhanced with a circular driveway and a large backyard to enjoy fires sports. You can be one with nature in the wooded forest behind you while drinking your coffee on the newly built 8x12 deck. Your vision can come to life on this private property enhancing the home to fit your style.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-22 2024-10-31 149 $949,900 - Expired
Property Features
School Bus Route, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Acreage
2-4.99
Lot Irregularities
IRREG
Fronting
North
Taxes
$2,376 (2024)
Basement
None
Exterior
Vinyl Siding, Wood
Heat Type
Other
Heat Source
Wood
Air Conditioning
Window Unit
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
MudroomMain6.00' x 4.99'
KitchenMain11.52' x 19.65'
LivingMain11.58' x 19.26'
UtilityMain14.99' x 9.58'
BrMain8.83' x 10.66'
OfficeMain10.40' x 8.01'
BrMain12.24' x 10.17'
Prim BdrmMain9.84' x 15.75'
FamilyMain10.60' x 16.24'
Springwater Market Statistics
Springwater Price Trend
5989 Penetanguishene Rd is a 3-bedroom 1-bathroom home listed for sale at $899,000, which is $53,333 (5.6%) lower than the average sold price of $952,333 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 3 bedroom home in Springwater declined by $197,590 (17.2%) compared to the previous 30 day period (October 12 - November 10) and down $224,292 (19.1%) from the same time one year ago.
Inventory Change
There were 18 3-bedroom homes listed in Springwater over the last 30 days (November 11 - December 10), which is down 21.7% compared with the previous 30 day period (October 12 - November 10) and down 33.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($24,933) (2.6%) below asking price over the last 30 days (November 11 - December 10), which represents a $22,474 increase compared to the previous 30 day period (October 12 - November 10) and ($44,537) 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 (November 11 - December 10) stood at 66.7%, up from 56.5% over the previous 30 days (October 12 - November 10) and up from 29.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Springwater stood at 31 days when successfully sold over the last 30 days (November 11 - December 10), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 B.J. Roth Realty Ltd.
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