15 Balsam Park Rd
Rural Verulam, Kawartha Lakes, K0M 1A0
FOR SALE
$2,900,000
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Property Description
This custom-built (2004) Linwood timber frame home resides on one of the most spectacular lots on Sturgeon Lake, with 258 ft of pristine north-west facing waterfront and more than 2 acres of level land that evokes a tremendous sense of grandeur. The property is an oasis of privacy and tranquility, and yet is within walking distance to the lovely town of Bobcaygeon. The tasteful cedar and stone-clad home is highlighted on the main floor by a high-ceilinged living room with floor-to-ceiling windows and granite propane fireplace, a hand-made cherry wood kitchen, and a screened sunroom with stone floor and walk-out to an outdoor stone patio. The main floor layout also includes a dining area, a Primary with a 5 pc ensuite and walk-in-closet, a second bedroom and bathroom, a laundry room and a 3 bay attached garage. The main floor has comfortable in-floor radiant heat and hardwood floors throughout. The second floor features a media room with theatre seating for 12 people, a games room, a bonus room, a bedroom, and a 3 pc bathroom. There is also access to the loft above the garage with an insulated floor that can serve as a very spacious and bright workshop or studio. The grounds around the home are professionally landscaped with stone patios and paths, low-maintenance perennial gardens and lawn interspersed with mature trees, all kept lush by an in-ground sprinkler system. At the waterside is an exceedingly rare newer (2007) double bay wetslip boat house with 3 R&J lifts. Swimming in the hard-bottom, weed-free waterfront is perfect off the concrete dock of the boat house, or alternatively one can wade in from the waterside armour stone stairs in front of the home, where the western vistas down the length of Sturgeon Lake are sensational. The large lot size and municipal road access provide potential options for lot severance and/or additional dwelling units. Most furniture is included and other items including a gorgeous 25 Cobalt boat are separately negotiable.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-31 | 2024-08-31 | 92 | $3,100,000 | - | Expired |
| 2024-04-04 | 2024-05-31 | 57 | $3,300,000 | - | Terminated |
Property Features
Marina, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
258' x 392'
Acreage
2-4.99
Fronting
North
Taxes
$12,105 (2023)
Basement
Crawl Space
Exterior
Stone, Wood
Heat Type
Radiant
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 22.83' x 22.90' | |
| Dining | Main | 16.17' x 11.15' | |
| Kitchen | Main | 13.12' x 11.75' | |
| Sunroom | Main | 16.40' x 10.83' | |
| Prim Bdrm | Main | 13.12' x 12.60' | |
| Bathroom | Main | 8.17' x 9.58' | 5 Pc Ensuite |
| 2nd Br | Main | 9.25' x 13.42' | |
| Bathroom | Main | 7.84' x 7.25' | 3 Pc Bath |
| 3rd Br | 2nd | 10.93' x 10.40' | |
| Bathroom | 2nd | 6.33' x 5.68' | |
| Other | 2nd | 16.17' x 14.07' | |
| Other | 2nd | 15.42' x 20.41' |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
15 Balsam Park Rd is a 3-bedroom 3-bathroom home listed for sale at $2,900,000, which is $2,251,010 (346.8%) higher than the average sold price of $648,990 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 3 bedroom home in Kawartha Lakes declined by $114,004 (14.9%) compared to the previous 30 day period (August 6 - September 4) and up $330,820 (104.0%) from the same time one year ago.Inventory Change
There were 156 3-bedroom homes listed in Kawartha Lakes over the last 30 days (September 5 - October 4), which is up 25.8% compared with the previous 30 day period (August 6 - September 4) and up 56.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kawartha Lakes typically sold ($23,472) (3.6%) below asking price over the last 30 days (September 5 - October 4), which represents a $287 increase compared to the previous 30 day period (August 6 - September 4) and ($5,620) 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 Kawartha Lakes over the last 30 days (September 5 - October 4) stood at 42.9%, down from 53.2% over the previous 30 days (August 6 - September 4) and down from 1,077.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Kawartha Lakes stood at 42 days when successfully sold over the last 30 days (September 5 - October 4), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Kawartha Waterfront Realty Inc.
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