232 Rainbow Ridge Rd
Rural Mariposa, Kawartha Lakes, K0M 2C0
FOR SALE
$2,199,000
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Property Description
Lovely Cute Cottage First Time Offered For Sale, Nestled On 51.5 Acres With Panoramic Views Of Lake Scugog. Approximately 500 Feet Of Water Frontage. Boat House is 24 Ft x 24 Ft. With 3 Garage Doors Plus A Huge 24 Ft x 36 Ft Drive In Shed/Workshop With A 12 Ft. High Door, 100 AMP Service And Steel Roof. An Additional Drive In Shed & Workshop Are Located On The North Limit Of The Property. This Property Has Immense Potential For Multiple Use Limited By The Buyers Imagination. Dock, Boathouse, Drive In Shed, Workshop & Drive In Shed At North Limit Of Property.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-04-26 | 2023-09-26 | 153 | $3,750,000 | - | Expired |
Extras
Dock, Boathouse, Drive In Shed, Workshop & Drive In Shed At North Limit Of Property. Abutting 40 Plus Vacant Land Also Listed.
Property Features
Waterfront
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
496' x 2,625'
Acreage
50-99.99
Fronting
South
Taxes
$3,016 (2023)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 6.89' x 11.15' | Vinyl Floor, Vaulted Ceiling |
| Living | Main | 11.15' x 12.14' | Vaulted Ceiling |
| Dining | Main | 8.86' x 7.87' | Large Window, Vaulted Ceiling |
| Solarium | Main | 9.51' x 13.12' | W/O To Deck, Large Window |
| Prim Bdrm | Main | 11.15' x 12.14' | Hardwood Floor, Large Window |
| Br | Main | 7.87' x 12.14' | Hardwood Floor |
| Laundry | Main | 5.25' x 7.87' | |
| Rec | Bsmt | 15.09' x 20.01' | W/O To Water, Fireplace |
| Br | Bsmt | 11.15' x 21.98' | Large Window |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
232 Rainbow Ridge Rd is a 2-bedroom 2-bathroom home listed for sale at $2,199,000, which is $1,648,466 (299.4%) higher than the average sold price of $550,534 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Kawartha Lakes declined by $78,075 (12.4%) compared to the previous 30 day period (February 27 - March 27) and down $91,042 (14.2%) from the same time one year ago.Inventory Change
There were 72 2-bedroom homes listed in Kawartha Lakes over the last 30 days (March 28 - April 26), which is up 12.5% compared with the previous 30 day period (February 27 - March 27) and up 53.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Kawartha Lakes typically sold ($13,518) (2.5%) below asking price over the last 30 days (March 28 - April 26), which represents a $2,785 increase compared to the previous 30 day period (February 27 - March 27) and ($20,810) 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 Kawartha Lakes over the last 30 days (March 28 - April 26) stood at 59.7%, up from 50.0% over the previous 30 days (February 27 - March 27) and down from 68.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Kawartha Lakes stood at 25 days when successfully sold over the last 30 days (March 28 - April 26), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark First Group Realty Ltd.
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