56 Falls Bay Rd
Rural Verulam, Kawartha Lakes, K0M 1A0
FOR SALE
$2,499,900
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1 + 2
BEDROOMS3
BATHROOMS1
KITCHENS9 + 8
ROOMSX11946252
MLSIDContact Us
Property Description
Experience lakeside living on beautiful Pigeon Lake with this stunning 1+2 bedroom, 2.5-bath waterfront home. The main floor boasts a bright and airy great room with cathedral ceilings, hardwood floors, with a floor to ceiling stone propane fireplace and a walkout to a covered rear deck spanning the rear of the home. The gorgeous custom kitchen features granite countertops, a large center island, and flows seamlessly into the bright dining room with stunning lake views. The spacious main floor primary bedroom includes a walk in closet with built ins and a 3 piece ensuite, while a 2-piece bath, main floor laundry, mudroom with walkout to the attached double garage add extra convenience. The fully finished lower level offers two additional bright bedrooms, both with walk in closets, plus a 3-piece bath, and a large rec room with another propane fireplace and walkout to the stamped concrete patio and yard. A den/playroom and utility/storage room complete the space. Enjoy the comfort of heated floors throughout the entire home. Step outside to 105 feet of waterfront on the Trent-Severn Waterway. Relax on your private dock, wade into the soft-bottom shoreline, or make use of the boathouse. A perfect retreat for waterfront living.
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Property Features
Cul De Sac, Lake/Pond, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Acreage
.50-1.99
Fronting
East
Taxes
$7,177 (2024)
Basement
Finished, Full
Exterior
Wood
Heat Type
Heat Pump
Heat Source
Propane
Air Conditioning
Other
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Great Rm | Main | 18.86' x 30.97' | Hardwood Floor, Fireplace, W/O To Deck |
| Prim Bdrm | Main | 13.12' x 16.50' | W/I Closet, 3 Pc Ensuite, W/O To Deck |
| Dining | Main | 16.21' x 9.12' | Hardwood Floor |
| Mudroom | Main | 7.32' x 10.96' | Tile Floor, Heated Floor, W/O To Garage |
| Laundry | Main | 11.19' x 5.15' | Tile Floor, Heated Floor |
| Br | Lower | 6.89' x 7.09' | Hardwood Floor, W/I Closet, Closet Organizers |
| Rec | Lower | 18.90' x 30.28' | Hardwood Floor, Fireplace, W/O To Patio |
| Utility | Lower | 15.58' x 10.01' | |
| Den | Lower | 8.73' x 11.15' | Hardwood Floor |
| Br | Lower | 12.11' x 15.78' | Hardwood Floor, W/I Closet |
| Kitchen | Main | 16.17' x 15.45' | Partly Finished, Centre Island, Granite Counter |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
56 Falls Bay Rd is a 1-bedroom 3-bathroom home listed for sale at $2,499,900, which is $1,979,900 (380.8%) higher than the average sold price of $520,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom home in Kawartha Lakes increased by $267,000 (105.5%) compared to the previous 30 day period (November 19 - December 18) and down $80,000 (13.3%) from the same time one year ago.Inventory Change
There were 0 1-bedroom homes listed in Kawartha Lakes over the last 30 days (December 19 - January 17), which is down 100.0% compared with the previous 30 day period (November 19 - December 18) and down 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Kawartha Lakes typically sold ($26,266) (5.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $20,634 increase compared to the previous 30 day period (November 19 - December 18) and ($24,900) 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 1-bedroom homes in Kawartha Lakes over the last 30 days (December 19 - January 17) stood at ∞, up from 20.0% over the previous 30 days (November 19 - December 18) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 3-bathroom home in Kawartha Lakes stood at 58 days when successfully sold over the last 30 days (December 19 - January 17), compared to 117 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Kawartha Lakes Realty Inc.
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