7 Normwood Cres
Burnt River, Kawartha Lakes, K0M 1C0
FOR SALE
$1,580,000
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4 + 1
BEDROOMS2
BATHROOMS1
KITCHENS8 + 5
ROOMSX8201454
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Property Description
Experience year-round lakeside living & long southern views of desirable deep spring-fed clear & clean Four Mile Lake. Landscaped lot with low maintenance river rock & granite & your own boat launch ideally for a small boat all nestled in a cozy bay. The open concept main house contains 4 bedrooms, 2 baths, pine ceiling & wood fireplace. There is an additional year-round guest house with a bedroom, living/dining room, laundry room & kitchenette. Laundry room could be converted to a kids bunkroom. Laundry could be relocated to the main house foyer/mud room. 3 sets of sliding doors open up to gorgeous views of the lake. This set up is ideal for a family compound or possibly a rental retreat. Work from home capability with Cable Cable providing dependable high-speed internet. Both the main and guest house have metal roofs. Large decks on the main house offer many options for dining & relaxing. Enjoy evening bonfires at the lakeside firepit. This property is truly turn-key.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2016-05-04 | 2016-07-23 | 80 | $399,000 | $365,000 | Sold |
| 2021-03-31 | 2021-04-07 | 7 | $899,000 | $1,050,000 | Sold |
Property Features
Clear View, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
100' x 232'
Lot Irregularities
125.66' West, 214.94' North
Fronting
East
Taxes
$4,516 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 19.00' x 23.00' | Laminate, Fireplace, Open Concept |
| Dining | Main | 19.00' x 23.00' | Laminate, Combined W/Living, W/O To Deck |
| Kitchen | Main | 10.99' x 10.99' | Laminate, Breakfast Bar, O/Looks Backyard |
| Prim Bdrm | Main | 10.01' x 10.99' | Broadloom, 4 Pc Ensuite, Double Closet |
| 2nd Br | Main | 10.99' x 12.99' | Tile Floor, W/O To Deck, Large Window |
| 3rd Br | Main | 8.99' x 10.99' | Broadloom, Double Closet, Window |
| 4th Br | Main | 8.99' x 10.01' | Broadloom, Closet, Window |
| Foyer | Main | 6.99' x 10.99' | Tile Floor |
| Loft | Upper | 6.99' x 10.99' | Broadloom, O/Looks Backyard, Window |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
7 Normwood Cres is a 4-bedroom 2-bathroom home listed for sale at $1,580,000, which is $652,900 (70.4%) higher than the average sold price of $927,100 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Kawartha Lakes increased by $120,850 (15.0%) compared to the previous 30 day period (March 2 - March 31) and up $114,258 (14.1%) from the same time one year ago.Inventory Change
There were 28 4-bedroom homes listed in Kawartha Lakes over the last 30 days (April 1 - April 30), which is down 3.4% compared with the previous 30 day period (March 2 - March 31) and up 21.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kawartha Lakes typically sold ($48,875) (5.3%) below asking price over the last 30 days (April 1 - April 30), which represents a $3,201 decrease compared to the previous 30 day period (March 2 - March 31) and ($32,971) 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 4-bedroom homes in Kawartha Lakes over the last 30 days (April 1 - April 30) stood at 71.4%, up from 69.0% over the previous 30 days (March 2 - March 31) and up from 30.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Kawartha Lakes stood at 71 days when successfully sold over the last 30 days (April 1 - April 30), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Rcr Realty
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