1-1356 & 1357 Peninsula Rd
Muskoka Lakes, P0B 1J0
FOR SALE
$1,529,000
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BEDROOMS1
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Property Description
Extraordinary Opportunity: Exceptional Lake Joseph Property with 265 Ft of South West Frontage. Permits In Place To Construct A Double Slip Dock Facing SW for Breathtaking Sunsets. Includes 2 Covered Boat Slips, Rooftop Sundeck, Entertainment Area and Excess Dock Space. Potential for Even Further Expansion. Additionally, Another 250sf Bunkie Grasping The Waters Edge, Ready for Reconstruction & Permit Approved, Unlimited Waterfront Potential. See Attachments For Further Info. Adjacent Cottage on Over 1.5 Acres, Featuring Ample Parking, Serene Side Yard, and Spacious Wrap-Around Balcony. Lake House Feel While Conveniently Close to Port Sandfield, Dining, Golf, and Lake Joseph Club Amenities. Ideal for Muskoka Summers Right In the Hub Of The Big 3. Generous Kitchen with Stainless Steel Appliances, Combined Dining Area, and Spacious Living and Family Rooms. Three Bedrooms with Abundant Natural Light and Updated Bath. Plus, a Shed for Tools and Extra Parking, Enabling Further Development.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-24 | 2024-08-28 | 126 | $1,689,000 | - | Terminated |
| 2023-09-27 | 2023-11-03 | 37 | $1,799,000 | - | Terminated |
Property Features
Clear View, Golf, Marina, Waterfront, Wooded/Treed
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Property Details
Street
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
1500-2000
Acreage
< .50
Fronting
West
Taxes
$3,732 (2023)
Basement
None
Exterior
Vinyl Siding, Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Other
Parking Spaces
3
Driveway
Private
Garage Type
Other
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Muskoka Lakes Market Statistics
Muskoka Lakes Price Trend
1-1356 & 1357 Peninsula Rd is a 3-bedroom 1-bathroom home listed for sale at $1,529,000, which is $472,750 (44.8%) higher than the average sold price of $1,056,250 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Muskoka Lakes declined by $3,743,750 (78.0%) compared to the previous 30 day period (September 21 - October 20) and up $668,250 (172.2%) from the same time one year ago.Inventory Change
There were 5 3-bedroom homes listed in Muskoka Lakes over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Muskoka Lakes typically sold ($41,750) (4.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $153,250 increase compared to the previous 30 day period (September 21 - October 20) and ($11,999) 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 Muskoka Lakes over the last 30 days (October 21 - November 19) stood at 80.0%, up from 20.0% over the previous 30 days (September 21 - October 20) and down from ∞ 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 Muskoka Lakes stood at 158 days when successfully sold over the last 30 days (October 21 - November 19), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Psr
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