121 Loon Lake Rd
Magnetawan, Magnetawan, P0A 1Z0
FOR SALE
$924,900
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3
BEDROOMS2
BATHROOMS1
KITCHENS11
ROOMSX12014845
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Property Description
A truly unique opportunity awaits with this stunning custom-built home, currently under construction and approximately 75% complete. Set on a breathtaking 100-acre property, this retreat offers complete privacy, surrounded by a mix of lush hardwoods and 20% red pine marketable timber. Built with impeccable craftsmanship, this home features ICF construction from the slab-on-grade foundation to the rafters, R60 insulation and steel roof ensuring superior efficiency and durability. The thoughtfully designed interior boasts an open-concept layout with soaring vaulted ceilings in the kitchen, dining, and living areas, creating an inviting atmosphere. With 9 ceilings throughout the rest of the home, the spacious design includes three bedrooms, two bathrooms, and two versatile loft spaces one within the home and another above the oversized attached garage. The garage itself is a dream, featuring 14 ceilings and a 12x12 entrance, with a rough-in in the above loft for a potential in-law suite. The custom-quality kitchen cabinetry has already been purchased and is included in the sale, awaiting installation to complement the beautiful space. While hydro is not yet connected, the required transformer for a new hydro pole is estimated at approximately $6,500. The homeowner, a professional general contractor, can provide a detailed list of remaining finishes, allowing you to personalize the home to your style and preferences. This is an incredible chance to complete a dream home in an unparalleled natural setting. Don't miss out on this exceptional value book your private viewing today! Drawings and renditions available upon request.
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Property Features
Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungaloft
Lot Size
403' x 996'
Acreage
50-99.99
Fronting
South
Taxes
$1,154 (2024)
Basement
None
Exterior
Other
Heat Type
Radiant
Heat Source
Propane
Air Conditioning
Other
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Laundry | Ground | 7.48' x 12.93' | Access To Garage |
| Kitchen | Ground | 27.07' x 27.95' | Cathedral Ceiling |
| Prim Bdrm | Ground | 12.86' x 12.96' | |
| Br | Ground | 10.24' x 11.91' | |
| 2nd Br | Ground | 11.84' x 13.75' | |
| Utility | Ground | 3.94' x 8.37' | |
| Loft | 2nd | 15.75' x 18.50' | |
| Loft | 2nd | 15.75' x 24.67' | |
| Other | Ground | 4.89' x 12.96' | B/I Closet |
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Magnetawan Market Statistics
Magnetawan Price Trend
121 Loon Lake Rd is a 3-bedroom 2-bathroom home listed for sale at $924,900, which is $20,100 (2.1%) lower than the average sold price of $945,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Magnetawan increased by $597,500 (171.9%) compared to the previous 30 day period (December 22 - January 20) and up $425,000 (81.7%) from the same time one year ago.Inventory Change
There were 0 3-bedroom homes listed in Magnetawan over the last 30 days (January 21 - February 19), which is down 100.0% compared with the previous 30 day period (December 22 - January 20) and down 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Magnetawan typically sold ($64,450) (6.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $53,550 decrease compared to the previous 30 day period (December 22 - January 20) and $21,000 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 Magnetawan over the last 30 days (January 21 - February 19) stood at ∞, up from 1,400.0% over the previous 30 days (December 22 - January 20) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Magnetawan stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Thompson Real Estate
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