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Property Description
Welcome to your dream cottage in beautiful Long Point. This charming, updated cottage is situated on a large corner lot & offers two boat slips (26x18 & 36x12) on the inner bay boat channel - perfect for boating enthusiasts. Just a two-minute walk to the stunning Long Point Beach, this location provides the ultimate blend of relaxation & adventure. The cottage features a bright & airy living area with a vaulted ceiling, a newly updated kitchen (2021/22) with quartz counters, subway tiles, stainless steel appliances, & a breakfast bar. The bathroom has been modernized, & the convenience of an in-house washer & dryer is included. Enjoy outdoor living on the large deck, perfect for dining & relaxation, or gather around the fire pit under the mature trees. The backyard backs onto protected green space, ensuring peace & privacy. When not used personally, the cottage is operating as a successful AirBnB, generating over $56,000 in rental income (2024). Don't miss this incredible opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-25 | 2024-10-28 | 96 | $799,916 | - | Expired |
Property Features
Beach, Campground, Grnbelt/Conserv, Lake Access, Lake/Pond, Waterfront
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
76' x 141'
Lot Irregularities
SEE SCHEDULE A
Fronting
West
Taxes
$4,572 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.71' x 12.30' | Vaulted Ceiling, Stainless Steel Appl, Quartz Counter |
| Dining | Main | 13.71' x 6.99' | Vaulted Ceiling, Open Concept |
| Living | Main | 13.71' x 14.01' | Vaulted Ceiling, Open Concept |
| Br | Main | 9.19' x 7.74' | Vaulted Ceiling |
| Br | Main | 9.25' x 10.27' | Vaulted Ceiling |
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Norfolk Market Statistics
Norfolk Price Trend
16 Howey Ave is a 2-bedroom 1-bathroom home listed for sale at $774,900, which is $62,100 (7.4%) lower than the average sold price of $837,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Norfolk declined by $413,000 (33.0%) compared to the previous 30 day period (December 22 - January 20) and up $470,944 (128.7%) from the same time one year ago.Inventory Change
There were 8 2-bedroom homes listed in Norfolk over the last 30 days (January 21 - February 19), which is up 60.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold ($29,966) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $19,034 increase compared to the previous 30 day period (December 22 - January 20) and ($14,018) 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 2-bedroom homes in Norfolk over the last 30 days (January 21 - February 19) stood at 75.0%, up from 20.0% over the previous 30 days (December 22 - January 20) and down from 1,250.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Norfolk stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
Similar Listings
Enjoy a perfect blend of cozy living and outdoor adventure with this year-round 2-bedroom cottage, complete with a spacious loft area that offers a great bonus space for sleeping or the kiddo's, in the scenic Long Point area. Situated on a channel with direct access to water, the property boasts a floating dock with ski-doo slip and enough room for a 22' boat , stamped concrete deck to ensure ease and enjoyment for boaters and water enthusiasts. Minutes from the beach, this cottage is perfect for families or anyone looking to capitalize on passive income potential through vacation rentals. The addition of a Tiki bar makes it an ideal spot for entertaining guests and making memories. Dont miss out on the opportunity to own this unique and versatile cottage, with endless possibilities for fun and relaxation!
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Nestled in the charming coastal community of Turkey Point, this property offers a unique opportunity for those seeking a waterfront retreat with immense potential. Situated on a substantial lot (0.32 acres) with breathtaking views of Lake Erie, this is a hidden gem waiting to be transformed. The outdated cottage exudes a rustic charm that can be restored to its former glory or used as a stepping stone for something new. The vast waterfront lot provides ample space for expansion and development, offering endless possibilities for those with a vision. Whether you aspire to renovate the existing structure or build your dream home from scratch, this is a canvas for your imagination. Investors take note! Additionally, the detached bunkhouse offers versatility, perfect for accommodating guests or creating a separate retreat within this beautiful coastal setting. Opportunities like this don't come often - seize the chance to own a piece of paradise in Turkey Point and turn your waterfront dreams into reality.
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