24 Private Lane
Long Point, Norfolk, N0E 1M0
FOR SALE
$789,000
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BEDROOMS1
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Property Description
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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-25 | 2021-10-01 | 37 | $689,000 | $645,900 | Sold |
| 2021-08-06 | 2021-08-25 | 19 | $749,000 | - | Terminated |
| 2021-07-02 | 2021-08-05 | 34 | $849,000 | - | Terminated |
Property Features
Marina, Waterfront
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Lot Size
48' x 104'
Fronting
South
Taxes
$4,059 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Other
Parking Spaces
2
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 12.01' x 13.91' | |
| Kitchen | Main | 12.83' x 8.50' | |
| Living | Main | 14.01' x 18.77' | |
| Br | Main | 8.83' x 11.91' | |
| 2nd Br | Main | 8.83' x 8.99' | |
| Foyer | Main | 7.91' x 8.92' | |
| Sunroom | Main | 13.68' x 5.41' | |
| Bathroom | Main | 8.01' x 7.51' | 4 Pc Bath |
| Loft | 2nd | 12.24' x 18.08' |
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Norfolk Market Statistics
Norfolk Price Trend
24 Private Lane is a 2-bedroom 1-bathroom home listed for sale at $789,000, which is $48,000 (5.7%) 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 Coldwell Banker Momentum Realty, Brokerage
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