55 Beechnut Lane

FOR SALE
$1,925,000
55 Beechnut Lane, Norfolk
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
55 Beechnut Lane
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
12 + 3
ROOMS
X9375327
MLSID
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Property Description
Luxurious freehold condo nestled in a serene cul-de-sac offering shared ownership of 14 acres of Carolinian Forest, complete with hiking trails, private dock, and kayak launch. This Custom built craftsman-style home features a stunning brick and stone exterior with solid oak timbers, beautifully landscaped yards with sprinkler system, and an oversized main level rear porch, walk out lower level to a fire pit and Barbeque area, including a second floor walk out observation deck, impressive 5 french door outdoor access with 2 sets of Phantom screens. Boasting 3503 total sq. ft., 2 bedrooms on the main level, 1 on the lower level, 1 on the upper level and premium finishes throughout including quartz countertops, S/S appliances, marble backsplash, and 2 gas fireplaces. Essential amenities like central vac and smart light switches enhance convenience, while low maintenance fees cover grass cutting and snow removal, of private road and hand shovelled driveways. Located near Port Dover's amenities, this rare opportunity won't last long!
Property Details
Community
Property Type
Detached, 2-Storey
Fronting
West
Taxes
$9,294 (2023)
Basement
Finished
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain23.26' x 10.01'
BrMain10.60' x 11.15'
KitchenMain17.75' x 11.91'
DiningMain13.09' x 11.91'
LivingMain27.17' x 15.16'
Prim BdrmMain14.83' x 14.01'
LaundryMain7.25' x 9.51'
Family2nd26.84' x 14.01'
Br2nd11.52' x 13.85'
RecBsmt30.84' x 25.00'
BrBsmt16.77' x 14.07'
Norfolk Market Statistics
Norfolk Price Trend
55 Beechnut Lane is a 3-bedroom 4-bathroom home listed for sale at $1,925,000, which is $1,225,000 (175.0%) higher than the average sold price of $700,000 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 3 bedroom home in Norfolk increased by $121,875 (21.1%) compared to the previous 30 day period (August 22 - September 20) and down $75,200 (9.7%) from the same time one year ago.
Inventory Change
There were 24 3-bedroom homes listed in Norfolk over the last 30 days (September 21 - October 20), which is up 41.2% compared with the previous 30 day period (August 22 - September 20) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold ($14,712) (2.1%) below asking price over the last 30 days (September 21 - October 20), which represents a $18,049 decrease compared to the previous 30 day period (August 22 - September 20) and ($30,776) more 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 Norfolk over the last 30 days (September 21 - October 20) stood at 33.3%, down from 47.1% over the previous 30 days (August 22 - September 20) and down from 62.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Norfolk stood at 57 days when successfully sold over the last 30 days (September 21 - October 20), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency
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