4872 Regional Road 20
West Lincoln, L0R 1Y0
FOR SALE
$1,699,900
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BEDROOMS1
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Property Description
Welcome to a rare offering - 98 acres of blissful countryside, just a short drive away from city conveniences. This remarkable property offers a perfect blend of tranquility and convenience. Boasting 55 acres of productive farmland, two barns, a workshop, numerous ponds, and trails, this is an opportunity to own a truly unique piece of land. Here's what makes this property stand out: Expansive Acreage - Sprawling across 98 acres, this property provides a rare opportunity for both privacy and endless possibilities. Farmland - Approximately 55 acres are dedicated to productive farmland which is currently leased out to a local farmer. Choose to continue this agreement or use the land for personal use. Barns and Workshop - Two barns and a workshop provide ample space for storage, projects, or potential conversion to suit your needs. Natural Ponds - Discover the beauty of multiple fishable ponds scattered throughout the property, creating a serene and picturesque landscape. Trails - Explore the diverse terrain and scenic beauty of the land through established trails, perfect for hiking, horseback riding, or ATV adventures.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-30 | 2024-09-30 | 154 | $1,750,000 | - | Expired |
| 2023-11-15 | 2024-05-02 | 169 | $1,750,000 | - | Terminated |
Property Features
Golf, Grnbelt/Conserv, Lake/Pond, Place Of Worship, School Bus Route
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
1,883' x 2,237'
Acreage
50-99.99
Lot Irregularities
U shape. PROPERTY LINES IN GEOWAREHOUSE
Fronting
South
Taxes
$2,913 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Water
Other
Parking Spaces
8
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Mudroom | Main | 9.15' x 7.68' | |
| Kitchen | Main | 15.42' x 22.24' | Eat-In Kitchen |
| Living | Main | 19.09' x 11.15' | |
| Foyer | Main | 6.66' x 6.66' | |
| Br | Main | 12.07' x 12.60' | |
| Laundry | Main | 12.07' x 9.32' | |
| 2nd Br | Main | 10.60' x 10.83' | |
| 3rd Br | Main | 10.83' x 10.83' | |
| Bathroom | Main | 6.56' x 10.83' | 4 Pc Bath |
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West Lincoln Market Statistics
West Lincoln Price Trend
4872 Regional Road 20 is a 3-bedroom 1-bathroom home listed for sale at $1,699,900, which is $982,400 (136.9%) higher than the average sold price of $717,500 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 3 bedroom home in West Lincoln declined by $65,700 (8.4%) compared to the previous 30 day period (August 22 - September 20) and down $57,500 (7.4%) from the same time one year ago.Inventory Change
There were 8 3-bedroom homes listed in West Lincoln over the last 30 days (September 21 - October 20), which is up 33.3% compared with the previous 30 day period (August 22 - September 20) and down 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in West Lincoln typically sold ($39,950) (5.6%) below asking price over the last 30 days (September 21 - October 20), which represents a $1,614 decrease compared to the previous 30 day period (August 22 - September 20) and $100 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 West Lincoln over the last 30 days (September 21 - October 20) stood at 75.0%, down from 83.3% over the previous 30 days (August 22 - September 20) and up from 50.0% 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 West Lincoln stood at 21 days when successfully sold over the last 30 days (September 21 - October 20), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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