1530 Concession 1 Rd
Niagara-on-the-Lake, L0S 1J0
FOR SALE
$6,500,000
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4 + 4
BEDROOMS7
BATHROOMS1
KITCHENS17 + 9
ROOMSX8114430
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Property Description
Exquisite custom-built estate spanning nearly 10,000 sqft, set on 7 acres in scenic Niagara-on-the-Lake. This grand residence offers 8 bedrooms, 7 bathrooms, and a 3-car garage. Enter to a majestic foyer with 20 ft ceilings adorned with genuine crystal chandeliers imported from Vienna. The main floor boasts an expansive living and dining room, perfect for lavish entertaining. Indulge in the dream kitchen featuring built-in appliances, walk-in pantry, and Calacatta rare blue countertops. Imported Marmara marble floors grace the halls, living, dining and kitchen spaces. Retreat to the expansive primary suite with a luxurious 3 pc ensuite and walk-in closet. Elevator access adds convenience, while a sun-filled gym caters to fitness enthusiasts. The basement offers a generous rec area, den and ample storage. Revel in the global inspiration evident in the finishes, furniture, and fixtures throughout. A truly unparalleled residence for the discerning buyer.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-02 | 2024-01-29 | 119 | $6,500,000 | - | Terminated |
| 2023-10-02 | 2023-10-12 | 10 | $8,999,000 | - | Suspended |
Extras
Built-in Appliances, Washer, Dryer, Window Coverings, All Elf's, Wine Cooler, Closet Organizers, Chandeliers, Garage Door Openers, Furniture, Golf Cart.
Property Features
Golf, Lake/Pond, Other, Park, Place Of Worship, School
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Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
5000+
Lot Size
186' x 1,034'
Acreage
5-9.99
Fronting
West
Taxes
$9,996 (2023)
Basement
Finished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Other
Elevator
Yes
Parking Spaces
15
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.24' x 23.82' | Marble Floor, Open Concept, Wainscoting |
| Dining | Main | 14.24' x 23.92' | Marble Floor, Double Doors, Formal Rm |
| Kitchen | Main | 16.08' x 23.92' | Marble Floor, B/I Appliances, Centre Island |
| Laundry | Main | 9.84' x 11.32' | Laundry Sink, Backsplash, Stone Counter |
| Prim Bdrm | Main | 17.42' x 27.76' | Marble Floor, 3 Pc Ensuite, W/I Closet |
| Br | Main | 14.40' x 15.49' | Tile Floor, W/I Closet, Window |
| Br | Main | 13.68' x 15.49' | W/I Closet, W/O To Deck, 3 Pc Ensuite |
| Br | Main | 11.68' x 15.49' | Vinyl Floor, W/I Closet, 3 Pc Ensuite |
| Exercise | Main | 20.18' x 20.41' | Sliding Doors, W/O To Yard |
| Rec | Bsmt | 29.43' x 31.07' | Vinyl Floor, Elevator, Open Concept |
| Den | Bsmt | 12.66' x 23.82' | Vinyl Floor, Open Concept, Window |
| Br | Bsmt | 12.40' x 14.76' | Vinyl Floor, 4 Pc Ensuite |
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
1530 Concession 1 Rd is a 4-bedroom 7-bathroom home listed for sale at $6,500,000, which is $5,493,500 (545.8%) higher than the average sold price of $1,006,500 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 4 bedroom home in Niagara-on-the-Lake declined by $58,500 (5.5%) compared to the previous 30 day period (March 6 - April 4) and down $195,425 (16.3%) from the same time one year ago.Inventory Change
There were 9 4-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (April 5 - May 4), which is down 10.0% compared with the previous 30 day period (March 6 - April 4) and up 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Niagara-on-the-Lake typically sold ($50,000) (5.0%) below asking price over the last 30 days (April 5 - May 4), which represents a $25,000 decrease compared to the previous 30 day period (March 6 - April 4) and ($57,875) 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 4-bedroom homes in Niagara-on-the-Lake over the last 30 days (April 5 - May 4) stood at 66.7%, up from 30.0% over the previous 30 days (March 6 - April 4) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Niagara-on-the-Lake stood at 20 days when successfully sold over the last 30 days (April 5 - May 4), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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This beautiful clapboard five bedroom home is quintessential Niagara! Situated in the heart of the town, however set in a tranquil setting on an estate lot of almost an acre. Stunning views overlooking the golf course and Lake Ontario. Incredible grounds, very private with perennial shrubs, flowers, and mature trees, large inground pool, and flagstone patios, creating wonderful vignettes to follow the sun. Separate two bedroom annex area with kitchen (formerly a two car garage - could be converted back). Charming and spacious principal rooms, over 5500 square feet above grade, great for entertaining, with multiple fireplaces, both gas and wood. Transitional and tasteful restoration/renovation, including systems and mechanics (two heating and cooling systems). Irrigation system and landscape lighting. Steps to Queen Street shops and restaurants. This is a rare and special property that would make a wonderful fulltime residence or recreational property to invite family and friends to make lasting memories!
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