20 TANBARK Rd

FOR SALE
$4,350,000
20 TANBARK Rd, Niagara-on-the-Lake
20 TANBARK Rd
20 TANBARK Rd
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 6
ROOMS
X9414404
MLSID
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Property Description
Welcome to a slice of paradise nestled in the picturesque landscape of Niagara On The Lake. Presenting a rare opportunity to own a remarkable 75-acre farm property, boasting TWO spacious homes in good condition - House #1 has 7 bedrooms and 2 baths and House #2 has 4 bedrooms and 2 baths. House #2 is accompanied by an expansive barn - all three buildings have a sturdy metal roof. Escape the hustle and bustle of city life and immerse yourself in nature's tranquility. Explore acres of lush greenery, meandering pathways, and open spaces, perfect for hiking, horseback riding, or simply unwinding amidst the serene surroundings. This property is a haven for agricultural enthusiasts, featuring 24 acres of plums and 13.7 acres of grapes, all meticulously maintained with drip irrigation and underdrained systems. Whether you're a seasoned farmer or aspiring vintner, the fertile land and favorable climate create the perfect conditions for a thriving harvest year after year. For those with a passion for horses, the large barn with a durable metal roof provides ample space for stables, tack rooms, and storage, offering everything you need to indulge in your equestrian pursuits. Whether you're seeking a private sanctuary to call home, a picturesque setting for agricultural endeavors, or a lucrative investment opportunity, this exceptional property delivers on every front. Don't miss your chance to own a piece of paradise in one of Niagara's most coveted locations.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-26 2024-05-21 90 $4,350,000 - Expired
Property Details
Property Type
Detached, Bungalow-Raised
Acreage
50-99.99
Taxes
$5,233 (2023)
Basement
Finished, Full
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
10
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.09' x 15.42'
LivingMain15.32' x 11.91'
Prim BdrmMain12.40' x 13.75'
BrMain12.07' x 11.91'
BrMain9.09' x 11.84'
OtherBsmt15.58' x 19.59'
UtilityBsmt11.91' x 16.24'
OfficeBsmt7.84' x 10.99'
BrBsmt17.59' x 11.91'W/I Closet
Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
20 TANBARK Rd is a 3-bedroom 3-bathroom home listed for sale at $4,350,000, which is $3,427,500 (371.5%) higher than the average sold price of $922,500 in the last 30 days (October 5 - November 3). During the last 30 days the average sold price for a 3 bedroom home in Niagara-on-the-Lake increased by $106,500 (13.1%) compared to the previous 30 day period (September 5 - October 4) and down $175,357 (16.0%) from the same time one year ago.
Inventory Change
There were 15 3-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (October 5 - November 3), which is down 21.1% compared with the previous 30 day period (September 5 - October 4) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara-on-the-Lake typically sold ($38,500) (4.2%) below asking price over the last 30 days (October 5 - November 3), which represents a $3,599 increase compared to the previous 30 day period (September 5 - October 4) and ($26,671) 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 Niagara-on-the-Lake over the last 30 days (October 5 - November 3) stood at 133.3%, up from 52.6% over the previous 30 days (September 5 - October 4) and up from 46.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Niagara-on-the-Lake stood at 36 days when successfully sold over the last 30 days (October 5 - November 3), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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