864 Concession 1 Rd
Niagara-on-the-Lake, L0S 1J0
FOR SALE
$2,395,000
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3 + 1
BEDROOMS5
BATHROOMS1
KITCHENS9 + 2
ROOMSX9248246
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Property Description
Welcome to this stunning 2,945 sq. ft. bungalow, expertly crafted with a blend of stone and Hardie board exterior. From the moment you step inside, you'll be greeted by the expansive open concept living area, featuring soaring 10-ft ceilings and no carpets. The heart of the home is the gourmet kitchen, boasting Quartz countertops throughout, a large island with bar stool seating, stainless steel appliances, abundant counter and cupboard space, and a spacious pantry. The main floor master bedroom wing is a true retreat, complete with a coffered ceiling, a generous walk-in closet, and a luxurious 5-piece ensuite. Enjoy private access to the rear yard from your master bedroom. The main floor also offers a versatile office (or potential fourth bedroom), two additional bedrooms with walk-in closetsone with a private 4-piece ensuite and the other with ensuite privilegeand a 2-piece powder room off the foyer. The mudroom off the garage features a laundry area and barn-style roller door. The fully finished basement includes a large rec room with a kitchenette, an additional bedroom, and a 3-piece bathroom with a spacious glass shower. With 9-ft ceilings and a heated slab, the basement is as comfortable as it is functional. Outdoor living is equally impressive, with a covered rear patio complete with TV hookup, BBQ line, and pull-down privacy screens. Relax in the inground heated saltwater pool, unwind in the hot tub, or enjoy the fully fenced, landscaped yard with a stone wall surround. The property, just under an acre, is surrounded by picturesque vineyards and fruit farms. Additional features include an insulated 2-car garage with hot water hookup, city water, an interior and exterior wired-in speaker system, a security system, and central vac. This exquisite home offers the perfect blend of luxury, comfort, and tranquility.
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Extras
basement deep freeze
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Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
200' x 200'
Acreage
.50-1.99
Fronting
West
Taxes
$8,571 (2023)
Basement
Full, Part Fin
Exterior
Other, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
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Niagara-on-the-Lake Market Statistics
Niagara-on-the-Lake Price Trend
864 Concession 1 Rd is a 3-bedroom 5-bathroom home listed for sale at $2,395,000, which is $1,383,691 (136.8%) higher than the average sold price of $1,011,309 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Niagara-on-the-Lake declined by $6,881 (0.7%) compared to the previous 30 day period (July 22 - August 20) and down $293,691 (22.5%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in Niagara-on-the-Lake over the last 30 days (August 21 - September 19), which is down 18.8% compared with the previous 30 day period (July 22 - August 20) and up 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Niagara-on-the-Lake typically sold ($46,378) (4.6%) below asking price over the last 30 days (August 21 - September 19), which represents a $150 decrease compared to the previous 30 day period (July 22 - August 20) and ($47,500) 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 Niagara-on-the-Lake over the last 30 days (August 21 - September 19) stood at 969.2%, down from 1,512.5% over the previous 30 days (July 22 - August 20) and up from 45.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Niagara-on-the-Lake stood at 31 days when successfully sold over the last 30 days (August 21 - September 19), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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