116 Mystic Point Rd
FOR SALE
$889,000

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Property Description
Discover a rare gem nestled on the shores of Buckhorn Lake in the stunning Kawartha region. This turn-key waterfront home/cottage comes fully furnished inside and out, offers both pride of ownership and an excellent investment opportunity. The home is designed for ultimate comfort and enjoyment. The open-concept dining and living room, with its large lakeside window and cozy wood-burning fireplace, create a warm and inviting atmosphere. The property's sunroom and oversized deck are perfect for entertaining guests or enjoying serene lake views. The walkout lower level includes an additional bedroom, family room and an ample space for additional storage. With year-round access, this three-bedroom home is ideal for all seasons, offering activities such as swimming, fishing, boating in the summer, and cozy fireside evenings in the winter. The property comes with marine rail, dock, lakeside water pump, separate two-car garage and a carport spacious enough to accommodate a 20-foot pontoon boat. The well-maintained garden and mature trees add to the charm and privacy of this lakeside retreat. Located in a friendly and vibrant community, you'll have easy access to local shops, restaurants, and recreational facilities. Buckhorn Lake, one of the major lakes in the Kawartha region allows dock-free boating on five interconnected lakes. Whether you are looking for a full-time residence or a peaceful cottage getaway, this home is the perfect choice. Do not delay... Book your tour now!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-22 | 2024-09-30 | 131 | $899,900 | - | Expired |
2023-11-14 | 2024-01-15 | 62 | $899,000 | - | Expired |
2023-10-12 | 2023-11-19 | 38 | $949,000 | - | Terminated |
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Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
85' x 279'
Fronting
East
Taxes
$3,891 (2023)
Basement
Part Fin, W/O
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Available
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 7.55' x 10.14' | |
Living | Main | 11.12' x 21.78' | |
Dining | Main | 7.55' x 5.77' | |
Prim Bdrm | Main | 13.12' x 15.19' | |
2nd Br | Main | 11.48' x 13.68' | |
Sunroom | Main | 11.15' x 9.61' | |
Laundry | Main | 7.55' x 9.51' | |
Bathroom | Main | 7.87' x 4.69' | |
3rd Br | Bsmt | 10.17' x 11.52' | |
Family | Bsmt | 25.59' x 15.88' |
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Galway-Cavendish and Harvey Market Statistics
Galway-Cavendish and Harvey Price Trend
116 Mystic Point Rd is a 2-bedroom 1-bathroom home listed for sale at $889,000, which is $434,000 (95.4%) higher than the average sold price of $455,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Galway-Cavendish and Harvey declined by $664,000 (59.3%) compared to the previous 30 day period (December 22 - January 20) and down $430,000 (48.6%) from the same time one year ago.Inventory Change
There were 2 2-bedroom homes listed in Galway-Cavendish and Harvey over the last 30 days (January 21 - February 19), which is down 33.3% compared with the previous 30 day period (December 22 - January 20) and down 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Galway-Cavendish and Harvey typically sold $6,000 (1.3%) above asking price over the last 30 days (January 21 - February 19), which represents a $75,000 increase compared to the previous 30 day period (December 22 - January 20) and ($14,900) 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 2-bedroom homes in Galway-Cavendish and Harvey over the last 30 days (January 21 - February 19) stood at 50.0%, up from 33.3% over the previous 30 days (December 22 - January 20) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Galway-Cavendish and Harvey stood at 37 days when successfully sold over the last 30 days (January 21 - February 19), compared to 217 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc.
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