Re-listed 22 days ago

121 Loon Lake Rd, Magnetawan, Ontario P0A 1Z0

Detached
3
2
~2000-2500 sqft
$•••,•••
$899,000
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Detached
3
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$404/sqft

Est. Mortgage$3,861/mo

Tax Amount (2024)$1,154/yr

Days On Market22 days

Total Days On Market88 days


Description

A truly unique opportunity awaits with this stunning custom-built home, currently under construction and approximately 75% complete. Set on a breathtaking 100-acre property, this retreat offers complete privacy, surrounded by a mix of lush hardwoods and 20% red pine marketable timber. Built with impeccable craftsmanship, this home features ICF construction from the slab-on-grade foundation to the rafters, R60 insulation and steel roof ensuring superior efficiency and durability. The thoughtfully designed interior boasts an open-concept layout with soaring vaulted ceilings in the kitchen, dining, and living areas, creating an inviting atmosphere. With 9 foot ceilings throughout the rest of the home, the spacious design includes three bedrooms, two bathrooms, and two versatile loft spaces one within the home and another above the oversized attached garage. The garage itself is a dream, featuring 14 foot ceilings and a 12x12 entrance, with a rough-in in the above loft for a potential in-law suite. The custom-quality kitchen cabinetry has already been purchased and is included in the sale, awaiting installation to complement the beautiful space. While hydro is not yet connected, the required transformer for a new hydro pole is estimated at approximately $6,500. The homeowner, a professional general contractor, can provide a detailed list of remaining finishes, allowing you to personalize the home to your style and preferences. This is an incredible chance to complete a dream home in an unparalleled natural setting. Don't miss out on this exceptional value book your private viewing today! Drawings and renditions available upon request.


Property Details

StyleBungaloft
ViewForest, Meadow, Trees/Woods
Age of propertyNew
SqFt~2000-2500 SqFt
Lot Size401,548 SqM(995.78 x 403.25)
Parking Spaces10
MLS ®NumberX12155013
Community NameMagnetawan
Data SourceTRREB
Listing byColdwell Banker Thompson Real Estate

Features

Heating: Radiant
Cooling: Other

Ground Floor

Kitchen

8.519 x 8.254

Cathedral Ceiling

Primary

3.951 x 3.923

Br

3.629 x 3.123

2nd Br

4.19 x 3.609


Features

Lot size: 401,548 SqM

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 8

Total parking spaces 10


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
22 days on market
history photo preview36
Listing by trreb®
Property listed by Coldwell Banker Thompson Real Estate, Brokerage
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Market Data - Magnetawan

Geo Zone Map ThumbnailMagnetawan

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

89 days

2023

13 days

2022

37 days

New Listings

Past 30 days

18 listings

Compared to

2024

17 listings

2023

7 listings

2022

10 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$390,000

Compared to

2024

$501,000

2023

$717,000

2022

$807,050


Population and Demographics

Overview

Total population 1525
Average household income $89,882

Age (%)

65 and plus
35%
50 to 64
28%
35 to 49
13%
0 to 19
13%
20 to 34
10%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
3%
German
3%
French
2%
Hungarian
1%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget