160 Gilwood Park Dr
Penetanguishene, Penetanguishene, L9M 1Z6
FOR SALE
$1,499,000
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Property Description
Welcome to your waterfront oasis! This 4-bedroom home is a hidden gem waiting for your personal touch. Nestled along the serene shoreline of Penetang Bay, this property offers breathtaking views and a tranquil atmosphere that beckons you to unwind and embrace the waterfront lifestyle. As you step through the front door, you'll be greeted by a spacious living area featuring large windows that frame the picturesque scenery. The heart of the home, the kitchen, is ready for a makeover, presenting an exciting opportunity to design the culinary space of your dreams. With a little imagination and creativity, you can transform this area into a modern, functional hub for family gatherings and entertaining. The four bedrooms provide ample space for relaxation and privacy, the primary having incredible water views. The potential is boundless, allowing you to customize these spaces to suit your personal style and preferences. Picture waking up to the gentle sounds of the water and retiring in the evening to the soft glow of moonlight casting reflections on the waves. Outside, the expansive waterfront lot is a canvas for your landscaping aspirations. Imagine creating your own private paradise with a lakeside patio, a dock for boating adventures, and lush greenery to enhance the natural beauty of the surroundings. While this home requires updates, the rewards are immeasurable. Bring your vision to life and transform this waterfront retreat into a haven that reflects your lifestyle. The possibilities are endless, and the investment is sure to yield a lifetime of memories against the backdrop of the tranquil waters. Don't miss the chance to make this waterfront dream home yours! Schedule a showing today and discover the potential that awaits.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
98' x 297'
Fronting
North
Taxes
$10,036 (2023)
Basement
Fin W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Penetanguishene Market Statistics
Penetanguishene Price Trend
160 Gilwood Park Dr is a 4-bedroom 2-bathroom home listed for sale at $1,499,000, which is $659,000 (78.5%) higher than the average sold price of $840,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Penetanguishene increased by $325,000 (63.1%) compared to the previous 30 day period (July 17 - August 15) and up $171,000 (25.6%) from the same time one year ago.Inventory Change
There were 6 4-bedroom homes listed in Penetanguishene over the last 30 days (August 16 - September 14), which is down 14.3% compared with the previous 30 day period (July 17 - August 15) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Penetanguishene typically sold ($9,990) (1.2%) below asking price over the last 30 days (August 16 - September 14), which represents a $90 decrease compared to the previous 30 day period (July 17 - August 15) and ($35,560) 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 Penetanguishene over the last 30 days (August 16 - September 14) stood at 16.7%, down from 42.9% over the previous 30 days (July 17 - August 15) and down from 250.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Penetanguishene stood at 90 days when successfully sold over the last 30 days (August 16 - September 14), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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