72 Chelsea Lane

King City, King, L7B 1E6
FOR SALE
$4,498,000
72 Chelsea Lane, King
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
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72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
72 Chelsea Lane
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72 Chelsea Lane
72 Chelsea Lane
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72 Chelsea Lane
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
9 + 6
ROOMS
N8230450
MLSID
Contact Us
Property Description
Beautiful 5-bdrm, gated custom raised bungalow situated on 2 acres of manicured lawns, surrounded by nature's rolling hills in Kingscross Estates. Located on a private street, this home boasts an indoor pool, featuring sliding doors that completely open for an outdoor feel. Entertaining is made easy with a wet bar and over 1,800 sq ft of terrace with multiple walkouts, providing vista views of surrounding Conservation, with covered loggia and indoor/outdoor fireplaces. Featuring a sauna, outdoor spa/hot tub, walking distance to King City trails, minutes to Hwy 400 and King City GO.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-16 2023-10-24 8 $7,498,000 - Terminated
2021-04-21 2021-06-11 51 $3,980,000 $3,690,000 Sold
2020-09-28 2021-01-21 115 $3,480,000 - Suspended
Extras
Walking distance to king city trails. Top of line app wolf/subzero, custom wetbar, 2 furnaces, artic spa hot tub, HRVS, lg sauna, mudroom, numerous mature trees, pella windows, water system, heated garage and large home theatre
Nearby Intersections
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
3500-5000
Lot Size
221' x 403'
Acreage
2-4.99
Lot Irregularities
403 X 207 X 444 X 9 X 9 X8 X 8 X 8 X 176
Fronting
North
Taxes
$20,750 (2023)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
10
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain46.06' x 55.12'Gas Fireplace, Cathedral Ceiling, Hardwood Floor
DiningMain50.59' x 52.76'Gas Fireplace, Picture Window, Hardwood Floor
FamilyMain51.77' x 65.55'Hardwood Floor, Fireplace, Pot Lights
KitchenMain41.11' x 72.11'Marble Floor, Heated Floor, W/O To Balcony
Prim BdrmMain45.21' x 55.12'5 Pc Ensuite, Hardwood Floor, W/O To Balcony
2nd BrMain39.93' x 47.47'4 Pc Ensuite, Heated Floor, Window
3rd BrMain37.04' x 39.07'Hardwood Floor, Large Closet, Window
4th BrMain38.75' x 39.07'Hardwood Floor, Large Closet, Window
RecBsmt57.15' x 107.32'Wet Bar, Tile Floor, Fireplace
King Market Statistics
King Price Trend
72 Chelsea Lane is a 4-bedroom 5-bathroom home listed for sale at $4,498,000, which is $2,086,667 (86.5%) higher than the average sold price of $2,411,333 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in King declined by $552,000 (18.6%) compared to the previous 30 day period (February 29 - March 29) and down $279,917 (10.4%) from the same time one year ago.
Inventory Change
There were 31 4-bedroom homes listed in King over the last 30 days (March 30 - April 28), which is up 3.3% compared with the previous 30 day period (February 29 - March 29) and up 3.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($75,666) (3.1%) below asking price over the last 30 days (March 30 - April 28), which represents a $88,445 increase compared to the previous 30 day period (February 29 - March 29) and ($255,652) 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 King over the last 30 days (March 30 - April 28) stood at 29.0%, down from 30.0% over the previous 30 days (February 29 - March 29) and down from 53.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in King stood at 17 days when successfully sold over the last 30 days (March 30 - April 28), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Nest Seekers International Real Estate
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