7580 16th Sdrd
Rural King, King, L7E 5R7
FOR SALE
$2,698,000
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4 + 1
BEDROOMS4
BATHROOMS1
KITCHENS8 + 3
ROOMSN11928575
MLSIDContact Us
Property Description
Welcome to the Pond House, set on a sprawling 12.1 acres with stunning views! This luxurious home has been meticulously and extensively renovated with timeless high end finishes, both inside and out. Elevated land offers a prime opportunity to build a future dream home with breathtaking views for miles. The Pond House is perfectly situated for privacy and enjoying the beautiful views, overlooking water and trees from every room.The pond has a dual pump system with cascading fountain in the summer and is great for skating in the winter. Redesigned landscaping around the home is lavishly done, there are century old maple trees with a maple sugar shack, a small fruit tree orchard and plenty of parking for guests or toys with over ten parking spaces plus an oversize two car garage. The property currently earns approx. $14,000/yr via two massive sun tracking Solar Panels that sell energy back to the hydro company. There is an optional Forest Management incentive with the property to further reduce property tax. The home has a well designed, bright, spacious layout featuring many vaulted ceilings including a beautiful beamed vaulted ceiling in the main room, three fireplace feature walls, three skylights and multiple walkouts to a second floor balcony overlooking the pond. There are many magazine worthy rooms in the Pond House, the kitchen has been completely redesigned using custom cabinetry, brass hardware, farmhouse sink, top-tier appliances ($10K Bosch fridge) and high-quality countertops. All bathrooms have been completely redesigned using marble floors, brass hardware, high quality counter tops and accessories. No expense was spared in the spacious primary ensuite! The redesigned primary bedroom is massive and features breathtaking fountain views from bed. Enjoy morning coffee from one of two walkouts off the primary, water or treed vistas. Be sure to see the attached Feature Sheet, too many features and upgrades to list!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-19 | 2025-01-17 | 120 | $2,875,000 | - | Terminated |
2023-06-22 | 2023-08-09 | 48 | $2,500,000 | - | Terminated |
2023-06-07 | 2023-08-01 | 55 | $4,000 | $4,000 | Leased |
2021-02-01 | 2021-04-11 | 69 | $2,200,000 | - | Expired |
2020-09-11 | 2021-02-01 | 143 | $1,900,000 | - | Terminated |
2019-11-15 | 2020-05-02 | 169 | $1,875,000 | - | Terminated |
2019-07-25 | 2019-11-08 | 106 | $1,999,900 | - | Terminated |
Extras
LVT throughout, new doors&hardware, new roof, water&filter system overhaul, well&septic serviced, new insulation&much more. See the Feature Sheet! Buyer to do own due diligence re: development, taxes & details. Soil test & survey available.
Property Features
Lake/Pond, Part Cleared, School Bus Route, Waterfront, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
400' x 1,349'
Acreage
10-24.99
Fronting
North
Taxes
$8,033 (2024)
Basement
Finished
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Ground | 13.98' x 14.70' | Overlook Water, Picture Window, W/O To Deck |
Living | Ground | 14.93' x 18.04' | Large Window, Overlook Water, Fireplace |
Dining | Ground | 11.68' x 14.99' | Overlook Water, Large Window, French Doors |
Family | Ground | 13.65' x 19.39' | Fireplace, Skylight, Vaulted Ceiling |
4th Br | Ground | 15.45' x 17.75' | W/O To Yard, French Doors, Vaulted Ceiling |
Br | 2nd | 13.32' x 14.67' | 4 Pc Ensuite, Vaulted Ceiling, W/O To Balcony |
2nd Br | 2nd | 11.15' x 12.83' | Double Closet, Large Window, Vaulted Ceiling |
3rd Br | 2nd | 8.69' x 14.93' | Double Closet, Vaulted Ceiling, W/O To Balcony |
Prim Bdrm | 2nd | 18.14' x 20.77' | W/O To Balcony, Overlook Water, 6 Pc Ensuite |
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King Market Statistics
King Price Trend
7580 16th Sdrd is a 4-bedroom 4-bathroom home listed for sale at $2,698,000, which is $75,500 (2.9%) higher than the average sold price of $2,622,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in King declined by $90,400 (3.3%) compared to the previous 30 day period (November 19 - December 18) and up $370,500 (16.5%) from the same time one year ago.Inventory Change
There were 7 4-bedroom homes listed in King over the last 30 days (December 19 - January 17), which is down 22.2% compared with the previous 30 day period (November 19 - December 18) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in King typically sold ($193,420) (7.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $16,480 increase compared to the previous 30 day period (November 19 - December 18) and ($174,142) less 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 (December 19 - January 17) stood at 71.4%, down from 111.1% over the previous 30 days (November 19 - December 18) and down from 87.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in King stood at 63 days when successfully sold over the last 30 days (December 19 - January 17), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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