1139 River Lane

Gravenhurst, P0E 1G0
FOR SALE
$2,499,900
1139 River Lane, Gravenhurst
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
1 + 2
ROOMS
X8189568
MLSID
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Property Description
Experience lakeside luxury nestled in the heart of Southern Muskoka. Bright, spacious windows flood the professionally hand-cut, heated granite stone floors with natural light, creating a warm and inviting atmosphere. The space extends seamlessly into a massive, screened porch, offering panoramic views of the serene surroundings. This lower-level oasis has two bedrooms and a great room with a grand gas stone fireplace, perfect for cozy evenings. The sizeable bathroom features a walk-in shower and convenient laundry area. Additionally, the furnace room is equipped with cutting-edge amenities such as a UV filter, pre-filters, water softener, and on-demand water supply, ensuring comfort and convenience year-round. Ascend the stairs to the main floor, where hardwood flooring and ceramic tiles accentuate the spacious layout. The Eat-in kitchen is a chef's dream, complete with ample storage and a walkout to a Trex deck and pergola, offering breathtaking sunset views. Cathedral ceilings adorn the great room, while two bedrooms provide ample accommodation. A large storage closet and main bathroom add to the functionality of this exquisite space. Outside, the property boasts an expansive lot with over 524.95 feet of water frontage, multiple deck systems, and a garage-style boathouse. A cobblestone driveway leads to an oversized two-car garage with a finished loft, providing additional living space, recreational area, studio or storage. The home comes equipped with a Generac Generator. This tranquil retreat is a haven for nature enthusiasts, offering access to the picturesque Trent Canal and Sparrow Lake. Whether you're fishing, boating, or simply relaxing by the water's edge, this property promises year-round enjoyment. With convenient access to South Muskoka and just an hour's drive from Toronto, this multi-generational home is the epitome of luxury living in a serene natural setting. Don't miss your chance to own a piece of paradise in Southern Muskoka!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-14 2023-10-31 167 $2,195,000 - Expired
2023-06-14 2023-07-25 69 $2,495,000 - Suspended
Extras
Incl: Central Vac, Dishwasher 'as is", Dryer, Garage Door Opener, Microwave, Refrigerator, Satellite Dish, Stove, Washer, Window Coverings
Property Features
Golf, Lake Access, Marina, Park, River/Stream, Waterfront
Property Details
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
525' x 169'
Acreage
.50-1.99
Fronting
West
Taxes
$8,981 (2023)
Basement
Fin W/O, Full
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.58' x 23.00'
LivingMain13.48' x 19.16'
Prim BdrmMain12.01' x 12.99'
BrMain9.74' x 10.83'
Great RmLower16.40' x 23.33'
BrLower10.33' x 11.58'
BrLower10.17' x 10.76'
Great Rm2nd21.00' x 23.00'
Gravenhurst Market Statistics
Gravenhurst Price Trend
1139 River Lane is a 2-bedroom 2-bathroom home listed for sale at $2,499,900, which is $1,817,567 (266.4%) higher than the average sold price of $682,333 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom home in Gravenhurst declined by $47,667 (6.5%) compared to the previous 30 day period (March 3 - April 1) and down $242,667 (26.2%) from the same time one year ago.
Inventory Change
There were 5 2-bedroom homes listed in Gravenhurst over the last 30 days (April 2 - May 1), which is down 0.0% compared with the previous 30 day period (March 3 - April 1) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Gravenhurst typically sold ($20,666) (3.0%) below asking price over the last 30 days (April 2 - May 1), which represents a $12,267 increase compared to the previous 30 day period (March 3 - April 1) and ($24,900) 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 Gravenhurst over the last 30 days (April 2 - May 1) stood at 60.0%, down from 60.0% over the previous 30 days (March 3 - April 1) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Gravenhurst stood at 18 days when successfully sold over the last 30 days (April 2 - May 1), compared to 25 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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