3 Island 15KL
Morrison, Gravenhurst, P0E 1G0
FOR SALE
$649,900
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BEDROOMS1
BATHROOMS1
KITCHENS12
ROOMSX11912819
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Property Description
This 4 bedroom Kahshe Lake cottage is uniquely designed and just waiting for a new owner to put their stamp on it. Featuring 4 bedrooms (with potential and drawings for a 5th) and 1 full bath over 3 levels. Architecturally intriguing and extremely private, this boat access cottage is located only 2 mins from two different marinas and just 90 mins from the 401. The lot is about .7 of an acre with 115' of frontage with no visible neighbours on either side, you have the opportunity to keep it that way by purchasing the vacant lot next door(MLS #X11912825)and use this cottage while you plan your dream build. With North exposure you get the sun on the dock all day as it rises to your right and sets to your left with clear views down the channel both ways. Some recent utility work has been done including new sewage pump and lines, new Uv treatment system, hot water tank and pressure tank. There is an unfinished space in the cottage that does need TLC, affording the opportunity to make this 456 sq ft. area into a primary suite, rec room or whatever suits your needs. The lot is fairly elevated but the Cottage sits close to the water and has large decks front and back. Available immediately to enjoy this summer! Book your showing today and see what this one of a kind opportunity entails.
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Property Details
Street
Community
City
Property Type
Detached, Contemporary
Acreage
.50-1.99
Fronting
North
Taxes
$2,633 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Other
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.32' x 20.67' | W/O To Balcony |
| Living | Main | 10.73' x 16.24' | |
| Laundry | Main | 5.58' x 8.66' | |
| Sunroom | Main | 9.42' x 11.52' | |
| Br | 3rd | 8.92' x 9.15' | |
| 2nd Br | 3rd | 6.07' x 10.17' | |
| Prim Bdrm | 3rd | 9.32' x 12.50' | |
| 4th Br | Upper | 7.74' x 9.15' |
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Gravenhurst Market Statistics
Gravenhurst Price Trend
3 Island 15KL is a 4-bedroom 1-bathroom home listed for sale at $649,900, which is $237,900 (57.7%) higher than the average sold price of $412,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Gravenhurst declined by $323,000 (43.9%) compared to the previous 30 day period (December 22 - January 20) and down $363,000 (46.8%) from the same time one year ago.Inventory Change
There were 3 4-bedroom homes listed in Gravenhurst over the last 30 days (January 21 - February 19), which is down 40.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Gravenhurst typically sold ($16,000) (3.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $24,000 increase compared to the previous 30 day period (December 22 - January 20) and ($24,999) 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 Gravenhurst over the last 30 days (January 21 - February 19) stood at 33.3%, up from 20.0% over the previous 30 days (December 22 - January 20) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Gravenhurst stood at 23 days when successfully sold over the last 30 days (January 21 - February 19), compared to 13 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Lakes Of Muskoka Realty
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