$1,699,000
For sale: Detached

Welcome to a rare 9.57-acre waterfront estate in the heart of Asphodel-Norwood, where natural beauty, privacy, and exceptional opportunity come together. Set along the scenic Norwood Mill Pond and enhanced by the tranquil flow of the Ouse River through the property, this picturesque retreat features a beautiful pond, mature landscaping, open green spaces, and breathtaking views in every direction. The property offers a diverse collection of living spaces, including a three-bedroom main residence with a bachelor walkout apartment, three self-contained one-bedroom hotel-style suites, a detached three-car garage with a two-bedroom loft apartment above, and a one-bedroom container home. Together, these accommodations create outstanding income potential while offering flexibility for multi-generational living, guest accommodations, or a future family compound. Adding to the property's appeal, the owner has already severed two parcels of higher-density residential land, approximately 0.63 acres and 0.666 acres, with building permits in place, creating exciting possibilities for future development. Thoughtfully renovated and well maintained, this unique estate is quietly tucked away in a stunning natural setting, yet remains conveniently located near local amenities. Whether you're an investor, entrepreneur, retreat operator, or a family looking to create a lasting legacy property, this is a truly exceptional opportunity to own one of the area's most versatile and picturesque waterfront holdings.
Sold data
Detached homes in Asphodel-Norwood (Norwood) took a median of 46 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 51 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.
The median sale price was $569,000.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 51 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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