36464 MILL ROAD, Bluewater (Stanley)

$1,349,000

For sale: Other

Other at 36464 MILL ROAD, Bluewater (Stanley)
Property type
Farm
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13501298
Neighbourhood
Stanley

50-acre farm located on Mill Road at the edge of Bayfield, with 31 workable acres accessible off David Street, along with a solid family home and powered shop with concrete floor. This property presents multiple opportunities, including updating the current home to your taste or exploring the possibility of building your dream home in a beautiful country setting where deer frequent the fields. The workable land generates approximately $9,000 per year in rental income, with potential residential rental income of $26,000+ annually and additional potential from the shop. A surplus farm dwelling severance may also be possible for a qualifying agricultural buyer, subject to applicable policies and approvals. With its location near Bayfield and Lake Huron, desirable farmland and multiple potential uses, properties like this don't come along often. Virtually altered images have been included to show ideas for the site. Whether you're looking for your dream home with beautiful acreage, adding to your land base, or seeking your next investment, this property is worth exploring.

Sold data

Homes in Stanley — recent sold market

Homes in Stanley took a median of 35 days to sell over the last 730 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 105, across 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.

The median sale price was $699,999.

Homes sold for about 6.0% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$699,999
Sale-to-list ratio
94.0%
Sold above asking
11%

Based on 35 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 36464 MILL ROAD