57 CUTTING DRIVE, Centre Wellington (Elora/Salem)

$1,148,900

For sale: Detached

Detached at 57 CUTTING DRIVE, Centre Wellington (Elora/Salem)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13561904
Neighbourhood
Elora/Salem

Imagine Friday evening... You pull into the driveway of 57 Cutting Drive, instantly feeling the bustle of the week melt away. Nestled in the historic, enchanting village of Elora, this custom-built luxury 3200 sf bungalow isn't just a home-it's your Private Resort. The true magic happens when you step out back. Have you dreamed of having a low-maintenance POOL? Welcome to your personal backyard oasis. Enclosed by premium composite privacy fencing and framed by a backdrop of towering, mature pines, this yard offers rare, woodland tranquility. Spend hot summer afternoons floating in the 12' x 24' heated salt-water pool adjacent to upper sun deck and lower covered deck. Host unforgettable weekend BBQs spanning the covered deck and open sundeck, or lounge on the floating composite decking with a glass of wine. Step inside through large patio doors to the main level where upscale model-home aesthetic meets everyday warmth. Designed hand-in-hand with an interior designer, every finish speaks to sophistication. The heart of the daily routine centers around an airy, light-filled layout, leading to a serene primary retreat featuring a spa-inspired ensuite. With 1,600 sq ft on the main floor and a bright, professionally finished 1,485 sq ft lower level, there is boundless space for everyone. The lower level is a haven of its own, boasting a huge recreation room, gaming area, playroom, two additional bedrooms, and a sleek bath. Plus, with a separate entrance designed for a future walk-up, it's primed for multi-generational living or a premium in-law suite. Whether you're a couple seeking a peaceful retreat, a growing family wanting space to play, or the ultimate entertainer who loves hosting backyard pool parties, this property delivers an experiential lifestyle. Just minutes from the iconic Elora Gorge, boutique shops, and award-winning dining, you get unparalleled luxury and a true small-town community vibe. Cataract Trail is steps away. Your forever staycation starts here.

Sold data

Detached homes in Centre Wellington (Elora/Salem) — recent sold market

Detached homes in Centre Wellington (Elora/Salem) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 55, across 95 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 47 days.

The median sale price was $874,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$874,900
Sale-to-list ratio
97.1%
Sold above asking
12%

Based on 95 recorded sales in the last 90 days — 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 57 CUTTING DRIVE