7 FERN LANE, Essa

$489,000

For sale: Vacant Land

Vacant Land at 7 FERN LANE, Essa
Property type
Vacant Land
MLS®
MLS® N13006460
Neighbourhood
Rural Essa

This is a rare opportunity to own waterfront property along the renowned Nottawasaga River. Known locally as "The Notty," this river is highly regarded for its exceptional fishing, including steelhead, and has long been a destination for outdoor enthusiasts.This beautifully treed and private lot offers approx. 1.964 Acres. It offers a unique setting with a combination of gentle rapids and calm pools-ideal for enjoying nature at its finest. Whether you envision building your dream country home or securing a recreational retreat to relax, fish, swim, or picnic, this property presents endless potential. Situated within a quiet Cul-De-Sac of fine homes with private road access. The annual road maintenance fee of $500 is payable to the Neighbourhood Association for snow removal and upkeep. There is no home on this property yet so the present owner pays $250 a year. This property is currently benefiting from a reduced property tax rate of approximately $30/Year Under The Conservation Land Tax Incentive Program (CLTIP), subject to an Annual Application And Approval. Essa Township sends out an email each year to remind the owner to fill out the application. A minor variance was granted with regards to the setback requirements from the road in November 21, 2021 allowing for a two storey dwelling. It was adjusted from a 18 meter requirement to 10 meter requirment. This gem is conveniently located near Barrie, Angus, and CFB Borden. The Buyer to complete their own due diligence regarding zoning, permitted uses, development charges, and building Permit Requirements. Lot Depth Approx. 614 Ft To The Centreline Of The Nottawasaga River (As Per Available Information). Vacant Land Opportunities In Essa Township Are Rare. Enjoy Peace, Privacy, And The Natural Beauty This Property Has To Offer.

Sold data

Homes in Essa — recent sold market

Homes in Essa took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 58, across 69 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $739,900.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$739,900
Sale-to-list ratio
96.8%
Sold above asking
4%

Based on 69 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 7 FERN LANE