376 FARADALE COURT, Faraday

$699,000

For sale: Detached

Detached at 376 FARADALE COURT, Faraday
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13529626
Neighbourhood
Faraday

Waterfront SIX REASONS TO BUY: 1. RARE DEEP-WATER SHORELINE: 675 feet of private, cliff-top waterfront with exceptionally clear, weed-free water up to 115 ft (35 m) deep. Swim and fish right off your own dock. 2. A COMPLETE TURNKEY COMPOUND: 3.5 acres of owned land plus 158 acres of co-owned forest, sold as 3 properties together (3 PINs). 9 metal-roofed buildings including a main house and 4 guest cabins, 8 bedrooms, 2 bathrooms, sleeping up to 22, plus two large decks and a private boat dock. 3. FULLY OFF-GRID AND SELF-SUFFICIENT: 2024-installed 50 kW solar power system supplies the property's electricity - no hydro bills. Strong cell signal, internet, hot water and standard plumbing. Newly built 100 m road brings vehicles from hilltop to water's edge; two levelled clearings plus a rock plateau park 30+ vehicles. 4. THREE-SEASON PLAYGROUND: Swimming, boating, fishing, hunting, ATV trails, bonfires and stargazing spring through fall; snowmobile trail access adds winter recreation appeal (buildings are three-season). 5. SECLUDED YET CONVENIENT: Total privacy among forest, cliffs and clear water, yet only 15 minutes to Bancroft's hospital, schools, shopping and restaurants. 6. ENDLESS POSSIBILITIES: Multi-generational family compound, corporate or wellness retreat, youth camp, film location, or group accommodation business in one of Ontario's fastest-growing cottage regions. Short-term rental potential - buyer to verify zoning, licensing and permitted uses. Both properties sold together. All measurements and acreage to be verified by buyer.

Sold data

Detached homes in Faraday — recent sold market

Detached homes in Faraday took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 74, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $479,500.

Homes sold for about 5.1% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$479,500
Sale-to-list ratio
94.9%
Sold above asking
8%

Based on 38 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.

Currently for sale

Homes for sale near 376 FARADALE COURT