254 PROSPECT POINT ROAD, Fort Erie (Ridgeway)

$1,699,900

For sale: Detached

Detached at 254 PROSPECT POINT ROAD, Fort Erie (Ridgeway)
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13704060
Neighbourhood
335 - Ridgeway

Welcome to 254 Prospect Point Road- A Rare Lakefront Opportunity in the Heart of Ridgeway-Crystal Beach, where lakefront living meets exceptional opportunity.Situated on the shores of Lake Erie in the Niagara region's South Coast, bordering between the quaint town of Ridgeway and the white sands of Crystal Beach. this remarkable estate-sized lot boasts 155 feet of frontage and 400 feet of depth, making this one of the largest fully serviced in-Town lots along Lake Erie's North ShoreWith its executive presence and impressive curb appeal, the property immediately captures attention from the moment you arrive. A well positioned main floor entrance, double car garage and Lakefront walkout, this home boosts approximately 2850 square feet of expansive living space. The home provides a wonderful canvas for those looking to renovate, modernize, or expand into a spectacular lakefront residence.The expansive property is truly the star of the show. With 155 feet of frontage within the urban boundary, the lot presents exciting potential for those wishing to explore development possibilities. Subject to municipal approvals, buyers may wish to investigate the potential to create two - and possibly three - lakefront lots, making this an extraordinary opportunity for investors or builders seeking premium serviced waterfront land.Whether you are searching for a magnificent lakefront estate property, a renovation project with tremendous upside, or a unique development opportunity along the shores of Lake Erie, 254 Prospect offers a truly rare combination of location, size, and potential. A strong, well-built breakwall is an incredibly important feature for any waterfront property. This one provides excellent protection from waves, erosion, and changing lake conditions while helping preserve and protect the shoreline for years to come property of this scale and waterfront presence seldom becomes available, making this opportunity at 254 Prospect Point South truly unique.

Sold data

Homes in Ridgeway — recent sold market

Homes in Ridgeway took a median of 54 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 74, across 44 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 $637,400.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 41% of sellers reduced their price before finding a buyer.

Median days to sell
55
Median sale price
$637,400
Sale-to-list ratio
97.4%
Sold above asking
2%

Based on 44 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.

Schools

Schools in Fort Erie (Ridgeway)

Fort Erie (Ridgeway) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.

Rated schools
5
Elementary
4
Secondary
1
Average rating
6.5 / 10

Top-rated schools in Fort Erie (Ridgeway)

  • Garrison Road — elementary, Fort ErieFraser rating 7.8/10
  • St Philomena — elementary, Fort ErieFraser rating 7.3/10
  • General Vanier — elementary, Fort ErieFraser rating 6.8/10
  • Greater Fort Erie — secondary, Fort ErieFraser rating 5.5/10
  • Our Lady of Victory — elementary, Fort ErieFraser rating 5.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 254 PROSPECT POINT ROAD