$1,950,000
For sale: Detached

Sprawling family compound on the popular west arm of Lake Nipissing, first time ever offered for sale. Features a beautiful main year round residence with self contained in law suite on the lower level, a two bedroom secondary cottage that can be occupied year round as well, a huge three bay garage with a three bedroom upper loft suite, a barn with a finished upper loft, an amazing central gazebo set up to host large gatherings year round, two boathouses and an artist shack with sleeping quarters above. All in all this beautiful lakefront property can accommodate four or five families comfortably. The lot in this case is larger than most and is very private, with a sheltered cove protecting the boathouse. It is situated at the end of the road and has crown land on one side and at back.
Sold data
Detached homes in French River took a median of 52 days to sell over the last 730 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 113, across 34 recorded sales.
The median sale price was $572,450.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 34 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.
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