$2,499,000
For sale: Detached

Imagine beginning every day with breathtaking, uninterrupted ravine sunrises right from your private balcony. At 16 Gianvito Cres, your dream lifestyle merges with luxurious comfort in this magnificent brand-new estate, built by Fernbrook with$300,000 in builder upgrades. Step inside to discover an impressive main floor with soaring 11- to 12-foot ceilings, a stunning9-box waffle ceiling in the family and living room, and an inviting fireplace. White Maple Hardwood floors span the main and second floors, while the kitchen and breakfast area shine with upgraded porcelain tile. The gourmet kitchen delights with an extra-large island, high-end Wolf appliances, a pot filler, and inspiring views of the lush ravine, keeping your spaces filled with sunlight from morning till evening. Entertain with ease thanks to the formal dining room with direct kitchen access. The spacious primary bedroom features two walk-in closets, a balcony overlooking the ravine, and a spectacular ensuite bathroom. Additional highlights include a separate side entrance with potential for a basement suite and a 60-amp rough-in for a car charging station. Please see the attached file for a complete list of upgrades.
Sold data
Detached homes in King (King City) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 58, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 126 days.
The median sale price was $2,306,500.
Homes sold for about 5.5% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
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.
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