1269 RIL LAKE ROAD S, Lake of Bays (Ridout)

$1,500,000

For sale: Detached

Detached at 1269 RIL LAKE ROAD S, Lake of Bays (Ridout)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X14108340
Neighbourhood
Ridout

YOUR PRIVATE MUSKOKA WATERFRONT RETREAT AWAITS! Welcome to an exceptional opportunity on the peaceful shores of Ril Lake in Lake of Bays. Set on approximately 6 acres of private, treed property with an impressive 400 feet of waterfront, this new bungalow offers breathtaking lake views, a tranquil natural setting, and the opportunity to create your dream Muskoka escape. Offering approximately 2,142 sq. ft. of main-floor living space, this open-concept home features 3 bedrooms, 2 bathrooms, and expansive windows that fill the living space with natural light while showcasing the surrounding landscape. The kitchen, bathrooms, and flooring are already in place, while the insulated concrete form (ICF) construction provides a solid foundation for this impressive waterfront property. The full walkout basement offers exciting potential for additional living space, with rough-ins already in place. Essential services include a drilled well, septic system, propane forced-air heating, 200-amp electrical service, and on-demand hot water. Outside, enjoy a spacious circular driveway, a large open area surrounded by mature trees, and direct access to the beauty of Ril Lake. Multiple large decks done to enjoy all the outdoors has to offer. .Enjoy the best of Muskoka living with year-round municipal road access and a short drive to the charming village of Baysville. Whether you're looking for a waterfront family retreat, a four-season getaway, or a private lakeside residence, this property offers a rare combination of acreage, shoreline, property and privacy. *Some photos are virtually staged.

Sold data

Homes in Ridout — recent sold market

Homes in Ridout took a median of 40 days to sell over the last 730 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 74, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 79 days.

The median sale price was $884,000.

Homes sold for about 7.3% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$884,000
Sale-to-list ratio
92.7%
Sold above asking
6%

Based on 32 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.

Currently for sale

Homes for sale near 1269 RIL LAKE ROAD S