1319 South Ril Lake Rd, Lake of Bays

$1,599,000

For sale: Detached

Detached at 1319 South Ril Lake Rd, Lake of Bays
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14097454
Neighbourhood
Ridout

This stunning 4 +1 bedroom, 2 storey, fully winterized 4 season home on Ril Lake offers a remarkable connection to the water and a balance of seclusion and refined convenience. The main floor great room showcases soaring wall to ceiling windows giving a view of the lake and beach area. The room's gorgeous gas fireplace can be used for ambience or for warmth on cool evenings. A fully functional modern kitchen with stainless steel appliances and granite countertops is combined with the dining room, giving plenty of room for large family gatherings. The Muskoka/Sunroom overlooking the waterfront, has high vaulted ceilings and wall to wall windows providing a feeling of being in the clouds and extends the season as well, while providing a natural space for enjoyment. The main floor also has a large bedroom and a full bath for those who prefer not to do stairs. The second floor boasts a large primary bedroom with a full ensuite bath, and two more bedrooms and a powder room. The basement games room has a professional size pool table and an electric fireplace in the sitting room/TV area with a walk out to the generous patio and hot tub. The basement also features the 5th bedroom, a 3 piece bath, a 6x8" sauna, laundry room and the furnace/utility room. The waterfront boasts a beautiful sandy shore, no weeds, and a gentle wade-in entry that deepens quickly at the end of the new installed 8x20 foot dock, large enough to anchor your 20' boat. The gazebo completes the picturesque shorefront with a sandy beach area. The house has a full house standby Generac Generator for the occasional power outages suffered Muskoka-wide. The driveway can accommodate 2-3 cars and the road is municipally maintained right up to the driveway. So no winter trouble accessing the road all year round. This property has lots of space to roam and grow and has many modern updates including USB plugs, a new metal roof, tankless hot water tank and propane furnace.

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 1319 South Ril Lake Rd