180 LOST FOREST LANE, Magnetawan

$425,000

For sale: Other

Other at 180 LOST FOREST LANE, Magnetawan
Property type
Other
Bedrooms / bathrooms
5 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X12897220
Neighbourhood
Magnetawan

*** Visit the REALTOR website for further information about this Listing *** Tucked away on a tranquil peninsula in Beaver (Neghik) Lake - Part of Magnetawan's Ahmic Lake System, you'll find Lost Forest Park. In the mid 1980's LFP was established, converting a campground to a Private Park with 50-Shareholders & 50-sites. The approximate 55-acre parcel of land was divided into sites large enough to accommodate park model trailers and over time, has become a seasonal Cottage-Style Community, with every shareholder having access to the water. LFP has many furnishings of a cottage experience without some of the burdens associated with a conventional cottage. Affordable maintenance fees approx. $1,500 annually (inclusive of property taxes & maintenance), LFP is comprised of Shareholders - collectively owning the Numbered Incorporated Company "LFP". Site 42 - a family held share for 40-years offers: Year-round access - in the winter, road access to the park is privately plowed; given the proximity of site 42 to the Park's entrance, affordable private driveway clearance is available. 4-Season, 5 bed [2 x Queen beds; 2 x bunks (double bottom, twin top); 1 x double] Park Model Trailer installed 2017 Seasonal (Drinking) Water Service - LFP is equipped with a water treatment system. (Drawn from the lake) This water is tested daily (seasonally) to ensure adherence with provincial standards of safety. Weather dependent - the water system opens in May and closes after Thanksgiving. Concrete Foundation: for Park Model Trailer & 2 Sheds - one equipped with a roll up door for easy access when you want to hit the trails / one equipped with a furnace to warm up when it's chilly or to hang and dry snowmobile gear. A Snowmobiler's Dream - with trail system access on the lake - there are endless journeys and magnificent scenery at your disposal. ATV Adventures etc.

Sold data

Homes in Magnetawan — recent sold market

Homes in Magnetawan took a median of 48 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 91, across 41 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 82 days.

The median sale price was $429,000.

Homes sold for about 4.7% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
48
Median sale price
$429,000
Sale-to-list ratio
95.3%
Sold above asking
12%

Based on 41 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Magnetawan

Magnetawan has 1 Fraser Institute–rated school (1 elementary).

Rated schools
1
Elementary
1

Top-rated schools in Magnetawan

  • Magnetawan Central PSelementaryFraser rating 4.2/10

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

Currently for sale

Homes for sale near 180 LOST FOREST LANE