$2,950,000
For sale: Detached

Some homes impress with their interiors. Others with their setting. Rarely do you find one that delivers both quite like this. Tucked into a quiet court and set against a spectacular mature ravine in the heart of River Oaks, this exclusive Merrick Seven Oaks Collection "Grosvenor" model offers over 6,000 sq ft of finished living space and a remarkable combination of privacy, scale and timeless sophistication. Generous principal rooms unfold across a light-filled main level, from elegant living and dining rooms to a 25-ft kitchen with custom cabinetry and premium built-inappliances and a separate family room with fireplace. At the rear, a nearly 22-ft sun room with skylights and fireplace draws your eye to the greenery beyond. Upstairs, the impressive primary retreat spans almost 30 ft and is joined by three generous bedrooms and a substantial private office with its own fireplace. The lower level is made for entertaining, with a large recreation room and wet bar, gym, full bath, wine cellar, separate tasting room and walk-up to the backyard. But step outside and the character of this property changes completely. More private resort than backyard, a series of outdoor living spaces unfolds against the ravine. A sparkling pool and hot tub anchor the setting, surrounded by extensive hardscaping and an elevated deck for dining and BBQs. A covered pergola creates an intimate outdoor lounge, while a separate terrace tucked among the trees offers another quiet escape. Mature landscaping wraps around it all, creating remarkable privacy and a backdrop that changes with the seasons. All this in one of Oakville's most established family neighbourhoods, surrounded by parks and trails and close to highly regarded public and private schools. A home where exceptional space, remarkable privacy and the natural beauty of its ravine setting come together in one of River Oaks' most desirable locations.
Sold data
Detached homes in Oakville (RO River Oaks) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $1,699,000.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville (RO River Oaks) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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