$1,599,000
For sale: Detached

COVETED PORTAGE BAY WATERFRONT ESTATE WITH 104 FT OF SANDY SHORELINE & 6,700+ SQ FT! Set along over 104 ft of northwest-facing shoreline in coveted Portage Bay, this Lake Couchiching residence pairs expansive open-water views with a sandy beach, boathouse, newer docks (2021) and a spectacular multi-tiered lakeside balcony with glass railings overlooking the water. Over 6,700 finished square feet is thoughtfully arranged around the waterfront setting, with multiple walkouts and lake views featured throughout the home. Hardwood flooring, soaring ceilings, crown moulding, detailed wood trim, wood doors and pot lights add architectural character. The grand living room draws the eye to the lake through floor-to-ceiling windows and a double garden door walkout to the elevated balcony, while the breakfast area opens to the same glass-railed outdoor retreat. Extensive wood cabinetry, a large centre island, pantry storage, tile backsplash and double sink anchor the kitchen, while the connected family room with a wood-burning fireplace offers a natural gathering place after a day on the water. A formal dining room and wet bar with a bar fridge provide an ideal setting for entertaining. The main level features three bedrooms plus an office, including a spacious primary bedroom with a walk-in closet and a 6-piece ensuite with dual vanities, a private water closet with sink, a soaker tub and separate shower, while two additional bedrooms share an ensuite. The finished walkout lower level offers in-law potential with a kitchen, rec room with fireplace, games room, two bedrooms, full bathroom, storage and direct outdoor access. Updated windows (2021), an updated propane furnace, manicured grounds, interlock walkways and driveway, and an attached double-car garage complete this exceptional #HomeToStay. Located just minutes from Casino Rama, marinas, parks, beaches and local amenities, with Orillia only 15 minutes away.
Sold data
Homes in Rural Ramara took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 114 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.
The median sale price was $699,900.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 114 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Ramara has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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