$1,575,000
For sale: Detached

First time offered for sale: this beautiful post & beam waterfront home on Lake Simcoe, minutes east of Orillia. Custom built in 1996, this home is architecturally and visually stunning with 22 ft. high vaulted ceilings. It's sited on the lot for breathtaking panoramic waterfront views facing south. Numerous shade trees, level topography and 98 ft. frontage on the lake. At the water's edge, the pebbled shoreline is safe for children, plus there are two natural shoals in the water in front of the property. This section of the lake features a quiet, shallow bay perfect for small boats and watercraft, paddle boarding, wind surfing. A neighbourhood boat ramp is just minutes away at the corner of Glenrest and Amilia Drive. The open concept design includes generous-sized rooms throughout with both the living room and sunken family room open to the second floor. The central hallway perfectly surrounds the open staircase to the second floor. The kitchen has oak cabinetry, stainless steel appliances and laundry facilities. At the back of the kitchen is a 2-pc. bathroom and there is a walk-through pantry also with access to the garage. The two walkouts on the main floor lead to a full width lakeside deck with a covered seating area and rear porch with BBQ station, as well as a pergola covered dining area and a second seating area. The main floor layout is completed by the primary bedroom with 3-pc. ensuite bathroom & walk-in closet. The second floor has an open concept mezzanine with sitting area and walkway accesses to two living areas - one with the main 5-pc. bathroom, 2nd bedroom and a games room, the second with the 3rd bedroom. Estate sale. House is being sold by non-occupying trustees without any representations or warranties. A great opportunity!
Sold data
Detached homes in Ramara took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.
The median sale price was $749,000.
Homes sold for about 4.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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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