1 PALETTE, Thunder Bay Remote Area (TB-76)

$1,599,900

For sale: Detached

Detached at 1 PALETTE, Thunder Bay Remote Area (TB-76)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
MLS®
MLS® X13245154
Neighbourhood
TB-76

A true piece of Paradise awaits on Lake Superior. Enjoy the privacy and luxury of owning your own private island - Palette Island. Palette island has 3.94acres to enjoy, accessible by boat, plane, or helicopter, and are just a short boat ride from Amethyst Harbour and 30 minutes from downtown Thunder Bay. Palette Island is fully serviced with hydro, Wi-Fi, a septic system, water, security, and TV, offering a truly self-sufficient and simple living experience. The main house features 2 bedrooms, 2 bathrooms, and an open-concept kitchen, dining, and living room. Large windows capture stunning views, including the iconic Sleeping Giant and peninsula. The home boasts a wrap-around deck, hot tub, and a new dock, having been nicely updated throughout the years with new appliances and fresh paint inside and out. Outside, you'll find beautiful walking trails and a 2-car detached garage, which offers ample storage and space for tools that are included. Above the garage is a separate 1-bedroom guest loft complete with its own kitchen, living room, and 3pc bath. The package includes most items, such as a newly purchased boat and ATV. While the property offers ultimate privacy, you also have the option of enjoying all the festivities and amenities that Amethyst Harbour has to offer, like a sports camp, tennis/pickleball courts, and biking and hiking trails. With Palette Island, you get the best of both worlds.

Sold data

Homes in Thunder Bay Remote Area (TB-76) — recent sold market

Homes in Thunder Bay Remote Area (TB-76) took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 70, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $325,000.

Homes sold for about 1.1% below asking on average, so there was room to negotiate.

About 39% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$325,000
Sale-to-list ratio
98.9%
Sold above asking
39%

Based on 67 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.

Currently for sale

Homes for sale near 1 PALETTE