477 HWY 586, Thunder Bay
$949,000
For sale: Detached
- Property type
- Rural Residential
- Bedrooms / bathrooms
- 4 bedrooms, 3 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X13841962
Visit the REALTOR website for further information about this Listing. Stunning Waterfront Retreat on Lake Shebandowan. Experience the ultimate in lakeside living with this breathtaking year-round home on the serene shores of Lake Shebandowan. Designed for comfort, style, and relaxation, this property seamlessly blends rustic charm with modern conveniences. Featuring real log siding, soaring vaulted ceilings finished with knotty pine, and a cozy propane fireplace in the great hall, this home exudes warmth and character. Enjoy unparalleled outdoor living with a wrap-around main floor deck that offers stunning lake views, a lower-level stone patio perfect for entertaining, and a private 40-foot dock where you can soak in the tranquility of the water. The main floor boasts two spacious bedrooms, including a luxurious primary suite with an ensuite bathroom and a generous walk-in closet. The modern kitchen is a chef's dream, complete with custom cabinetry, new stainless-steel appliances, and high-end finishes that make every meal a delight. The fully finished lower level provides additional living space with a walkout to the stone patio, a large family room, and additional bedrooms. Indulge in ultimate relaxation with an indoor cedar sauna featuring pine benches, adjacent to a shower room finished with sleek porcelain tile. The home is designed for year-round comfort, offering radiant in-floor heating, a forced air furnace, and an air-tight wood fireplace to keep you warm during the colder months. High-quality finishes such as Brazilian teak hardwood flooring, solid pine interior doors, and ceramic tile accents throughout add to the home's appeal. A 22kW automatic backup generator ensures uninterrupted power, providing peace of mind no matter the season. This waterfront paradise is more than just a home - it's a retreat where you can enjoy peaceful mornings by the lake, cozy evenings by the fire, and a lifestyle that embraces nature.
Sold data
Detached homes in Thunder Bay — recent sold market
Detached homes in Thunder Bay took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 24, across 309 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 18 days.
The median sale price was $384,900.
Homes sold for about 3.7% above asking on average.
About 64% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
- Median days to sell
- 16
- Median sale price
- $384,900
- Sale-to-list ratio
- 103.7%
- Sold above asking
- 64%
Based on 309 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Thunder Bay
Thunder Bay has 35 Fraser Institute–rated schools (29 elementary and 6 secondary), averaging 6.3/10.
- Rated schools
- 35
- Elementary
- 29
- Secondary
- 6
- Average rating
- 6.3 / 10
Top-rated schools in Thunder Bay
- Vance Chapman — elementaryFraser rating 9.1/10
- St Francis — elementaryFraser rating 8.9/10
- Nor'wester View — elementaryFraser rating 8.7/10
- St Paul — elementaryFraser rating 8.5/10
- Five Mile — elementaryFraser rating 8.4/10
- Ecole Elsie MacGill — elementaryFraser rating 8.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 477 HWY 586
$1,999,000
Detached433,500–5,000 sqft107 KAM CURRENT ROAD S, Gorham, Thunder Bay Remote Area
$899,999
Detached4+131,500–2,000 sqft721 TOPAZ PLACE, Dawson Heights, Thunder Bay
$669,900
Detached4+132,000–2,500 sqft434 HEBERT STREET, College Heights, Thunder Bay
$629,500
Detached432,000–2,500 sqft160 WHALEN STREET, Grandview, Thunder Bay
$1,070,000
Detached4+142,000–2,500 sqft1 LEITERMAN STREET, Kakabeka Falls, Oliver Paipoonge
$549,900
Detached4+131,100–1,500 sqft282 ALGOMA STREET N, Shuniah, Thunder Bay
$799,000
Detached5+153,000–3,500 sqft312 WADE CRESCENT, River Terrace, Thunder Bay
$1,099,999
Detached321,500–2,000 sqft2076 15TH SIDE ROAD, Rural New Tecumseth, New Tecumseth