24 PROSPECT POINT Rd N
335 - Ridgeway, Fort Erie, L0S 1N0
FOR SALE
$950,000
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Property Description
Embrace luxury in this beautifully crafted, 3 yr old Perrella custom home. This bungalow combines comfort and functionality in every detail. Nestled in the desirable Oaks At Six Mile Creek development, just minutes from the shores of Lake Erie, Friendship Trail and downtown Ridgeway, this 1,650+ sqft home boasts high-end finishes and thoughtful design. Entry to the home showcases an open-concept layout filled with natural light from the skylights and large windows. The inviting living room features a large gas fireplace with a shiplap surround. A rustic wooden beam mantle completes a warm and welcoming atmosphere. Attractive hardwood, tile floors and sliding barn doors lend elegance and rustic charm. Leading from the living room is a contemporary oak/steel spindle staircase leading to an unfinished basement offering endless possibilities for customization and additional living space. The functional and stylish chef's kitchen boasts sleek stainless steel appliances including a Bosch built in double oven microwave, convection oven, Jenn Air induction cooktop, 7x4ft center island with seating, perfect for casual dining and entertaining. Granite countertops and accented backsplash complete the look. The two bedrooms offer ensuite access. The primary bedroom has a spacious walk in closet and a luxurious glass/tile shower with stylish features and double sinks. The second bedroom provides ensuite access to an additional 4pc bathroom offering convenience and privacy for guests. This beautifully landscaped property features concrete paths, 2 car attached garage, 4 car concrete driveway, covered upper patio/back deck and spacious lower concrete patio with gazebo. All this including a distinguished exterior profile of stone frontage, brick and hardie board. Other specs include under deck storage and sump pump battery backup. The furnace is wired for the use of a portable generator. This property truly exemplifies the perfect blend of style, functionality and location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-02-14 | 2021-03-17 | 30 | $739,900 | $739,900 | Sold |
| 2023-08-18 | 2023-09-30 | 43 | $999,999 | - | Terminated |
| 2024-06-18 | 2024-10-18 | 122 | $950,000 | - | Expired |
| 2024-06-18 | 2024-10-18 | 122 | $950,000 | - | Expired |
| 2024-06-18 | 2024-10-18 | 122 | $950,000 | - | Expired |
| 2024-06-20 | 2024-10-18 | 122 | $950,000 | - | Expired |
| 2023-08-24 | 2023-10-30 | 73 | $999,999 | - | Expired |
| 2023-08-04 | 2023-08-15 | 11 | $1,019,900 | - | Terminated |
| 2023-06-23 | 2023-08-04 | 42 | $1,049,900 | - | Terminated |
| 2023-06-02 | 2023-06-22 | 20 | $1,069,999 | - | Terminated |
| 2023-04-18 | 2023-06-01 | 44 | $1,095,000 | - | Terminated |
Property Features
Lake/Pond
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 114'
Acreage
< .50
Fronting
East
Taxes
$7,946 (2024)
Basement
Full, Unfinished
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 15.85' x 9.91' | Hardwood Floor |
| Living | Main | 20.24' x 16.34' | Fireplace, Skylight, Hardwood Floor |
| Dining | Main | 12.93' x 9.58' | Sliding Doors, W/O To Deck, Hardwood Floor |
| Kitchen | Main | 12.34' x 9.58' | Hardwood Floor |
| Prim Bdrm | Main | 17.42' x 14.17' | Ensuite Bath, W/I Closet |
| Bathroom | Main | 12.01' x 4.92' | 4 Pc Ensuite, Double Sink |
| Br | Main | 13.32' x 12.24' | Semi Ensuite |
| Bathroom | Main | 5.51' x 12.24' | 4 Pc Ensuite, Semi Ensuite |
| Mudroom | Main | 7.15' x 15.32' | Combined W/Laundry, Access To Garage, Tile Floor |
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Fort Erie Market Statistics
Fort Erie Price Trend
24 PROSPECT POINT Rd N is a 2-bedroom 2-bathroom home listed for sale at $950,000, which is $411,389 (76.4%) higher than the average sold price of $538,611 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Fort Erie declined by $97,889 (15.4%) compared to the previous 30 day period (December 22 - January 20) and up $96,111 (21.7%) from the same time one year ago.Inventory Change
There were 36 2-bedroom homes listed in Fort Erie over the last 30 days (January 21 - February 19), which is up 111.8% compared with the previous 30 day period (December 22 - January 20) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Fort Erie typically sold ($19,133) (3.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,384 decrease compared to the previous 30 day period (December 22 - January 20) and ($32,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Fort Erie over the last 30 days (January 21 - February 19) stood at 25.0%, down from 58.8% over the previous 30 days (December 22 - January 20) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Fort Erie stood at 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd., Brokerage
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