54 Promenade Way
Fort Erie, L0S 1B0
FOR SALE
$1,799,900
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5 + 1
BEDROOMS4
BATHROOMS2
KITCHENS13
ROOMSX8325560
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Property Description
Rare BEACHFRONT! 1 of only 6 magnificent homes with the exclusive privilege of o/l the private white sand beach of Lake Erie in the sought-after Crystal Beach Tennis & Yacht Club. A massive updated & move-in ready 6 bed/4 bath multi-story home has been painted throughout & is perched on a hillside lot w/towering trees. An entertainer's dream w/a bonus room featuring a ceiling open to above, a kitchenette, & a games table & bench seating perfect for family game night. Open concept 2nd level w/a living room w/ access to the backyard, chef-size kitchen w/granite, a gas stove, & a family-size dining room, & a huge sunroom. 3rd level features a primary suite w/o to a lakeside covered porch, an updated primary 5-pce ensuite, 2 additional bedrooms, & a 4-pce bathroom. 4th level has a loft w/roof access & a bedroom that walks out to a sun deck w/ panoramic views of the bay. The lower level offers the 6th bdrm, rec room, laundry room, storage rooms & an updated 4-pce bath. *Virtually staged
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Extras
Your chance of a lifetime to live at the beach. $423 Monthly fees cover the use of common elements: private beach, park, tennis & pickle ball courts, clubhouse, gym, sauna, outdoor pool.
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Property Details
Street
City
Property Type
Detached, Other
Approximate Sq.Ft.
2500-3000
Lot Size
50' x 95'
Acreage
< .50
Fronting
North
Taxes
$9,469 (2023)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 10.01' x 10.73' | Overlook Water, Breakfast Bar, Tile Floor |
| Great Rm | Ground | 19.72' x 18.41' | Overlook Water, Open Concept, Sw View |
| 5th Br | Ground | 11.52' x 8.92' | Broadloom, Closet |
| Kitchen | 2nd | 17.09' x 10.01' | Overlook Water, Granite Counter, Breakfast Bar |
| Dining | 2nd | 11.75' x 10.01' | Overlook Water, W/O To Sunroom, Hardwood Floor |
| Living | 2nd | 29.00' x 18.57' | Hardwood Floor, W/O To Patio, Open Concept |
| Prim Bdrm | 3rd | 18.44' x 15.35' | W/O To Porch, Overlook Water, Double Closet |
| 2nd Br | 3rd | 10.17' x 10.24' | W/O To Porch, Overlook Water, Broadloom |
| 3rd Br | 3rd | 10.20' x 12.66' | Broadloom, Closet |
| 4th Br | Upper | 12.40' x 14.99' | W/O To Deck, Overlook Water, Broadloom |
| Loft | Upper | 16.17' x 15.12' | Open Stairs, Broadloom |
| Rec | Bsmt | 27.49' x 16.67' | Laminate, Renovated, Pot Lights |
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Fort Erie Market Statistics
Fort Erie Price Trend
54 Promenade Way is a 5-bedroom 4-bathroom home listed for sale at $1,799,900, which is $859,900 (91.5%) higher than the average sold price of $940,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 5 bedroom home in Fort Erie declined by $0 (0.0%) compared to the previous 30 day period (July 20 - August 18) and down $1,060,000 (53.0%) from the same time one year ago.Inventory Change
There were 4 5-bedroom homes listed in Fort Erie over the last 30 days (August 19 - September 17), which is up 300.0% compared with the previous 30 day period (July 20 - August 18) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Fort Erie typically sold ($49,900) (5.3%) below asking price over the last 30 days (August 19 - September 17), which represents a $0 decrease compared to the previous 30 day period (July 20 - August 18) and ($299,900) 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 5-bedroom homes in Fort Erie over the last 30 days (August 19 - September 17) stood at 1,075.0%, down from 4,400.0% over the previous 30 days (July 20 - August 18) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Fort Erie stood at 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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Nestled at the end of a private road, this breathtaking 5-bedroom, 3 full bathroom, and 2 half bathroom home is a sanctuary of luxury and comfort. Boasting 3,240 square feet of beautifully finished living space, including a fully finished basement, this residence is designed to meet all your needs and desires. Step into the grand foyer, where soaring ceilings welcome you into a space that feels both expansive and intimate. The open floor plan seamlessly connects the living areas, making it perfect for both everyday living and entertaining. Imagine preparing meals in your gourmet kitchen, complete with a large island that seats 8, elegant quartz countertops, and top-of-the-line appliances. This kitchen is a chef's dream, ideal for creating culinary masterpieces and hosting memorable gatherings. Retreat to the second floor, where you'll find four spacious bedrooms, including a stunning primary suite. This private haven features two large walk-in closets and a luxurious 5-piece ensuite, offering a perfect blend of comfort and style. With laundry facilities conveniently located on both the second floor and the basement, household chores are a breeze. The fully finished basement provides a versatile space that can be tailored to your lifestyle, whether you need a family room, home office, or fitness area. Every detail of this home is designed with your convenience in mind. Outside, the large wrap-around deck invites you to unwind and enjoy the beauty of nature. The meticulously landscaped yard offers a serene setting for relaxation and outdoor activities. Located in a tranquil and private setting, yet close to all essential amenities, 1563 Kingston Road offers the perfect balance of seclusion and accessibility. Whether you're hosting a lively gathering or enjoying a quiet evening at home, this property is your personal oasis.
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