1092 1096 Ridge Lane
North Frontenac, K0H 1C0
FOR SALE
$699,000
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BEDROOMS1
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KITCHENS9
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Property Description
A rare opportunity on Malcolm Lake is available with 370 feet of pristine waterfront and breathtaking sunset views. The 939 sqft, 4-season cottage, includes 3-bedrooms, main floor laundry, 1 bathroom, kitchen, loft and spacious living room with wood stove, and dining area with walk-out to the lakeside decks. The ambiance is the true cottage experience, to entertain family & friends, spacious outdoor areas complete with a heated 192 sqft sleeping bunkie, a 20x24 garage with hydro, and an abundance of outbuildings to store all your toys. The waterfront landscape is the stuff of dreams - the terraced decks and docks draw you to the water to explore the lake, swim, fish and just enjoy lakeside living, topped off with fire pit setting to enjoy breathtaking sunset views and cozy campfire gatherings. The fact that the 2 separately deeded lots offer future development potential is the icing on the cake. This lakefront paradise is a rare find!
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Extras
2 Lots being sold together, 1 has garage on it, the other the cottage.
Property Features
Beach, Lake/Pond, Place Of Worship, Rec Centre, Terraced, Waterfront
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
370' x 256'
Acreage
.50-1.99
Lot Irregularities
PIN # 361880182 PIN #361880183
Fronting
West
Taxes
$2,888 (2024)
Basement
Part Bsmt
Exterior
Metal/Side, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Other
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.99' x 13.06' | Wood Stove, Vaulted Ceiling, Hardwood Floor |
Kitchen | Main | 12.99' x 8.79' | Combined W/Dining, Vaulted Ceiling, Hardwood Floor |
Dining | Main | 12.99' x 6.00' | W/O To Sundeck, Vaulted Ceiling, Hardwood Floor |
Laundry | Main | 10.01' x 5.09' | |
Bathroom | Main | 10.01' x 4.00' | 3 Pc Bath |
Prim Bdrm | Main | 10.01' x 15.58' | |
Br | 2nd | 9.09' x 12.57' | |
Br | 2nd | 9.09' x 15.98' |
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North Frontenac Market Statistics
North Frontenac Price Trend
1092 1096 Ridge Lane is a 3-bedroom 1-bathroom home listed for sale at $699,000, which is $139,000 (24.8%) higher than the average sold price of $560,000 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in North Frontenac declined by $9,965 (1.7%) compared to the previous 30 day period (October 22 - November 20) and down $30,000 (5.1%) from the same time one year ago.Inventory Change
There were 2 3-bedroom homes listed in North Frontenac over the last 30 days (November 21 - December 20), which is down 60.0% compared with the previous 30 day period (October 22 - November 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North Frontenac typically sold ($24,000) (4.3%) below asking price over the last 30 days (November 21 - December 20), which represents a $2,790 increase compared to the previous 30 day period (October 22 - November 20) and ($35,666) 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 3-bedroom homes in North Frontenac over the last 30 days (November 21 - December 20) stood at 1,950.0%, up from 800.0% over the previous 30 days (October 22 - November 20) and up from 300.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in North Frontenac stood at 48 days when successfully sold over the last 30 days (November 21 - December 20), compared to 104 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
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