201 Little Cove Rd

FOR SALE
$5,500,000
201 Little Cove Rd, Northern Bruce Peninsula
201 Little Cove Rd
201 Little Cove Rd
201 Little Cove Rd
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3 + 4
BEDROOMS
8
BATHROOMS
1
KITCHENS
13 + 9
ROOMS
X8165084
MLSID
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Property Description
Sophisticated luxury is best used to describe this Affluent Estate situated on 98 acres with just over 700 ft of Georgian Bay shoreline. Newly renovated with restored features. This spacious and private estate is located just south of Tobermory, with access to the Bruce Trail from the property. A true nature lovers paradise. This prop features heated natural stone & hardwood floors throughout along with two beautiful wood burning fireplaces. Walkin wine cellar, enjoy meals prepared in a spacious kitchen complete with commercial grade Garland appliances & dine between a wood burning fireplace and natural stone waterfall. After dinner take a plunge in large inground pool with infinity waterfall or steam in the spacious indoor sauna. Outside you will be awe struck by the many fabulous perennial gardens, natural ponds, large veg garden and lavender labyrinth. Take a stroll through the pathways to the multi tiered waterfront decks overlooking the Caribbean coloured waters of Georgian Bay.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-10 2023-07-31 143 $7,400,000 - Expired
2022-06-17 2022-10-17 168 $9,700,000 - Expired
2017-10-25 2019-10-20 730 $4,250,000 - Expired
Extras
The garage/shop adds an additional 1000 sq footage of useable space to park your toys or enjoy your hobbies. Partially commercial zoned and currently operating as an elite boutique inn known as "Sweetwater Bay".
Property Features
Beach, Marina, Park, Rec Centre, Waterfront
Property Details
Property Type
Rural Resid, 3-Storey
Acreage
50-99.99
Fronting
North
Taxes
$20,278 (2023)
Basement
None
Exterior
Stone, Wood
Heat Type
Water
Heat Source
Propane
Air Conditioning
Other
Water
Well
Pool
Indoor
Elevator
Yes
Parking Spaces
29
Driveway
Circular
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
DiningMain13.48' x 11.75'
LaundryMain10.83' x 7.35'
BathroomMain7.25' x 6.76'2 Pc Bath
BathroomMain4.43' x 6.76'2 Pc Bath
KitchenMain13.68' x 15.42'W/O To Deck
OtherMain12.60' x 4.76'
UtilityMain20.01' x 9.51'
BrMain14.07' x 23.65'W/O To Deck
BathroomMain8.33' x 9.25'3 Pc Bath
BrMain15.91' x 23.65'W/O To Deck
BathroomMain6.99' x 7.51'3 Pc Bath
OtherMain4.00' x 10.01'Sauna
Northern Bruce Peninsula Market Statistics
Northern Bruce Peninsula Price Trend
201 Little Cove Rd is a 3-bedroom 8-bathroom home listed for sale at $5,500,000, which is $4,670,000 (562.7%) higher than the average sold price of $830,000 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 3 bedroom home in Northern Bruce Peninsula declined by $32,500 (3.8%) compared to the previous 30 day period (March 2 - March 31) and down $870,000 (51.2%) from the same time one year ago.
Inventory Change
There were 5 3-bedroom homes listed in Northern Bruce Peninsula over the last 30 days (April 1 - April 30), which is down 16.7% compared with the previous 30 day period (March 2 - March 31) and up 150.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Northern Bruce Peninsula typically sold ($69,000) (8.3%) below asking price over the last 30 days (April 1 - April 30), which represents a $31,600 decrease compared to the previous 30 day period (March 2 - March 31) and ($100,000) 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 3-bedroom homes in Northern Bruce Peninsula over the last 30 days (April 1 - April 30) stood at 20.0%, down from 33.3% over the previous 30 days (March 2 - March 31) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 8-bathroom home in Northern Bruce Peninsula stood at 30 days when successfully sold over the last 30 days (April 1 - April 30), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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