1056 Lippert Lane
Bancroft, K0L 1C0
FOR SALE
$1,399,000
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BEDROOMS3
BATHROOMS1
KITCHENS10
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Property Description
Escape the city rush and discover the quintessential perfect lifestyle in Bancroft. Nestled in one of the the most sought-after cottage area in Ontario, this waterfront home is a private oasis crafted with exquisite finishes, offering an idyllic retreat. Featuring 3 bedrooms, 3 baths, and a 2-car garage, this custom-built haven boasts hardwood floors, a backup generator, and a sprawling front + side deck to savour the beautiful waterfront views. The well designed yard ensures great outdoor fun, while its proximity to Bancroft village provides easy access to amenities. Designed for easy maintenance, relish more moments on the water surrounded by nature's beauty. Envision cozy evenings in the grand living room adorned with a towering floor-to-ceiling stone gas fireplace or relish scenic meals in the eat-in kitchen overlooking the lake.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-17 | 2024-02-29 | 104 | $1,498,000 | - | Expired |
| 2022-05-26 | 2022-08-08 | 74 | $1,275,000 | $1,220,000 | Sold |
Extras
This meticulously designed home invites you to move right in and relish the unparalleled joys of lakeside living. Don't miss your chance to experience the tranquility and beauty of life by the lake.
Property Features
Lake/Pond, Waterfront
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Property Details
Street
City
Property Type
Detached, Bungalow
Acreage
.50-1.99
Fronting
West
Taxes
$5,694 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.17' x 20.77' | Hardwood Floor, Cathedral Ceiling, Gas Fireplace |
| Kitchen | Main | 12.27' x 14.37' | Cathedral Ceiling, Eat-In Kitchen |
| Laundry | Main | 5.09' x 7.38' | |
| Prim Bdrm | Main | 14.07' x 15.78' | W/O To Deck, 4 Pc Bath |
| Br | Main | 11.32' x 11.09' | |
| Br | Main | 12.07' x 10.66' | |
| Dining | Main | 8.99' x 14.34' |
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Bancroft Market Statistics
Bancroft Price Trend
1056 Lippert Lane is a 3-bedroom 3-bathroom home listed for sale at $1,399,000, which is $1,024,000 (273.1%) higher than the average sold price of $375,000 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Bancroft declined by $224,000 (37.4%) compared to the previous 30 day period (February 28 - March 28) and down $165,000 (30.6%) from the same time one year ago.Inventory Change
There were 4 3-bedroom homes listed in Bancroft over the last 30 days (March 29 - April 27), which is down 33.3% compared with the previous 30 day period (February 28 - March 28) and up 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Bancroft typically sold ($23,000) (6.1%) below asking price over the last 30 days (March 29 - April 27), which represents a $22,100 decrease compared to the previous 30 day period (February 28 - March 28) and ($34,900) 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 3-bedroom homes in Bancroft over the last 30 days (March 29 - April 27) stood at 50.0%, up from 16.7% over the previous 30 days (February 28 - March 28) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Bancroft stood at 108 days when successfully sold over the last 30 days (March 29 - April 27), compared to 124 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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