1326 RIDGE Lane

FOR SALE
$699,000
1326 RIDGE Lane, South Frontenac
1326 RIDGE Lane
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
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Property Description
A MILLION $$$ VIEW! This rustic 2 bedroom cottage sits on a beautiful treed lot on a point overlooking beautiful Cranberry Lake (a world heritage site) It's like stepping back in time and slowing down the pace in the world we know. Relax in the large screened porch overlooking the water. The open concept kitchen/living room offers plenty of space for family and friends to gather. For those cool nights or extended season visits there is a beautiful fireplace to gather around. You will never get tired of the view, its spectacular!! The property also includes a boathouse, storage shed/workshop, well and septic. You have the point all to yourself and with easy access. Continue its use as a cottage or explore building a new permanent/seasonal residence. You will be the envy of many. Book your viewing today!! Located between Toronto and Montreal and an easy commute to Kingston and surrounding area.
Property Features
Golf
Property Details
Property Type
Detached, Bungalow
Acreage
2-4.99
Taxes
$4,058 (2024)
Basement
None
Exterior
Wood
Heat Type
Baseboard
Heat Source
Wood
Air Conditioning
None
Parking Spaces
2
Driveway
Private
Room Summary
RoomLevelSizeFeatures
KitchenMain9.09' x 11.68'
DiningMain6.76' x 13.16'
LivingMain15.32' x 17.16'
Prim BdrmMain15.32' x 11.91'
BrMain8.76' x 9.68'
BathroomMain6.43' x 8.17'
RecMain31.17' x 7.58'
South Frontenac Market Statistics
South Frontenac Price Trend
1326 RIDGE Lane is a 2-bedroom 1-bathroom home listed for sale at $699,000, which is $181,207 (35.0%) higher than the average sold price of $517,793 in the last 30 days (September 28 - October 27). During the last 30 days the average sold price for a 2 bedroom home in South Frontenac declined by $227,207 (30.5%) compared to the previous 30 day period (August 29 - September 27) and down $14,707 (2.8%) from the same time one year ago.
Inventory Change
There were 24 2-bedroom homes listed in South Frontenac over the last 30 days (September 28 - October 27), which is up 1,100.0% compared with the previous 30 day period (August 29 - September 27) and up 2,300.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in South Frontenac typically sold ($5,736) (1.1%) below asking price over the last 30 days (September 28 - October 27), which represents a $38,264 increase compared to the previous 30 day period (August 29 - September 27) and ($17,400) 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 South Frontenac over the last 30 days (September 28 - October 27) stood at 604.2%, up from 50.0% over the previous 30 days (August 29 - September 27) and up from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in South Frontenac stood at 62 days when successfully sold over the last 30 days (September 28 - October 27), compared to 118 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Rise Executives, Brokerage
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