50 Fairview Dr
Arkona, Lambton Shores, N0M 1B0
FOR SALE
$839,900

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Property Description
Welcome to your dream home in the family-oriented community of Arkona! This stunning 3+1 bedroom, 2+1 bath open-concept bungalow offers 3,173 sq. ft. of luxurious living space, perfect for families and entertaining.As you step inside, you'll be greeted by a bright and airy open floor plan, seamlessly connecting the living, dining, and kitchen areas. Large windows bathe the space in natural light and provide picturesque views of your backyard. The modern kitchen features ample cabinetry and counter space, ideal for culinary enthusiasts.Enjoy the convenience of main floor laundry and a spacious primary suite with an ensuite bathroom. Two additional well-appointed bedrooms provide plenty of room for family or guests.Step outside to your fully fenced backyard, where you ll find a large deck perfect for summer barbecues and relaxing evenings. The fully finished basement features a cozy rec room, an additional bedroom, and a third bathroom, providing extra space for recreation or guest accommodations.With a double car garage and a concrete laneway, parking and storage are a breeze. Located in a growing town with a strong sense of community, this home is not just a place to live, but a lifestyle to embrace, including a backyard backing onto a golf course, just steps away.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-16 | 2025-02-14 | 60 | $839,900 | - | Expired |
2024-09-30 | 2024-12-01 | 62 | $839,900 | - | Expired |
Property Features
Fenced Yard, Golf, Lake/Pond, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3000-3500
Lot Size
66' x 164'
Fronting
East
Taxes
$3,267 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 16.01' x 21.29' | |
Living | Main | 9.91' x 21.29' | |
Bathroom | Main | 6.04' x 11.45' | 4 Pc Ensuite |
Prim Bdrm | Main | 15.85' x 13.48' | |
2nd Br | Main | 10.79' x 14.99' | |
3rd Br | Main | 10.33' x 13.42' | |
Bathroom | Main | 9.84' x 5.48' | 4 Pc Bath |
Rec | Lower | 20.83' x 30.22' | |
Other | Lower | 19.16' x 11.61' | |
4th Br | Lower | 12.60' x 14.40' | |
Furnace | Lower | 10.43' x 20.05' | |
Bathroom | Lower | 9.61' x 7.61' | 3 Pc Bath |
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Lambton Shores Market Statistics
Lambton Shores Price Trend
50 Fairview Dr is a 4-bedroom 3-bathroom home listed for sale at $839,900, which is $361,484 (75.6%) higher than the average sold price of $478,416 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Lambton Shores declined by $761,084 (61.4%) compared to the previous 30 day period (December 22 - January 20) and up $51,078 (12.0%) from the same time one year ago.Inventory Change
There were 1 4-bedroom homes listed in Lambton Shores over the last 30 days (January 21 - February 19), which is down 87.5% compared with the previous 30 day period (December 22 - January 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Lambton Shores typically sold ($21,183) (4.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,267 increase compared to the previous 30 day period (December 22 - January 20) and ($11,760) less 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 4-bedroom homes in Lambton Shores over the last 30 days (January 21 - February 19) stood at 300.0%, up from 75.0% over the previous 30 days (December 22 - January 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Lambton Shores stood at 71 days when successfully sold over the last 30 days (January 21 - February 19), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Thrive Realty Group Inc.
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