197 Balmy Beach Rd
Rural Georgian Bluffs, Georgian Bluffs, N4K 5N4
FOR SALE
$2,649,000
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2 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS11 + 7
ROOMSX12004713
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Property Description
Welcome To Waterfront Luxury Living At 197 Balmy Beach Road! This Spectacular Fully Re-Designed Waterfront Bungalow Features The Ultimate Living In Luxury And Entertainment! Situated Within The Shores Of Breath-Taking Georgian Bay With Its East Exposure You Can Experience Marvelous Sunrises And Sunsets Everyday! This Property Is Absolutely Loaded With High End Finishes From Top To Bottom. The Boasting Windows Along The Waterside Of The Home Highlight The Panoramic Views Of The Georgian Bay. The Chefs Kitchen Comes With A Custom Walk-In Pantry And Upgraded Cambria Quartz Counters. The Great Room Contains A Cathedral Ceiling And Valor Fireplace. Moving To The Walk-Out Lower Level, You Have Another Full Kitchen, Living Room With A Fireplace, And 2 Full Bedrooms. Stepping Outside To Your Outdoor Oasis, You Have A Covered Patio W/ Natural Gas Fireplace And Hot Tub. Stunning Heated Salt Water Pool With A Cabana! Luxury Waterfront Living In Georgian Bay Awaits, Rare Offering, Don't Miss Out! Perfect for bnb, Short term rental friendly! massive ROI for short term rentals. **EXTRAS** This Home Comes Fully Furnished W/High End Furniture! Spend Summers On The Caribbean Blue, Crystal-Clear Waters Of Georgian Bay, Designed For Life At The Lake. This Stunning Contemporary Waterfront Home Truly Will Take Wow To Another Level
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-03 | 2024-08-31 | 120 | $2,649,000 | - | Suspended |
| 2024-05-03 | 2024-07-31 | 89 | $2,649,000 | - | Suspended |
| 2023-08-31 | 2023-09-12 | 12 | $2,790,000 | - | Suspended |
| 2023-08-14 | 2023-08-31 | 17 | $2,999,000 | - | Terminated |
| 2023-07-24 | 2023-08-14 | 21 | $3,178,000 | - | Terminated |
| 2023-05-29 | 2023-07-24 | 56 | $3,180,000 | - | Terminated |
| 2021-04-24 | 2021-07-14 | 81 | $2,580,000 | $2,350,000 | Sold |
Property Features
Beach, Golf, Hospital, Marina, School Bus Route, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3500-5000
Lot Size
116' x 160'
Fronting
West
Taxes
$12,500 (2024)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.41' x 23.00' | Cathedral Ceiling, Crown Moulding, Fireplace |
| Kitchen | Main | 11.68' x 16.17' | Pantry, Quartz Counter, Open Concept |
| Sitting | Main | 12.40' x 15.26' | W/O To Deck, O/Looks Pool, Pot Lights |
| Dining | Main | 14.34' x 21.26' | Open Concept, Pot Lights, O/Looks Frontyard |
| Prim Bdrm | Main | 17.75' x 18.41' | Soaker, 5 Pc Ensuite, W/I Closet |
| 2nd Br | Main | 9.84' x 12.17' | Pot Lights, Double Closet, O/Looks Frontyard |
| Mudroom | Main | 5.15' x 14.34' | |
| Rec | Lower | 32.15' x 34.09' | Fireplace, W/O To Patio, Pot Lights |
| 3rd Br | Lower | 12.01' x 16.34' | Pot Lights |
| 4th Br | Lower | 10.93' x 17.85' | Pot Lights |
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Georgian Bluffs Market Statistics
Georgian Bluffs Price Trend
197 Balmy Beach Rd is a 2-bedroom 4-bathroom home listed for sale at $2,649,000, which is $1,209,000 (84.0%) higher than the average sold price of $1,440,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Georgian Bluffs increased by $115,000 (8.7%) compared to the previous 30 day period (December 22 - January 20) and up $786,500 (120.4%) from the same time one year ago.Inventory Change
There were 3 2-bedroom homes listed in Georgian Bluffs over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Georgian Bluffs typically sold $40,000 (2.8%) above asking price over the last 30 days (January 21 - February 19), which represents a $40,000 increase compared to the previous 30 day period (December 22 - January 20) and ($14,500) 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 Georgian Bluffs over the last 30 days (January 21 - February 19) stood at 33.3%, down from 33.3% over the previous 30 days (December 22 - January 20) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Georgian Bluffs stood at 133 days when successfully sold over the last 30 days (January 21 - February 19), compared to 136 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Sun Realty
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This community is known for its beautiful homes, private beach, and an array of amenities that cater to an active lifestyle. Enjoy kayaking, paddle boarding, swimming, and canoeing right at your doorstep. The clubhouse features a state-of-the-art gym, a dining room, and a spa, ensuring you have everything you need for relaxation and recreation. With hiking trails that transform into cross-country ski trails in the winter, outdoor enthusiasts will find endless opportunities to explore. The main floor boasts two elegant black arches that lead you into a magnificent great room, where the kitchen and dining areas harmoniously blend. The kitchen is a chefs dream, featuring high-end appliances and exquisite marble countertops adorned in cream, caramel, black, and green tones. Hidden cabinetry reveals access to the mudroom/ garage, along with a beautifully designed pantry that keeps the kitchen looking sleek and organized. The dining area is inviting, perfect for cozy morning coffees or elegant dinners, with a plush sofa and an oval table surrounded by comfortable chairs. The living room a true showpiece, complete with exquisite cabinetry, fireplace, and soaring ceilings that amplify the sense of space. Outside the covered deck, equipped with a Napoleon outdoor fireplace and TV, where you can enjoy sunsets in complete privacy. The primary bedroom opens to the covered deck and features an en-suite bathroom with a matte white tub and black accents, creating a serene atmosphere. Another fireplace, abundant natural daylight and walk-in closet featuring built-in cabinetry complete this sanctuary. Descend the stylish smoked glass railings to discover a stunning gym surrounded by glass a spacious bedroom a rec room, and bar area that's perfect for entertaining. The spa-like bathroom includes a sauna, a private water closet, and a versatile tub for either cold plunges or hot baths, enhanced by a mist fireplace. GREY COMMON ELEMENTS CONDO#124 MO FEE 134.52 + 198.88
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