505540 Grey Road 1

FOR SALE
$1,685,000
505540 Grey Road 1, Georgian Bluffs
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
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505540 Grey Road 1
505540 Grey Road 1
505540 Grey Road 1
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 5
ROOMS
X8402932
MLSID
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Property Description
Wake up to breathtaking views of Georgian Bay in this meticulously designed, custom-built bungalow. Nestled on 1.2 acres, this all-stone masterpiece offers 5,200 sqft of luxurious living space, adorned with hickory floors and higher end materials. As you enter, an unencumbered sightline reveals a striking view through to the backyard oasis, seamlessly blending indoor and outdoor living. The Great Room features a vaulted ceiling and a stunning stone fireplace, leading to a true gourmet kitchen. Cambria quartz countertops complement stainless steel appliances, creating a chefs dream space. The spacious primary bedroom offers access to a large covered deck area with a hot tub, a walk-through closet, and a luxurious ensuite with a soaker tub. The main level also includes two additional large bedrooms, a 5-piece primary bathroom, a laundry room, and a mudroom with garage access. Descend the oak stairs to the lower level, an entertainers delight. This expansive area features a massive family room, a games area, a wet bar, and additional living space including a den, a 4th bedroom, a 3-piece bathroom, and a formal entrance from the garage area. This configuration offers the potential for an in-law suite or separate living space. Spend your summers lounging by the heated dolphin fiberglass pool with a fountain, enjoying the cabana bar, or relaxing in the spacious covered patio with a hot tub and outdoor dining area. The heated detached shop offers loads of space for toy storage.
Property Features
Lake Access, School Bus Route, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
5000+
Lot Size
220' x 260'
Acreage
.50-1.99
Fronting
West
Taxes
$8,154 (2023)
Basement
Finished, Walk-Up
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain16.01' x 18.01'Fireplace, Vaulted Ceiling
DiningMain10.01' x 18.01'Sliding Doors
KitchenMain12.01' x 14.01'
Prim BdrmMain18.18' x 12.17'Sliding Doors, W/I Closet, W/O To Deck
BrMain12.17' x 14.34'
BrMain12.17' x 14.17'
MudroomMain12.01' x 7.51'
FamilyLower18.24' x 26.84'
GamesLower18.24' x 26.84'
DenLower14.01' x 11.25'
BrLower14.01' x 11.52'
OtherLower15.58' x 23.00'
Georgian Bluffs Market Statistics
Georgian Bluffs Price Trend
505540 Grey Road 1 is a 3-bedroom 3-bathroom home listed for sale at $1,685,000, which is $995,000 (144.2%) higher than the average sold price of $690,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Georgian Bluffs declined by $360,000 (34.3%) compared to the previous 30 day period (July 22 - August 20) and down $109,000 (13.6%) from the same time one year ago.
Inventory Change
There were 4 3-bedroom homes listed in Georgian Bluffs over the last 30 days (August 21 - September 19), which is up compared with the previous 30 day period (July 22 - August 20) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Georgian Bluffs typically sold ($5,000) (0.7%) below asking price over the last 30 days (August 21 - September 19), which represents a $134,000 increase compared to the previous 30 day period (July 22 - August 20) and ($8,450) 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 Georgian Bluffs over the last 30 days (August 21 - September 19) stood at 75.0%, down from over the previous 30 days (July 22 - August 20) and down from 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 Georgian Bluffs stood at 16 days when successfully sold over the last 30 days (August 21 - September 19), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
Similar Listings
306 Balmy Beach Rd, Georgian Bluffs
3+1
BEDS
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BATHS
$1,740,000
FOR SALE
This 4 bedroom plus office, 3 bath Stone Bungalow is a brand new Custom Clancy Builders home. Meticulously Designed for the Discerning Buyer with 3,405 Finished Square Feet. Located on 1 Acre surrounded by Environmentally Protected lands to the West & South, creating a very Private & Peaceful Property amongst nature. Sounds from a southern stream and Seasonal Views over Georgian Bay on the Front Porch. Sophisticated Finishes Flow throughout the Entire Home beginning in the Front Foyer with Brazilian Slate tile in a Herringbone design, White Oak Engineered Wide-Plank Flooring throughout the entire main level, Smart Home Capabilities- iPad Central Control System for an Ecobee Thermostat, Security Cameras, Music, etc. A thoughtfully designed Custom Kitchen with Quartz Counters, Champagne Bronze Light Fixtures, Faucets, Hardware & Pot Filler, plus a 5 Burner Gas Oven, Built-In Butcher Blocks & a Stunning 8' x 5' White Oak Island. The temperature controlled Stainless Steel Wine Room holds 144 bottles. A Separate Office with Custom Woodwork, plus Pantry and ample storage are next to a Spacious Dining Area with Accent Wall. Soaring Cathedral Ceilings in a remarkable Great Room with a Natural Stone Stone Gas Fireplace, White Oak Mantel & 12' sliding Glass Doors open onto a Large Covered Patio. Custom Millwork Organizers in the mudroom lead to the sunny main floor laundry room with a full width quartz counter. The Primary Bedroom has oversized windows, an ensuite with Stand Alone Tub, Custom Glass Shower & a Dreamy Walk-In Closet. Two additional bedrooms and bath are located down the hallway. The lower level lit up staircase leads to a Family Room with fireplace, 75 TV & Wet Bar. Large windows allow for Natural Light to pour into the flex room, currently set up as Gym, and a 4th bedroom, Several Storage Rooms plus a Workshop in the lower level. Natural Gas furnace, Central Air.
501426 Grey Road 1, Georgian Bluffs
2
BEDS
2
BATHS
$1,495,000
FOR SALE
Explore this expansive 60-acre property, ideally located next to Wiarton International Airport in the growing community of Georgian Bluffs. Offering around 45 acres of arable land, this parcel can be continued for agricultural use or as a strategic investment in a region poised for growth. On-site, two sizable barns present versatile opportunities for storage, agricultural activities, or other entrepreneurial ventures. The residential structure on the property, currently a shell, awaits transformation and offers potential buyers the chance to renovate or rebuild to meet their specific needs or visions. Nature adds to the property's appeal with a beautiful creek that flows through the wooded back area, creating a peaceful and picturesque environment teeming with wildlife and various tree species. This natural setting provides a perfect blend of rural tranquility and potential business activity. Conveniently situated just a 5-minute drive from Wiartons town center, the property ensures easy access to essential services and amenities like grocery stores, financial institutions, medical facilities, retail shopping, and recreational activities including a marina. This proximity combines the peacefulness of country living with the practical benefits of town amenities. This property represents a prime investment in the future of Georgian Bluffs, bridging the gap between agricultural potential and suburban development. Its location near a key transportation hub, combined with the natural beauty and land productivity, makes it a standout choice for investors looking to capitalize on both current and future opportunities. Ideal for those eyeing long-term investment in a community with a promising outlook, this 60-acre estate near Wiarton International Airport offers a unique mix of development potential, natural beauty, and convenient access to urban conveniences, making it a compelling addition to any investment portfolio.
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