5316 Rice Lake Scenic Dr

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5316 Rice Lake Scenic Dr, Hamilton
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6 + 5
BEDROOMS
13
BATHROOMS
1
KITCHENS
16
ROOMS
X2779901
MLSID
Contact Us
Property Description
Historic C1902 Iconic Inn Majestically Poised On Estate Size Lakefront Property. Architectural Integrity Of Old World Tradition,3 Story Octagonal Tower, Bell Curved Roof, Diamond Pane Windows All Maintained While Incorporating Conveniences Of 21st Century. Unmatched Eastern Seaboard"Shingles Style"Country Weekend Retreat Or Year Round Residence.. Over 5900Sq', 11 Bedrooms, 12 Washrooms, 5 Fireplaces, Chef's Kitchen, Inground Pool, Verandah, Patio W/Lake Views
Extras
Could Be Your Outstanding Private Family Retreat, Year Round Home, Or Add To The Ongoing Success Of This Inn Of Over 20 Years With Your Own Personal Creativity. A Variety Of Uses Available And Long List Of Chattels.
Property Features
Clear View, Lake Access, Marina, Waterfront
Property Details
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
450' x 355'
Acreage
2-4.99
Lot Irregularities
2.2 Acres Irreg. See Survey
Fronting
North
Taxes
$14,000 (2013)
Basement
Part Bsmt
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
90
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain5.25' x 9.78'Hardwood Floor, W/O To Porch
LivingMain11.09' x 21.88'Hardwood Floor, Fireplace, Beamed
KitchenMain12.27' x 12.80'Centre Island, Stainless Steel Coun, W/O To Deck
DiningMain7.19' x 45.77'O/Looks Backyard, W/O To Patio, Overlook Water
DiningMain11.09' x 21.00'Hardwood Floor, Stained Glass, Wainscotting
Br2nd12.99' x 12.99'Hardwood Floor, 3 Pc Ensuite, O/Looks Backyard
Br2nd11.98' x 15.39'Hardwood Floor, Fireplace, 4 Pc Ensuite
Br2nd11.98' x 12.60'Hardwood Floor, Overlook Water, 3 Pc Ensuite
Br2nd11.19' x 11.94'Hardwood Floor, O/Looks Backyard, 3 Pc Ensuite
Br3rd11.98' x 11.48'Hardwood Floor, O/Looks Backyard, 3 Pc Ensuite
Br3rd12.89' x 12.89'Hardwood Floor, Overlook Water, 3 Pc Ensuite
Br3rd10.17' x 16.70'Hardwood Floor, Fireplace, 4 Pc Ensuite
Hamilton Market Statistics
Hamilton Price Trend
5316 Rice Lake Scenic Dr is a 6-bedroom 13-bathroom home listed for sale at $1,099,000, which is $460,571 (29.5%) lower than the average sold price of $1,559,571 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 6 bedroom home in Hamilton increased by $752,696 (93.3%) compared to the previous 30 day period (January 27 - February 25) and up $920,821 (144.2%) from the same time one year ago.
Inventory Change
There were 18 6-bedroom homes listed in Hamilton over the last 30 days (February 26 - March 26), which is up 157.1% compared with the previous 30 day period (January 27 - February 25) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Hamilton typically sold ($54,128) (3.5%) below asking price over the last 30 days (February 26 - March 26), which represents a $17,353 decrease compared to the previous 30 day period (January 27 - February 25) and ($19,700) 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 6-bedroom homes in Hamilton over the last 30 days (February 26 - March 26) stood at 38.9%, down from 57.1% over the previous 30 days (January 27 - February 25) and down from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 13-bathroom home in Hamilton stood at 44 days when successfully sold over the last 30 days (February 26 - March 26), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty, Brokerage
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