FOR SALE
$2,800,000
120 Second Line, Otonabee-South Monaghan
120 Second Line
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4 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
12 + 4
ROOMS
X8074862
MLSID
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Property Description
If you are looking for a tasteful home with lots of room for family, family events, and outdoor activities, then this home with 199 acres may be for you. The updated kitchen with a large island joins the living room that has a bank of windows that over look the ravine with a creek. From there a walkout leads to the lawn with a patio and a fire pit area. In another direction from the kitchen is the family room with a vaulted ceiling that has great views of the farmland. The original 1800s farm house is updated and contains the dining room, parlour, spare bedrooms, and provides access to the primary bedroom. The primary bedroom has lots of space, a separate dressing room, and a private balcony with an east facing view. The lower level has two more bedrooms and a comfortable rec room. The detached garage has room for two cars and has an unfinished loft. The farm provides a mixture of organically farmed fields, ravines, woods and a pond large enough for migratory birds.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-01 2023-11-08 162 $3,195,000 - Expired
2022-08-19 2023-01-25 159 $3,890,000 - Terminated
2022-08-19 2023-01-25 159 $3,890,000 - Terminated
2022-08-19 2023-01-25 159 $3,890,000 - Terminated
2022-08-19 2023-01-24 158 $3,890,000 - Terminated
Extras
The farm provides a mixture of organically farmed fields, ravines, woods, and a pond large enough for migratory birds. All this close to Peterborough or 20 minutes to the 401.
Property Features
Golf, Ravine
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Acreage
100+
Fronting
South
Taxes
$10,262 (2023)
Basement
Part Fin
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Well
Parking Spaces
14
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain21.59' x 10.79'
SittingMain13.12' x 13.68'
DiningMain8.07' x 13.68'
OfficeMain9.09' x 10.89'
KitchenMain17.09' x 26.28'
FamilyMain26.48' x 17.68'
Prim Bdrm2nd26.48' x 19.88'
2nd Br2nd10.30' x 13.68'
3rd Br2nd10.17' x 12.27'
4th Br2nd11.09' x 12.17'
5th BrBsmt11.38' x 12.17'
BrBsmt13.12' x 15.58'
Otonabee-South Monaghan Market Statistics
Otonabee-South Monaghan Price Trend
120 Second Line is a 4-bedroom 4-bathroom home listed for sale at $2,800,000, which is $1,281,667 (84.4%) higher than the average sold price of $1,518,333 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Otonabee-South Monaghan increased by $788,333 (108.0%) compared to the previous 30 day period (March 2 - March 31) and down $356,667 (19.0%) from the same time one year ago.
Inventory Change
There were 5 4-bedroom homes listed in Otonabee-South Monaghan over the last 30 days (April 1 - April 30), which is up 400.0% compared with the previous 30 day period (March 2 - March 31) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Otonabee-South Monaghan typically sold ($90,000) (5.9%) below asking price over the last 30 days (April 1 - April 30), which represents a $70,000 decrease compared to the previous 30 day period (March 2 - March 31) and ($125,000) 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 4-bedroom homes in Otonabee-South Monaghan over the last 30 days (April 1 - April 30) stood at 60.0%, down from 100.0% over the previous 30 days (March 2 - March 31) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Otonabee-South Monaghan stood at 12 days when successfully sold over the last 30 days (April 1 - April 30), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exit Realty Liftlock
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