3 Tanglewood Cres

FOR SALE
$1,175,000
3 Tanglewood Cres, Oro-Medonte
3 Tanglewood Cres
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
S9265086
MLSID
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Property Description
Welcome to 3 Tanglewood Cres where you will instantly feel at home within this beautiful 2,735 finished SqFt custom bungalow. Situated on a double wide corner lot with gorgeous landscaping, this home is nestled into a charming community. Walk up to the picturesque front porch where you can sit and enjoy the quiet neighbourhood while sipping your morning coffee. This bright open concept sunlit home features 9' ceilings and charm throughout. The spacious main floor living area with large windows provides natural lighting and gorgeous views of the property. Sit and relax by the gas fireplace or entertain your friends and family in the large kitchen. The kitchen features a walk-in pantry, new stainless-steel appliances, a bar counter area where you and your guests can converse while enjoying a culinary delight and has instant access to the beautiful south facing backyard. This home has two spacious and bright bedrooms on the main level. The primary includes a walk-in closet, a gas fireplace offering a serene and peaceful retreat and a large ensuite complete with a soaker tub, ideal for a spa experience. Invite your friends and family over and entertain downstairs in style within your very own "English Pub" featuring stunning cabinetry, a bar counter area, 2 bar fridges, microwave convection, dishwasher and cook top. Enjoy the large sitting area with gas fireplace. A spacious and bright bedroom in the basement your guests will feel at home away from home. Step outside where beautiful gardens and landscaping invite you to unwind. Soak in the hot tub or sit on the wood deck under the electric retractable awning under a canopy of shade while enjoying the outdoors. This home also features a 3-car garage and a 2-year-old roof. This home is nestled in a serene community with restaurants, grocery store, pharmacy and year-round outdoor activities and luxurious amenities such as the Vetta Nordic Spa, Horseshoe Resort, soon to be built new school and recreation center.
Extras
Heated tile floors in basement bathroom and bar area. New kitchen appliances.
Property Features
Golf, Grnbelt/Conserv, School, School Bus Route
Property Details
Property Type
Detached, Bungalow
Lot Size
94' x 83'
Lot Irregularities
97.9 back and 93.83 deep
Fronting
South
Taxes
$4,482 (2024)
Basement
Finished
Exterior
Other, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.99' x 12.01'Pantry, Stainless Steel Appl
DiningMain14.01' x 10.60'W/O To Sundeck
LivingMain16.01' x 15.19'Gas Fireplace
Prim BdrmMain12.11' x 16.60'4 Pc Ensuite, W/I Closet, Gas Fireplace
2nd BrMain10.79' x 13.91'
LaundryMain5.09' x 5.71'Access To Garage
3rd BrBsmt10.30' x 16.90'
4th BrBsmt10.99' x 10.60'
RecBsmt22.28' x 27.30'Gas Fireplace
OtherBsmt6.99' x 10.30'
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
3 Tanglewood Cres is a 2-bedroom 3-bathroom home listed for sale at $1,175,000, which is $390,000 (49.7%) higher than the average sold price of $785,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Oro-Medonte declined by $405,000 (34.0%) compared to the previous 30 day period (July 22 - August 20) and down $725,833 (48.0%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Oro-Medonte over the last 30 days (August 21 - September 19), which is up 11.1% compared with the previous 30 day period (July 22 - August 20) and down 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oro-Medonte typically sold ($20,666) (2.6%) below asking price over the last 30 days (August 21 - September 19), which represents a $16,366 decrease compared to the previous 30 day period (July 22 - August 20) and ($54,500) 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 Oro-Medonte over the last 30 days (August 21 - September 19) stood at 60.0%, up from 33.3% over the previous 30 days (July 22 - August 20) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Oro-Medonte stood at 144 days when successfully sold over the last 30 days (August 21 - September 19), compared to 104 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Incentive Realty Inc.
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