5385 Line 8 N

FOR SALE
$4,200,000
5385 Line 8  N, Oro-Medonte
5385 Line 8  N
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4 + 1
BEDROOMS
7
BATHROOMS
2
KITCHENS
12 + 6
ROOMS
S8106888
MLSID
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Property Description
OPPORTUNITY FOR MULTI-GENERATIONAL LIVING IN SECLUDED LUXURY! Nestled on a 100-acre property at 5385 Line 8 North, Moonstone, this newly built 8,351 sq ft dream home offers countryside living w/modern conveniences. 5 Bedroom and 7 Bathrooms located between Barrie & Orillia, minutes from the HWY and ski slopes. Built in 2022, it's designed for multigenerational living, providing space for privacy. The main living area features 20 vaulted ceilings w/an open-concept Chefs kitchen. Bosch appliances, chalet-style windows, wood beams, & heated plank flooring. The primary suite has a covered porch & an ensuite oasis. The lower level offers entertainment space leading to a 40 x 20 pool and a separate salon entrance for entrepreneurial opportunities. The breezeway connects to a 4-car garage w/loft space, ready for customization. Plus the 1-bedroom separate apartment w/covered porch.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-19 2024-03-01 42 $4,200,000 - Terminated
Property Features
Golf, Lake/Pond, Park, School, School Bus Route, Skiing
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
5000+
Acreage
100+
Fronting
East
Taxes
$8,968 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Pool
Inground
Parking Spaces
30
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain17.42' x 19.91'Heated Floor
DiningMain14.93' x 14.01'Vaulted Ceiling, Walk-Out
FamilyMain19.91' x 21.42'Vaulted Ceiling, Walk-Out
OfficeMain9.84' x 12.60'
Prim BdrmMain17.75' x 21.65'5 Pc Ensuite, W/I Closet
BrMain11.91' x 14.93'Semi Ensuite
BrMain14.50' x 14.93'Semi Ensuite
Great RmUpper27.43' x 24.18'Heated Floor, Walk-Out, Wet Bar
DenUpper13.25' x 14.34'
RecLower20.83' x 21.26'Heated Floor, Vinyl Floor, Walk-Out
GamesLower16.34' x 25.49'Vinyl Floor
OfficeLower15.58' x 15.91'
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
5385 Line 8 N is a 4-bedroom 7-bathroom home listed for sale at $4,200,000, which is $2,700,000 (180.0%) higher than the average sold price of $1,500,000 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Oro-Medonte increased by $500,001 (50.0%) compared to the previous 30 day period (February 28 - March 28) and down $36,000 (2.3%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Oro-Medonte over the last 30 days (March 29 - April 27), which is up 116.7% compared with the previous 30 day period (February 28 - March 28) and up 18.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oro-Medonte typically sold ($95,000) (6.3%) below asking price over the last 30 days (March 29 - April 27), which represents a $4,901 increase compared to the previous 30 day period (February 28 - March 28) and ($79,580) 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 4-bedroom homes in Oro-Medonte over the last 30 days (March 29 - April 27) stood at 7.7%, down from 16.7% over the previous 30 days (February 28 - March 28) and down from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Oro-Medonte stood at 28 days when successfully sold over the last 30 days (March 29 - April 27), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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