132 Peepy Horn Rd

FOR SALE
$449,900
132 Peepy Horn Rd, Marmora and Lake
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
132 Peepy Horn Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X8207566
MLSID
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Property Description
This is a beautiful waterfront house that was originally a cottage. It comes fully furnished and has deeded access to Crowe Lake just 1 lot over and across the lane. The property has been in the family since the 1960s and was turned into a year-round residence in the 1990s with the addition of insulation and a forced air furnace, and is now ready for a new family to create their own mark and many more happy memories. The house is at the end of a quiet dead-end road, less than 10 minutes away from the pretty little town of Marmora, which has all the necessary amenities and conveniently right on Highway 7. The interior features stunning soaring plank cathedral ceilings and a propane free-standing stove surrounded by a stacked stone veneer. There are two good-sized bedrooms, each with either a double closet or walk-in closet. The family room addition from 1987 could easily be reconfigured to increase the number of bedrooms or left as additional living space. The house is one lot over from the deeded access point, which has a park-like setting, beach, docking, and overflow parking. Recent upgrades include a propane furnace, new flooring, large windows in the family room, and a new roof since 2016. The location is perfect, situated at nearly the end of a dead-end road, ensuring peace and privacy throughout the year. This is a great opportunity for year-round living, a seasonal family retreat, or renting out, as it's located on a great fishing and swimming lake. The sale includes all furnishings and appliances, except for the items noted in the exclusion section. A BRAND NEW SEPTIC will be in place prior to closing, so you will be able to move right in and enjoy for years to come.
Property Features
Beach, Campground, Cul De Sac, Lake Access, Lake/Pond
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
60' x 200'
Acreage
.50-1.99
Fronting
North
Taxes
$1,640 (2023)
Basement
None
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
SunroomMain6.07' x 23.33'
BreakfastMain9.58' x 13.75'
KitchenMain9.58' x 9.58'
DiningMain9.65' x 13.75'
LivingMain9.58' x 9.65'
FamilyMain15.78' x 23.29'Walk-Out
UtilityMain3.77' x 7.71'
BrMain8.43' x 11.78'W/I Closet
BrMain8.33' x 9.71'Double Closet
BathroomMain5.51' x 6.07'
Marmora and Lake Market Statistics
Marmora and Lake Price Trend
132 Peepy Horn Rd is a 2-bedroom 1-bathroom home listed for sale at $449,900, which is $40,100 (8.2%) lower than the average sold price of $490,000 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom home in Marmora and Lake increased by $29,000 (6.3%) compared to the previous 30 day period (March 4 - April 2) and down $417,000 (46.0%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Marmora and Lake over the last 30 days (April 3 - May 2), which is up 100.0% compared with the previous 30 day period (March 4 - April 2) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Marmora and Lake typically sold $100 (0.0%) above asking price over the last 30 days (April 3 - May 2), which represents a $14,050 increase compared to the previous 30 day period (March 4 - April 2) and ($15,000) 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 2-bedroom homes in Marmora and Lake over the last 30 days (April 3 - May 2) stood at 16.7%, down from 66.7% over the previous 30 days (March 4 - April 2) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Marmora and Lake stood at 16 days when successfully sold over the last 30 days (April 3 - May 2), compared to 124 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Heritage Realty Ltd
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