8071 4th Line

Rural Essa, Essa, L0M 1B1
FOR SALE
$1,775,000
8071 4th Line, Essa
8071 4th Line
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
N10428045
MLSID
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Property Description
CONTRACTORS DREAM WITH MULTIPLE OUTBUILDINGS, TONS OF SPACE FOR EQUIPMENT & A MOVE-IN-READY HOME! Nestled on a pristine 1.98-acre lot, this stunning 3-level sidesplit is surrounded by professionally maintained trees, offering exceptional privacy and curb appeal. The expansive driveway provides ample parking, including a designated RV spot with a power plug-in. The exterior boasts a striking gray cedar shiplap facade, a flagstone walkway, and a newer front door. Ideal for hobbyists and home business owners, the property features a massive 60x38 ft shop with an engineered concrete slab floor, steel siding, a loft, and three large doors to accommodate equipment of all sizes. Additional outbuildings include a dovetail bunkhouse with hydro, a custom-built Mennonite shed, multiple storage sheds, and more, all with durable steel roofs. The completely renovated home exudes warmth with hardwood flooring and rustic wood beams. The open-concept kitchen is equipped with porcelain tile floors, solid birch cabinets, stainless steel appliances, a tile backsplash, and an extended coffee bar. The living room features a Napoleon wood-burning fireplace with a stone accent wall and wood beam mantle, leading to a private backyard oasis with a large interlock patio and a 20x12 ft saltwater pool with a custom waterfall. The primary bedroom, accessed through French doors, offers two double closets with organizers and a renovated 3pc ensuite with a quartz-topped vanity and custom glass and tile shower. The recently renovated basement adds versatile living space with new carpet, freshly painted wainscoting, and pot lights. The fully fenced yard includes a side dog run with a covered sleeping pen and wood storage, ensuring that every member of the family has their own space to enjoy. Your #HomeToStay awaits!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-13 2024-11-13 61 $1,775,000 - Expired
2024-07-30 2024-09-13 45 $1,794,900 - Terminated
2024-06-18 2024-07-30 42 $1,794,900 - Terminated
Property Features
Fenced Yard, Golf, Park, Rec Centre, School, Wooded/Treed
Property Details
Street
Community
City
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
1500-2000
Lot Size
150' x 581'
Acreage
.50-1.99
Lot Irregularities
1.98 Acres
Fronting
East
Taxes
$4,063 (2023)
Basement
Finished, Full
Exterior
Board/Batten, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FoyerMain11.58' x 9.09'
KitchenMain11.52' x 11.52'Tile Floor, Double Sink, Stainless Steel Appl
DiningMain19.59' x 9.09'Hardwood Floor, Open Concept
LivingMain19.65' x 11.52'Fireplace, Hardwood Floor, Open Concept
OfficeMain10.33' x 15.91'Tile Floor, Pot Lights
Prim Bdrm2nd10.99' x 25.59'3 Pc Ensuite, Double Closet
2nd Br2nd11.32' x 10.33'
3rd Br2nd8.99' x 9.09'
RecBsmt22.24' x 21.65'Broadloom
4th BrBsmt10.76' x 10.66'
LaundryBsmt10.76' x 10.76'
Essa Market Statistics
Essa Price Trend
8071 4th Line is a 3-bedroom 2-bathroom home listed for sale at $1,775,000, which is $1,091,500 (159.7%) higher than the average sold price of $683,500 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in Essa declined by $72,981 (9.6%) compared to the previous 30 day period (October 3 - November 1) and down $163,444 (19.3%) from the same time one year ago.
Inventory Change
There were 15 3-bedroom homes listed in Essa over the last 30 days (November 2 - December 1), which is down 0.0% compared with the previous 30 day period (October 3 - November 1) and down 31.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Essa typically sold ($17,860) (2.6%) below asking price over the last 30 days (November 2 - December 1), which represents a $2,748 increase compared to the previous 30 day period (October 3 - November 1) and ($33,310) 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 3-bedroom homes in Essa over the last 30 days (November 2 - December 1) stood at 66.7%, down from 73.3% over the previous 30 days (October 3 - November 1) and up from 40.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Essa stood at 37 days when successfully sold over the last 30 days (November 2 - December 1), compared to 63 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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