5745 Line 3 N

Midland, Midland, L4R 4K3
FOR SALE
$1,189,000
5745 Line 3  N, Midland
5745 Line 3  N
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
9
ROOMS
S9308252
MLSID
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Property Description
Top Reasons You Will Love This Home: Discover this one-of-a-kind, custom-built, eco-friendly home that promises to be a lasting legacy for generations. Constructed with sustainability at its core, this post and beam house features R-35 insulated straw bale walls, the perfect blend of natural materials and modern efficiency. Nestled on a private 4-acre lot. The main level boasts soaring vaulted ceilings that create an airy, spacious feel. The kitchen is a chef's dream, with custom wood cabinetry, sleek concrete countertops, and top-of-the-line stainless steel appliances. The main level also includes a primary bedroom featuring a four-piece bathroom, hydronic in-floor heating, and a Crossfire masonry fireplace. Ascend the staircase, adorned with charming white pine railings harvested directly from the property to the upper level. Here, you'll find two additional bedrooms and office space that can easily be transformed into a den or study. For the hobbyist or craftsman, the property includes a spacious 24' x 28' heated and insulated workshop. This impressive space features a covered porch, a durable steel roof, and hydronic in-floor heating powered by its own dedicated heat source. Embrace the tranquility of nature with four private acres featuring walking trails and a diverse array of trees, including a mature sugar bush and a white pine forest. Enjoy the unique experience of making your own maple syrup in the on-site maple sugar shack, relax in the western red cedar wood fired sauna, and cultivate your green thumb with the garden beds. The property is ideally located close to ample recreational opportunities including skiing, hiking, golfing, and spa, and near several scenic Simcoe County forests and Orr Lake. Centrally located, 20 minutes each to Midland, Orillia, and Barrie. This exceptional home offers a place to live and a lifestyle that harmonizes with nature, sustainability, and enduring quality. Dont miss the opportunity to own this eco-friendly retreat.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-26 2024-09-07 43 $1,189,000 - Terminated
Property Features
River/Stream, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
450' x 300'
Acreage
2-4.99
Fronting
East
Taxes
$3,856 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.50' x 13.52'Ceramic Floor, Stainless Steel Appl, Window
DiningMain13.78' x 15.94'Fireplace, Cathedral Ceiling, Window
LivingMain13.78' x 26.41'Open Concept, Window
MudroomMain6.96' x 7.41'Ceramic Floor, Window
Prim BdrmMain11.29' x 15.58'Hardwood Floor, Window
LaundryMain6.40' x 12.53'Ceramic Floor
Office2nd10.93' x 12.47'Plank Floor, Vaulted Ceiling
Br2nd12.47' x 13.12'Plank Floor, Window, Vaulted Ceiling
Br2nd12.57' x 13.09'Plank Floor, B/I Closet, Vaulted Ceiling
Midland Market Statistics
Midland Price Trend
5745 Line 3 N is a 3-bedroom 1-bathroom home listed for sale at $1,189,000, which is $591,500 (99.0%) higher than the average sold price of $597,500 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Midland declined by $33,409 (5.3%) compared to the previous 30 day period (July 20 - August 18) and up $7,929 (1.3%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in Midland over the last 30 days (August 19 - September 17), which is up 19.0% compared with the previous 30 day period (July 20 - August 18) and up 38.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Midland typically sold ($26,080) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,829 increase compared to the previous 30 day period (July 20 - August 18) and ($18,585) 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 3-bedroom homes in Midland over the last 30 days (August 19 - September 17) stood at 60.0%, up from 52.4% over the previous 30 days (July 20 - August 18) and up from 38.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Midland stood at 30 days when successfully sold over the last 30 days (August 19 - September 17), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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