For Sale

113 CROSS Road, Bancroft, Ontario K0L1C0

$6,499,000

113 CROSS Road, Bancroft, Ontario K0L1C0 is For Sale and has a listing price of 6,499,000. The property is located in the Faraday neighbourhood. It's been on the website for 111 Days.

  • Vacant Land
    Property Type
  • MLS ID: 40596952
  • Office Name Chestnut Park Real Estate Ltd., Brokerage, Halibur
Property Description

DRAFT PLAN APPROVED! ATTENTION ALL BUILDERS/DEVELOPERS/INVESTORS or those looking for a vast family compound on their very own 75 acre lake; very rare opportunity to own a new waterfront residential development with 15 estate sized lakefront lots ranging in size from 2-8 acres on a virgin lake with only one cottage to date, 4 rural lots ranging in size from from 15-126 acres, one of which is direct waterfront with thousands of feet of water frontage and the others which have lake access just down the road, and another 3 blocks comprising a total of 110 acres designated for future development on the east side of the lake where the buyer has the possibility of creating many more lakefront and lake access lots in the future! The final draft plan is approved and only a couple conditions are left to be met by the buyer before the subdivision is complete and the properties receive individual titles.. Excellent flat to gently sloping building lots in a gorgeous, private and quiet, forested setting with easy year round access. The lakefront lots have beautiful sandy shorelines, gorgeous lake views and the shore road allowance for the entire lake has been purchased. Drilled wells are already in place on some of the lots. A couple minutes from Cardiff which has groceries, gas, LCBO, fire services, post office, library and elementary school etc…. Only 10 minutes to Bancroft for a more extensive list of amenities and emergency services, and only 1 hour from Peterborough, 1.5 hours from Belleville, and approx 2.5 hours from both the GTA and Ottawa. This is a prime lakefront development opportunity that you don’t want to miss out on as opportunities like this are far and few between! Possibility of processing phase one separately from Pahse 2. Inquire with listing agent for more info. (id:43137)

Property Details
  • MLS ID: 40596952
  • Price: $6,499,000
  • Transaction Types: For Sale
  • Ref ID: 26979407
  • View: Direct Water View
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/03/2024 40596952 $6,499,000 For Sale - -
06/01/2023 40428023 $1,318,000 For Sale - -
04/28/2023 40410352 $2,115,000 For Sale - -
04/28/2023 40410430 $1,454,000 For Sale - -
03/22/2023 40390827 $249,000 - -
03/22/2023 40390829 $899,000 - -
04/28/2023 40408723 $1,563,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Faraday
  • $683,347 Average List Price
    based on 1 year
  • 10 New Listings
    based on 30 days
  • 40 Median Days on Market
    based on 1 year
  • List vs. Selling Price 33.89 % Up
  • Sold (12mo) 25
  • Rented (12mo) 0

  • 1 Month Change -66.8%
  • 3 Month Change -5.3%
  • 6 Month Change -46.2%
Walkscore
  • - Walk Score
    Car-Dependent
  • 15 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    74.65%
  • Commercial
    17.51%
  • Land for Sale
    7.83%
Additional Details
  • Sewers No Sewage System
  • Basement2 None
  • Water Drilled Well
  • Property Features Recreational, Southern Exposure, Country Residential
  • Waterfront: Waterfront
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 03/06/2024 00:00:00
  • Zoning Y
  • Agent Name: Greg McInnis
  • Address Subdivision: Faraday
  • Last Updated: 31/08/2024 05:19:53
Open House Dates
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