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Property Description
LUXURIOUS ESTATE in PALGRAVE offers a Perfect Blend of Historic charm and Modern amenities, set on expansive grounds of 3.937 ACRES of land. This sprawling lush manicured Lot surrounded by mature trees ideal for those seeking a luxurious lifestyle with ample space for private relaxations, grand-scale entertainment and recreational activities. This Solid Built Property features Spacious 4 Car Garage (2 Attached + 2 Detached- Perfect for your Boat storage or pickup trucks) + ample of Additional parking on your driveway, Chefs Dream incredible Custom Gourmet Kitchen w/large Pantry Storage, High-end appliances & Breakfast bar, Huge Open concept Separate formal Living, Dinning, & Family room. Huge Solarium/Meditation Hall/Yoga Studio, Home Office/ Sun Room. Spacious Bedrooms with B/I Closet organizers. Antique Architectural 5 Pc Ensuite w/ His & Her oval vessel sinks, Soaker tub, Glass Shower, expansive Dressing Room with Custom Closet & Iceland Organizers. Basement finished with unique open-concept Elaborate SPA with Dry-Wet Sauna & bath Combo, Huge Recreational Open area, Multiuse Guest Bedroom could be your Game Room or Exercise Room or Media or Theatre room or combined all of them. Backyard Oasis designed for entertainment & relaxation includes -Inground Swimming Pool, Outdoor Shower, 2 Fire-Pits , Hot Tub, BBQ line, Kids Play zone, Cabana or Outhouse w/ Inbuilt BOSE Surround Sound System perfect for your backyard parties. Fully fenced Private Tennis Court. Tones of Possibility for future expansion of additional outdoor activity in your Backyard (i.e. Swings, Paintball, Tree House, Private Camping or Trail walking activity), Plenty of Storage at every corner of house in and out, Close to Parks, Trails, Campground, Rec/School. This estate seamlessly combines Urban Comforts with a Rural Ambiance offering a serene retreat amidst Southern Ontario's scenic landscapes. MUST SEE VIRTUAL TOUR!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-05 | 2024-09-24 | 81 | $2,499,900 | - | Terminated |
| 2021-03-03 | 2021-03-26 | 22 | $2,248,000 | $2,070,000 | Sold |
Extras
Tennis Court, Detached Garages, Storage Shed, Inground pool, Hot Tub, Outdoor Shower, Outhouse w/Bose Surround Sound Speakers Sys, 2 Fire-Pits, BBQ line, Kids Play zone, Rock Benches, Storages & Organizers, All fixtures attached to this lot
Property Features
Campground, Other, Park, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Acreage
2-4.99
Lot Irregularities
598.88ftx208.96ftx419.38ftx1.78x796.27ft
Fronting
East
Taxes
$13,630 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
11
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.78' x 17.39' | French Doors, Fireplace, Hardwood Floor |
| Dining | Main | 11.48' x 25.59' | Wainscoting, O/Looks Frontyard, Hardwood Floor |
| Kitchen | Main | 15.42' x 22.97' | Hardwood Floor, W/O To Yard, Stainless Steel Appl |
| Family | Main | 11.81' x 13.78' | Tile Floor, W/O To Sunroom, Fireplace |
| Sunroom | Main | 12.80' x 20.67' | Tile Floor, Skylight, W/O To Pool |
| Solarium | Main | 21.33' x 25.26' | Marble Floor, Coffered Ceiling, W/O To Pool |
| Prim Bdrm | Upper | 11.48' x 35.10' | 5 Pc Ensuite, B/I Closet, Closet Organizers |
| 2nd Br | Upper | 12.14' x 14.11' | Laminate, His/Hers Closets, Large Window |
| 3rd Br | Upper | 11.81' x 10.83' | Laminate, B/I Closet, Large Window |
| Rec | Lower | 17.72' x 29.86' | Vinyl Floor, Fireplace, Pot Lights |
| 4th Br | Lower | 12.47' x 17.06' | Vinyl Floor, Window |
| Other | Lower | 17.72' x 15.42' | Sauna, Closet, Combined W/Laundry |
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Caledon Market Statistics
Caledon Price Trend
62 Gibson Lake Dr is a 3-bedroom 5-bathroom home listed for sale at $2,599,000, which is $1,510,286 (138.7%) higher than the average sold price of $1,088,714 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Caledon declined by $44,939 (4.0%) compared to the previous 30 day period (September 21 - October 20) and down $804,567 (42.5%) from the same time one year ago.Inventory Change
There were 50 3-bedroom homes listed in Caledon over the last 30 days (October 21 - November 19), which is down 29.6% compared with the previous 30 day period (September 21 - October 20) and down 2.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Caledon typically sold ($23,104) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,638 increase compared to the previous 30 day period (September 21 - October 20) and ($207,264) 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 Caledon over the last 30 days (October 21 - November 19) stood at 56.0%, up from 36.6% over the previous 30 days (September 21 - October 20) and up from 31.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Caledon stood at 41 days when successfully sold over the last 30 days (October 21 - November 19), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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