49 Melissa Lane
Rural Tiny, Tiny, L9M 0T8
FOR SALE
$3,750,000
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3 + 2
BEDROOMS5
BATHROOMS1
KITCHENS10 + 9
ROOMSS9284691
MLSIDContact Us
Property Description
NEWLY BUILT ARCHITECTURAL MASTERPIECE ON 2.4 ACRES WITH PANORAMIC WEST-FACING VIEWS OF GEORGIAN BAY! Just 25 mins from Midland & 90 mins from the GTA! Nestled within the exclusive Cedar Ridge community, residents enjoy access to a private beach & docking area, along with nearby trails, parks & schools. Step through the grand timber-framed entrance, where oversized wooden doors welcome you into a world of sophistication. The living spaces are adorned with oak plank flooring, soaring 10+ ceilings, oversized doors/windows & built-in speakers. The great room is truly spectacular, with 20 cathedral ceilings, porcelain-faced linear f/p & floor-to-ceiling windows that perfectly frame the water views. The professional kitchen showcases quartz countertops, a massive 5x12 island & top-of-the-line Thermador appliances, including a 6-burner gas cooktop, double wall oven & full-size fridge/freezer with an integrated wine fridge. Entertain in style with a built-in servery featuring a second dishwasher, sink & built-in coffee maker. Enjoy uninterrupted views and sunsets over Georgian Bay, thanks to seamless glass railings on the covered timber-framed deck. The expansive primary bedroom offers stunning views of the bay, an impressive w/i closet with built-ins & a luxurious 6pc ensuite with a dual w/i shower, soaker tub with water views & dual sinks. Ascend to the upper loft featuring a cozy f/p, 14 vaulted ceilings & water views. The finished w/o basement is designed for entertainment, with a spacious family room, custom gym & home theatre with a wet bar. Two lower bedrooms with full-size windows, a 4pc bathroom with heated floors & a built-in cedar sauna provide a comfortable retreat for guests. Outside, the landscaped firepit area & expansive yard offer endless opportunities for relaxation & enjoyment. With a brand-new septic system, drilled well & integrated sprinkler system, every detail of this #HomeToStay has been meticulously crafted to ensure comfort & peace of mind.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-06 | 2024-08-06 | 61 | $3,799,444 | - | Expired |
| 2024-03-01 | 2024-06-06 | 97 | $3,999,998 | - | Terminated |
| 2023-10-27 | 2024-03-01 | 126 | $3,999,998 | - | Terminated |
| 2023-09-28 | 2023-10-27 | 29 | $3,999,998 | - | Terminated |
| 2023-07-28 | 2023-09-13 | 47 | $4,999,999 | - | Terminated |
| 2023-06-02 | 2023-07-28 | 56 | $5,499,000 | - | Terminated |
| 2022-10-18 | 2022-12-26 | 69 | $5,700,000 | - | Terminated |
Property Features
Beach, Lake Access, Lake/Pond, Park, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3500-5000
Lot Size
33' x 746'
Acreage
2-4.99
Lot Irregularities
2.4 Acres
Fronting
East
Taxes
$12,340 (2024)
Basement
Fin W/O, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Mutual
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 17.09' x 29.43' | |
| Pantry | Main | 8.83' x 12.93' | |
| Dining | Main | 14.24' x 16.01' | |
| Great Rm | Main | 20.34' x 28.51' | |
| Office | Main | 14.99' x 16.08' | |
| Prim Bdrm | Main | 13.42' x 24.34' | |
| Other | Main | 8.76' x 10.76' | W/I Closet |
| 2nd Br | Main | 15.85' x 11.09' | |
| Office | Main | 16.57' x 21.10' | |
| Loft | 2nd | 25.95' x 18.11' | |
| Office | Bsmt | 21.00' x 21.26' | |
| Media/Ent | Bsmt | 16.50' x 16.67' |
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Tiny Market Statistics
Tiny Price Trend
49 Melissa Lane is a 3-bedroom 5-bathroom home listed for sale at $3,750,000, which is $2,680,000 (250.5%) higher than the average sold price of $1,070,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Tiny increased by $367,500 (52.3%) compared to the previous 30 day period (July 22 - August 20) and up $274,167 (34.5%) from the same time one year ago.Inventory Change
There were 39 3-bedroom homes listed in Tiny over the last 30 days (August 21 - September 19), which is up 143.8% compared with the previous 30 day period (July 22 - August 20) and up 56.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Tiny typically sold ($49,000) (4.6%) below asking price over the last 30 days (August 21 - September 19), which represents a $8,218 decrease compared to the previous 30 day period (July 22 - August 20) and ($18,683) 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 Tiny over the last 30 days (August 21 - September 19) stood at 33.3%, down from 75.0% over the previous 30 days (July 22 - August 20) and up from 24.0% 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 Tiny stood at 49 days when successfully sold over the last 30 days (August 21 - September 19), compared to 60 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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