Northern Bruce Peninsula, Northern Bruce Peninsula, N0H 1Z0
$349,900
Listed by CENTURY 21 MILLENNIUM INC..
MILLER LAKE SHORE ROAD- ACROSS FROM THE WATER ACCESS! Amazing location nestled in a natural setting and mature forest with views of Miller Lake. Sellers are wrapping up a reconstruction of this fabulous Miller Lake Retreat House. Some additional work to the property inside and out will be completed prior to closing. Perfectly positioned across from municipal lake access, easy access to a variety of recreational amenities a short walk to 2 campgrounds equipped with cafe, restaurant, wood fired pizza and ice cream and watercraft and boating rentals, making every day feel like a vacation. This gem is in the heart of the Northern Bruce Peninsula, a lifestyle choice. Recent updates include, insulation, drywall, plumbing- including an ultra-violet water filtration system , wiring with a 200-amp electrical panel, new septic system- with a brand new 3 piece bathroom and laundry connection, structural support, vinyl plank flooring. Lovely welcoming community with nice neighbors, paved road, boat or kayak paddle board access just steps from the front door. Optimal location for year-round access is optimal with municipal garbage disposal and reliable winter plowing services further underscores the property's suitability for both seasonal enjoyment and full-time residence. The potential for income generation is significant, with R2 zoning offering the possibility to expand by building an additional cottage, perfectly suited for those looking to tap into the area's thriving Short Term Accommodations (STA) market. An open permit for improvements, covering septic, structural, bathroom, kitchen, and deck areas, enhances the property's appeal. Easily transferable to the new owner for a nominal fee, it offers an opportunity to increase value during renovations. Strategically located near Tobermory (approx. 35 min drive) and Lion's Head (approx. 20 min drive), residents enjoy Bruce County's stunning landscapes and community.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.