$1,125,000
Barrie
68 Royal Oak Drive, Barrie (South Shore), Ontario, L4N7S5
A truly remarkable property in one of the area's most unique waterfront-adjacent settings. Originally severed from the neighbouring marina, this property was home to the area's only residence when first built in 1974 and now offers endless possibilities for redevelopment, expansion, or creating a custom dream home. Surrounded by nature, the property boasts over 400 feet of ravine frontage alongside the marina, while the rear of the lot overlooks Lovers Creek and a lush, environmentally protected landscape. Enjoy incredible privacy with stunning natural views, abundant wildlife, soaring birds of prey, and visiting cranes throughout the summer. The expansive lot provides ample space for virtually any outdoor amenity imaginable, including extensive gardens, a swimming pool, ponds, or even a private tennis or pickleball court. From a future second-storey design, rooftop patio, or elevated viewing area, you'll enjoy panoramic forest views stretching beyond the treetops. Adding to its appeal is a grandfathered oversized detached garage and an existing residence that presents a significant development advantage. Whether you choose to renovate, build on the existing foundation, or construct a new custom home, the presence of the current dwelling may help reduce development costs and provide the opportunity for conventional mortgage financing. Additional features include a double-lined well approved by the municipality, currently not in use, offering potential access to a valuable secondary water source for irrigation, pools, or water features. The sandy hillside setting provides excellent natural drainage, and the property has never experienced water in the basement. Mature landscaping further enhances the beauty and character of this remarkable parcel. Located just steps from a waterfront park, this is a special property where location, privacy, and future value come together to create an exceptional investment opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 131 days on market, against an average age of 75 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Barrie (South Shore) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,125,000, about 11.6× the local median household income of $97,000.
Carrying it typically needs a household income of about $219,752 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4N)
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