$449,000
Severn
3391 Russell Drive, Severn (Port Severn), Ontario, L0K1E0
This lot in Severn is for sale. It has been on the market 78 days, fresher than the Severn average of 112 days.
Welcome to 3391 Russel Drive at Eco-Bay Estates, an opportunity to build your dream waterfront home in an exceptional private community on the Trent-Severn Waterway. Set within this exclusive enclave, this vacant building lot offers the opportunity to create a custom year-round residence or recreational retreat on the shores of Little Lake/Gloucester Pool. Eco-Bay Estates is a private 50-acre peninsula with just 14 thoughtfully planned residences, creating a truly unique low-density waterfront community. A standout feature of the community is its shared one-acre waterfront parcel, complete with a large multi-slip dock for residents' enjoyment. The gated waterfront area is just a 2-minute walk from the property via a paved road and provides convenient access for boaters, with slips accommodating vessels from approximately 20 to 50 feet. Enjoy direct access to the Trent-Severn Waterway and the endless recreational possibilities of Gloucester Pool, including boating, fishing, swimming, kayaking and paddleboarding. Explore the connected waterways toward Georgian Bay and beyond, all from your private community waterfront. The estate was carefully designed to blend with its natural surroundings, featuring beautiful hardwood forest and classic Canadian Shield landscape. Thoughtfully planned infrastructure and low-density development provide an exceptional balance of privacy, tranquility and waterfront lifestyle. The location is equally impressive, just minutes from Highway 400 and approximately 15 minutes north of Barrie and 20 minutes west of Orillia, with restaurants, shopping, healthcare and everyday amenities all within easy reach. Golf, hiking, cycling, skiing, snowmobiling and other four-season recreational activities are also nearby. Whether you envision a sophisticated year-round residence or a private waterfront escape, this is an opportunity to build a home tailored entirely to your vision in a highly desirable and conveniently located waterfront community. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 112 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in Severn (Port Severn) has been listed for 78 days, which is 34 days fresher than the city average of 112. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $449,000, about 5.1× the local median household income of $88,000.
Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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