54 Bacon Lane

Pelham, L0S 1E4
FOR SALE
$2,490,000
54 Bacon Lane, Pelham
54 Bacon Lane
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
14 + 4
ROOMS
X8263778
MLSID
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Property Description
Welcome to 54 Bacon Lane. This property is fully landscaped & designed by Michael Allen of ACK Architects & brought to life by Homes by Hendriks. Boasting over 5000sqft of finished living space w/4+1 bdrms & 5 baths, this home is the ultimate oasis with no rear neighbours. Equipped w/Control 4 Smarthome throughout, Stunning living room w/21ft cathedral ceilings & an open concept kitchen/living room space with plenty of oversized windows, providing natural light. Throughout the rest of the main level, this home boasts 10ft ceilings making it feel airy and inviting. Kitchen offers Miele appliances throughout including, B/I wine fridge, 48" fridge & freezer, microwave/oven, espresso machine and dishwasher as well as a 36" gas range with pot filler tap. Dining area has sliding doors to the backyard oasis. Upper level has 9ft ceilings throughout, featuring four bedrooms each with its own bathroom. Primary bdrm is a true retreat w/an oversized W/I closet, 5pc ensuite w/balcony facing the backyard. Bsmt is fully finished w/additional bdrm, in home gym, wet-bar & theatre, perfect for entertaining or additional living space. Walking out to the rear yard, there lies an outdoor kitchen, fireplace, and pool house with full bathroom, changeroom and shower for you and your guests plus the luxury of an inground saltwater pool w/a B/I electronic cover. Nestled in a prestigious community, this home combines convenience and tranquility with top schools, shopping, dining and parks in close reach!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-01 2024-01-23 53 $6,995 - Terminated
2023-11-08 2024-01-03 56 $2,689,900 - Terminated
2023-10-23 2023-11-10 18 $2,899,900 - Terminated
2019-08-23 2020-04-21 242 $899,000 - Suspended
Property Details
City
Property Type
Detached, 2-Storey
Lot Size
62' x 121'
Acreage
< .50
Fronting
South
Taxes
$9,846 (2023)
Basement
Finished, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
OfficeMain12.17' x 11.58'
LivingMain18.01' x 16.01'Fireplace
DiningMain20.01' x 14.99'Sliding Doors
KitchenMain12.01' x 18.08'
Br2nd7.09' x 10.83'Ensuite Bath
Br2nd13.16' x 14.57'
Br2nd14.01' x 11.58'
Prim Bdrm2nd13.91' x 17.59'W/I Closet
OtherBsmt14.99' x 19.00'
BrBsmt12.17' x 11.58'
Pelham Market Statistics
Pelham Price Trend
54 Bacon Lane is a 4-bedroom 5-bathroom home listed for sale at $2,490,000, which is $1,465,000 (142.9%) higher than the average sold price of $1,025,000 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 4 bedroom home in Pelham declined by $75,000 (6.8%) compared to the previous 30 day period (March 6 - April 4) and down $30,000 (2.8%) from the same time one year ago.
Inventory Change
There were 9 4-bedroom homes listed in Pelham over the last 30 days (April 5 - May 4), which is down 10.0% compared with the previous 30 day period (March 6 - April 4) and up 28.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Pelham typically sold ($59,900) (5.8%) below asking price over the last 30 days (April 5 - May 4), which represents a $44,900 decrease compared to the previous 30 day period (March 6 - April 4) and $11,000 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 4-bedroom homes in Pelham over the last 30 days (April 5 - May 4) stood at 55.6%, up from 10.0% over the previous 30 days (March 6 - April 4) and up from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Pelham stood at 21 days when successfully sold over the last 30 days (April 5 - May 4), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Niagara Realty Ltd.
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FOR SALE
Rustic, cottage luxury meets modernized finishes & retreat worthy ambiance in prestigious Fonthill. Featuring 2.3 acres, this 3050sq.ft., custombuilt, multi-level floor plan offers 3 plus beds in the main house w/ additional & separate in-law quarters; a dazzling upgraded chef's kitchen w/quartz & granite countertops; ensuite privileges for both residents & guests; 2 car garage; & additional pool house living & recreational quarters.Situated upon a private hill within minutes to Fonthill's renowned golf courses & town square amenities, the backyard features a heated ingroundpool and bordered by flagstone paths, a fully equipped outdoor kitchen, wood oven pizza, gas fireplace, separate fire pit area, magazine worthyhardscaping, and a designated sports area. Also includes home office, upper loft games room, 2 story pool house, separate lower level mancave, & nearly 5000sqft of living space throughout, accented intelligently with a keen eye for place, detail & timeless relevance.
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