5992 Eighth Line
Rural Erin, Erin, N0B 1Z0
FOR SALE
$4,250,000
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3
BEDROOMS4
BATHROOMS1
KITCHENS10 + 2
ROOMSX9049041
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Property Description
Nestled on 121 expansive acres in Erin Township, this remarkable equestrian property offers the epitome of luxury living and premier equestrian amenities. The property embodies a harmonious blend of sophisticated country living and optimal equestrian functionality. The meticulously maintained home boasting nearly 5000 sqft of living space. Comprising 3 bedrooms, 2 full bathrooms, and 2 half bathrooms, this residence offers comfort & elegance at every turn. The finished basement provides a seamless transition to the fenced backyard & heated pool, while a wrap-around deck affords breathtaking panoramic views of the rolling hills & landscaped yards. The equestrian facilities are second to none, epitomized by a 12-stall horse barn designed for both horse & rider convenience. With rubber mats, a wash stall, grooming stall, heated tack room, feed room, blanket room, hay storage, a heated viewing room & office, a 3-piece bathroom, as well as a separate well & septic system, the barn caters to every equine need with precision & care. Equine enthusiasts will also delight in the property's exceptional arenas. A 72 x 160 indoor arena provides year-round training & riding opportunities, while a 100 x 200 outdoor arena equipped with lighting & viewing stand ensures optimal conditions for outdoor activities in all seasons. The estate also features 6 triple paddocks, 5 individual paddocks, watering posts, & run-in sheds, all designed to accommodate the well-being & comfort of the horses. Additional notable features of this property include a 3-car garage along with a separate 2-car detached garage, a back-up generator, geothermal heating, & a host of other amenities that underscore the meticulous attention to detail that define this extraordinary property. Whether you are a seasoned equestrian professional or a discerning enthusiast seeking the finest in equestrian living, this property represents a rare opportunity to enjoy the pinnacle of country estate living.
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Extras
Equestrian facility with paddocks, 12 stall barn, 72 x 160 indoor arena, 100 x 200 outdoor area, separate hydro, well, septic. See listing attachments for additional information.
Property Features
Grnbelt/Conserv, Rolling, School, School Bus Route, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Rural Resid, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
658' x 3,258'
Acreage
100+
Fronting
West
Taxes
$23,879 (2023)
Basement
Fin W/O, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
10
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 21.95' x 27.30' | Open Concept, Fireplace, W/O To Deck |
| Kitchen | Main | 13.94' x 14.70' | Double Sink, Granite Counter, Open Concept |
| Dining | Main | 15.78' x 14.80' | French Doors, Hardwood Floor |
| Office | Main | 15.78' x 14.07' | French Doors, Hardwood Floor |
| Br | 2nd | 13.94' x 14.11' | Hardwood Floor, California Shutters |
| 2nd Br | 2nd | 13.02' x 13.88' | Hardwood Floor, California Shutters |
| Prim Bdrm | 2nd | 16.77' x 22.70' | W/I Closet, Broadloom, 5 Pc Ensuite |
| Rec | Bsmt | 21.65' x 25.13' | Broadloom |
| Sunroom | Bsmt | 9.32' x 24.15' | Broadloom, Walk-Out |
| Sitting | 2nd | 16.90' x 14.24' | Hardwood Floor |
| Mudroom | Main | 6.04' x 10.60' | Tile Floor, Walk-Out |
| Laundry | Main | 6.04' x 5.25' | Tile Floor |
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Erin Market Statistics
Erin Price Trend
5992 Eighth Line is a 3-bedroom 4-bathroom home listed for sale at $4,250,000, which is $3,496,879 (464.3%) higher than the average sold price of $753,121 in the last 30 days (December 7 - January 5). During the last 30 days the average sold price for a 3 bedroom home in Erin declined by $374,494 (33.2%) compared to the previous 30 day period (November 7 - December 6) and down $145,879 (16.2%) from the same time one year ago.Inventory Change
There were 3 3-bedroom homes listed in Erin over the last 30 days (December 7 - January 5), which is down 85.0% compared with the previous 30 day period (November 7 - December 6) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Erin typically sold ($15,863) (2.1%) below asking price over the last 30 days (December 7 - January 5), which represents a $11,743 increase compared to the previous 30 day period (November 7 - December 6) and $0 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 Erin over the last 30 days (December 7 - January 5) stood at 2,933.3%, up from 65.0% over the previous 30 days (November 7 - December 6) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Erin stood at 22 days when successfully sold over the last 30 days (December 7 - January 5), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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