3188 Lakeshore Rd

FOR SALE
$6,999,900
3188 Lakeshore Rd, Burlington
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
3188 Lakeshore Rd
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 5
ROOMS
W8341858
MLSID
Contact Us
Property Description
Welcome to your oasis on the water, where panoramic lake views and luxurious living converge in perfect harmony. This 3+1 bedroom, custom-built bungaloft, only six years old, offers a haven of tranquility and elegance spanning approx 4200 sq ft. of living space. Step inside and be captivated by awe-inspiring waterfront views that greet you from every corner of the house. Immerse yourself in the warmth of heated flooring throughout, ensuring comfort even on the coldest days. The heart of this home is its gourmet kitchen, making culinary adventures a delight. With spacious living areas and meticulously designed interiors, this quality built residence is tailor-made for those who love to entertain. The garage accommodates 3 cars with a car lift and the driveway can hold up to 8. Outside, a visual masterpiece awaitsa stunning infinity edge pool seamlessly blending with the lake, accompanied by a relaxing hot tub. The propertys landscaping is a testament to meticulous care, enhancing the natural beauty of the surroundings. Multiple outdoor living spaces beckon for unforgettable gatherings and entertaining. Whether its a cozy family barbecue or a grand celebration, the possibilities are endless. This waterfront gem offers not just a home but a lifestylea harmonious blend of elegance, comfort, and natural beauty.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-13 2024-01-09 88 $7,299,000 - Terminated
Property Features
Clear View, Hospital, Lake/Pond, Park, School, Waterfront
Property Details
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
2500-3000
Lot Size
100' x 147'
Acreage
< .50
Fronting
South
Taxes
$18,004 (2024)
Basement
Full, Sep Entrance
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain16.83' x 11.52'
LivingMain24.18' x 14.07'
DiningMain13.25' x 18.93'
Prim BdrmMain18.34' x 15.09'
Br2nd19.65' x 12.07'
Br2nd17.59' x 14.40'
RecBsmt27.17' x 29.49'
BrBsmt11.42' x 9.51'
ExerciseBsmt8.33' x 15.68'
LaundryBsmt8.66' x 10.01'
UtilityBsmt10.01' x 9.15'
UtilityBsmt7.68' x 9.51'
Burlington Market Statistics
Burlington Price Trend
3188 Lakeshore Rd is a 3-bedroom 4-bathroom home listed for sale at $6,999,900, which is $5,897,236 (534.8%) higher than the average sold price of $1,102,664 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $119,836 (9.8%) compared to the previous 30 day period (September 22 - October 21) and down $127,324 (10.4%) from the same time one year ago.
Inventory Change
There were 109 3-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is up 0.9% compared with the previous 30 day period (September 22 - October 21) and up 28.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($20,752) (1.9%) below asking price over the last 30 days (October 22 - November 20), which represents a $16,228 increase compared to the previous 30 day period (September 22 - October 21) and ($37,565) more 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 Burlington over the last 30 days (October 22 - November 20) stood at 89.0%, up from 75.9% over the previous 30 days (September 22 - October 21) and up from 51.8% 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 Burlington stood at 32 days when successfully sold over the last 30 days (October 22 - November 20), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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When it comes to waterfront properties, not all are created equal. Welcome to Roseland Terrace, a majestic Tudor Revival Mansion with a history dating back to the early 1900s. Boasting 400 feet of riparian rights on the shores of Lake Ontario, this property is a rare gem in the coveted Tuck/Nelson School district. Its proximity to downtown Burlington and Spencer Smith Park adds to the character. Once the residence of local property developer and author W. D. Flatt, this timeless architectural masterpiece retains its original Gothic door, multi-paned leaded glass windows, and a stunning offset gable roof with elongated eaves. A beautiful solarium offering breathtaking lake views accentuates the property's grandeur. With 4 bedrooms and 4 baths spanning over 3500 sqft, this home blends classic elegance and modern comfort. The bright kitchen features a pantry/wet bar and a breakfast room overlooking Lake Ontario. The living room boasts a gas fireplace, wood panel walls, picturesque lake views, and rejuvenated gardens. The 2nd level, with its arched openings, offers a office/nursery area, a second bedroom with ensuite privileges, and a large primary bedroom with a dressing room and ensuite bath. The 3rd level provides 549 sqft of flexible space, perfect for a media room, studio, or a large 4th bedroom with a reading nook and impressive views. Mechanical upgrades, including a boiler, whole-home air conditioning, and an owned hot water tank, ensure modern comfort, while the lower level with its separate entrance offers possibilities for additional living space. Outside, the expansive property is adorned with flowering trees, perennials, and mature gardens, along with a side and backyard covered porch and a summer stone gazebo overlooking the water. Roseland Terrace is not just a home; it's a living piece of Burlington's rich tradition offering an unparalleled opportunity to own one of the last remaining developable riparian lakefront estates in the Roseland community.
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The Magnificent Custom-Built Residence Sits. Just Outside The Town Of Burlington And Only 10 Minutes Away From The 401 Highway. The Property Total Privacy And Stunning Views Of The Surrounding Natural Beauty With Mount Nemo With Features Available Basement Bowling Line, And Energy Saving, All electric, Hvac and Secure Alarm With Cameras Smart Control Home System. The interior Is Adorned With Beautiful, And Main Floors All Ceramic Floor Covered By Heated Water Pipes line. Main Floor 2 Full Kitchen. Separate Entrance
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