4028 Millar Cres

FOR SALE
$3,750,000
4028 Millar Cres, Burlington
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
4028 Millar Cres
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
W8262820
MLSID
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Property Description
Cottage living within city limits. Nestled on a hill is this stunning home in a spectacular setting. You will be captivated by the cozy open plan with gorgeous views from every window. This lovely home boasts a modern, large kitchen open to a spacious great room and a generous patio that overlooks the city. You will find 3 bedrooms and 2 full baths on this level. The lower level offers a charming family room with wood burning fireplace, an additional bedroom, full bathroom and office.(Could easily be an in-law suite with separate entrance). This 1.7 acre property has an incredible outdoor entertainment area with inground pool, outdoor kitchen, gas fireplace and seating area. This property is a nature lovers paradise with 2 ponds surrounded by a horseshoe rock quarry wall, home to a nesting pair of Great Horned Owls and a visiting Blue Heron. RSA
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-27 2022-07-18 52 $2,999,000 $2,999,000 Sold
Property Features
Clear View, Electric Car Charger, Fenced Yard, Golf, Grnbelt/Conserv, Hospital
Property Details
Property Type
Rural Resid, Other
Approximate Sq.Ft.
3500-5000
Lot Size
171' x 323'
Acreage
.50-1.99
Fronting
North
Taxes
$6,777 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Great RmGround13.42' x 16.57'
DiningGround13.42' x 10.50'
KitchenGround10.76' x 31.17'
Prim BdrmGround18.01' x 12.07'
2nd BrGround15.26' x 15.58'
3rd BrGround11.75' x 12.01'
4th BrLower9.51' x 12.60'
FamilyLower20.24' x 25.00'
OfficeLower11.32' x 12.50'
Burlington Market Statistics
Burlington Price Trend
4028 Millar Cres is a 3-bedroom 3-bathroom home listed for sale at $3,750,000, which is $2,410,916 (180.0%) higher than the average sold price of $1,339,084 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $155,115 (13.1%) compared to the previous 30 day period (March 6 - April 4) and up $74,103 (5.9%) from the same time one year ago.
Inventory Change
There were 132 3-bedroom homes listed in Burlington over the last 30 days (April 5 - May 4), which is up 59.0% compared with the previous 30 day period (March 6 - April 4) and up 13.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold ($8,311) (0.6%) below asking price over the last 30 days (April 5 - May 4), which represents a $17,173 decrease compared to the previous 30 day period (March 6 - April 4) and $22,034 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 Burlington over the last 30 days (April 5 - May 4) stood at 81.8%, down from 90.4% over the previous 30 days (March 6 - April 4) and down from 104.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Burlington stood at 9 days when successfully sold over the last 30 days (April 5 - May 4), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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