136 King Lane E
Rural Clarington, Clarington, L0B 1J0
FOR SALE
$1,499,500
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BEDROOMS4
BATHROOMS1
KITCHENS7
ROOMSE11900031
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Property Description
Discover the endless possibilities at 136 King Lane in Hampton! This impressive property spans over 20 breathtaking acres, offering a rare blend of rural charm and incredible development potential. Nestled between areas already zoned for residential use, this property presents a unique opportunity to explore future possibilities while enjoying all the benefits of a >3,000 sq. ft. home. The existing residence is a spacious and well-maintained gem, ideal for comfortable living or rental income while exploring the potential of the surrounding acreage. Featuring bright and open living spaces, ample bedrooms, and a layout perfect for families or multi-generational living, the home complements the natural beauty of its setting. The true highlight is the expansive land a mix of open fields, treed areas, and stunning views. Whether you're envisioning farming, recreational uses, or simply having a private retreat to call your own, the potential is endless. Situated near established residential zones, this property offers significant long-term investment appeal for those with a vision. Close to schools, parks, and local amenities, 136 King Lane combines the tranquility of rural living with the convenience of nearby urban centers. Buyers are encouraged to conduct their own due diligence regarding any potential changes or rezoning opportunities. Don't miss your chance to own this one-of-a-kind property that blends residential comfort with vast potential ideal for those seeking both lifestyle and opportunity.
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Extras
Buyers must conduct their own due diligence regarding zoning or development potential.
Property Features
Park, Rec Centre, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
656' x 1,316'
Acreage
10-24.99
Fronting
East
Taxes
$4,943 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Abv Grnd
Parking Spaces
5
Driveway
Available
Garage Type
Carport
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Clarington Market Statistics
Clarington Price Trend
136 King Lane E is a 3-bedroom 4-bathroom home listed for sale at $1,499,500, which is $685,362 (84.2%) higher than the average sold price of $814,138 in the last 30 days (December 17 - January 15). During the last 30 days the average sold price for a 3 bedroom home in Clarington declined by $72,469 (8.2%) compared to the previous 30 day period (November 17 - December 16) and up $3,735 (0.5%) from the same time one year ago.Inventory Change
There were 26 3-bedroom homes listed in Clarington over the last 30 days (December 17 - January 15), which is down 13.3% compared with the previous 30 day period (November 17 - December 16) and up 4.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Clarington typically sold ($14,400) (1.8%) below asking price over the last 30 days (December 17 - January 15), which represents a $15,868 decrease compared to the previous 30 day period (November 17 - December 16) and ($18,999) 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 Clarington over the last 30 days (December 17 - January 15) stood at 65.4%, down from 93.3% over the previous 30 days (November 17 - December 16) and down from 104.0% 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 Clarington stood at 26 days when successfully sold over the last 30 days (December 17 - January 15), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Slavens & Associates Real Estate Inc.
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