1232 Sprucelea Dr

Eastlake, Oakville, L6J 2E8
FOR SALE
$5,895,000
1232 Sprucelea Dr, Oakville
1232 Sprucelea Dr
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5
BEDROOMS
6
BATHROOMS
1
KITCHENS
15 + 6
ROOMS
W8273790
MLSID
Contact Us
Property Description
Set back on a tree-line pocket of Morrison in southeast Oakville sits this classic coastal colonial family home. Framed w/a mature flowering tree canopy + beautiful perennial gardens dense w/ evergreen shrubs. Linear front portico is a great spot to enjoy morning caf or welcome guests. The interior marries relaxed elegance w/timeless design through an abundance of artisan crafted millwork, oversized glazing w/a classic profile + a purposeful layout w/defined spaces. Layered millwork frames doorways + pass throughs, plaster crown exudes sophistication + a blend of honed travertine + warm stained maple define the living spaces. The formal living enjoys picturesque views w/a gas fireplace + dining provides ample space for large family gatherings.The heart of the home brings a centred flow to the prime living spaces. The kitchen will appease the chef at heart while family eagerly await the next delicious creation from the sunny breakfast area or the cozy Muskoka room. The lush rear garden is perfectly frame from the family room. The utility wing is tucked away w/mudroom, 2nd powder, garage, secondary stairs + additional rear yard access. Main stairs are classic + timeless + the captains window frames the nature view perfectly. The primary is a retreat w/bright sleeping quarters, a generous walk-in + a hotel-worthy ensuite draped in mixed marbles. Four additional well-appointed bedrooms enjoy ensuite privileges + generous storage. LL w/rec room w/built-ins, games space, storage + bonus space to outfit as you please. Adventure + relaxation are equally achieved in the rear yard w/meticulously landscaped grounds + gardens w/layered focal points, inground gunite pool w/stone feature + natural trellis, garden house, raised gardens + mature tree scape. This home speaks to the connected family, the adventurous ones, those looking to create fulfilling + ever evolving memories. Easy access to shopping, GO train + downtown core. Excellent school district.
Property Features
Lake/Pond, Marina, Park, Place Of Worship, Rec Centre, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
120' x 148'
Acreage
< .50
Lot Irregularities
120.20' X 148.26' X 120.20' X 148.25'
Fronting
South
Taxes
$20,432 (2023)
Basement
Finished, Full
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.93' x 21.65'
BreakfastMain11.58' x 11.84'
LivingMain13.09' x 17.85'
DiningMain12.93' x 20.37'
FamilyMain16.08' x 20.34'
SunroomMain10.99' x 19.16'
Prim Bdrm2nd13.85' x 17.26'
2nd Br2nd13.75' x 21.49'
3rd Br2nd11.58' x 12.93'
4th Br2nd13.09' x 13.42'
5th Br2nd12.99' x 13.48'
RecBsmt23.43' x 34.32'
Oakville Market Statistics
Oakville Price Trend
1232 Sprucelea Dr is a 5-bedroom 6-bathroom home listed for sale at $5,895,000, which is $2,846,429 (93.4%) higher than the average sold price of $3,048,571 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 5 bedroom home in Oakville increased by $533,471 (21.2%) compared to the previous 30 day period (March 7 - April 5) and up $355,938 (13.2%) from the same time one year ago.
Inventory Change
There were 31 5-bedroom homes listed in Oakville over the last 30 days (April 6 - May 5), which is up 40.9% compared with the previous 30 day period (March 7 - April 5) and up 63.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oakville typically sold ($181,512) (6.0%) below asking price over the last 30 days (April 6 - May 5), which represents a $193,172 decrease compared to the previous 30 day period (March 7 - April 5) and ($440) 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 5-bedroom homes in Oakville over the last 30 days (April 6 - May 5) stood at 22.6%, down from 45.5% over the previous 30 days (March 7 - April 5) and down from 126.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Oakville stood at 30 days when successfully sold over the last 30 days (April 6 - May 5), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Miller Real Estate Ltd.
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