1387 Ferncrest Rd

FOR SALE
$2,899,999
1387 Ferncrest Rd, Oakville
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
1387 Ferncrest Rd
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4 + 2
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
10 + 4
ROOMS
W11908777
MLSID
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Property Description
Welcome to 1387 Ferncrest Road, where luxury living meets the charm of Oakville's prestigious Joshua Creek! This exquisite 4+2 bedroom, 4+2 bathroom home is impeccably finished across all three levels and sits on a premium lot featuring a saltwater pool and landscaped grounds. The main level has been designed for seamless family living and entertaining. From the open-concept living and dining rooms to the inviting family room with a gas fireplace and coffered ceiling, every detail exudes sophistication. A private office opens to the patio through French doors, offering a quiet retreat. The gourmet kitchen boasts granite countertops, S/S appliances, an island, pantry, and a sunlit breakfast area with a walk-out to the patio -perfect for effortless indoor-outdoor living. Upstairs, unwind in the spacious primary suite featuring a walk-in closet, second closet, and a spa-inspired five-piece ensuite complete with double vanities, glass shower, and luxurious Jacuzzi tub. The second bedroom enjoys its own three-piece ensuite and walk-in closet, while two additional bedrooms share a three-piece ensuite, ensuring every family member has their own space to relax. The professionally finished basement offers even more living space designed with versatility in mind. Enjoy an expansive recreation room with custom bookshelves and cozy fireplace, a second kitchen with granite countertops, and a second laundry room. This level is perfect for guests or extended family. Step into your backyard sanctuary, where an inground heated saltwater pool takes centre stage. Surrounded by a tiered stone patio and lush gardens, this retreat is the ultimate setting for relaxation, summer gatherings, or quiet evenings under the stars. Situated in a sought-after, family-friendly neighbourhood, this home is close to top-rated schools, parks and trails, shopping, highways, and essential amenities. 1387 Ferncrest Road isn't just a home - its a lifestyle of unparalleled comfort, elegance and convenience!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-25 2024-12-02 68 $3,070,117 - Terminated
2024-07-08 2024-09-25 79 $3,150,000 - Terminated
Extras
Please note: some images contain virtual staging.
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 130'
Acreage
< .50
Fronting
North
Taxes
$11,531 (2024)
Basement
Finished, Full
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.98' x 14.70'Hardwood Floor, Crown Moulding, Open Concept
DiningMain12.99' x 13.81'Hardwood Floor, Crown Moulding, Open Concept
KitchenMain12.04' x 14.76'Granite Counter, Stainless Steel Appl, Tile Floor
BreakfastMain12.04' x 8.46'Open Concept, Tile Floor, W/O To Patio
FamilyMain15.45' x 17.98'Hardwood Floor, Gas Fireplace, Coffered Ceiling
OfficeMain9.65' x 11.52'Hardwood Floor, French Doors, W/O To Patio
Prim Bdrm2nd18.50' x 18.14'5 Pc Ensuite, Hardwood Floor, W/I Closet
2nd Br2nd19.00' x 13.75'3 Pc Ensuite, Hardwood Floor, W/I Closet
3rd Br2nd12.99' x 12.99'Hardwood Floor, Pot Lights, Semi Ensuite
4th Br2nd13.55' x 18.34'Hardwood Floor, Pot Lights, Semi Ensuite
RecBsmt26.87' x 24.97'Laminate, Electric Fireplace, B/I Bookcase
KitchenBsmt15.85' x 14.67'Granite Counter, Pantry, Tile Floor
Oakville Market Statistics
Oakville Price Trend
1387 Ferncrest Rd is a 4-bedroom 6-bathroom home listed for sale at $2,899,999, which is $747,724 (34.7%) higher than the average sold price of $2,152,275 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $64,906 (3.1%) compared to the previous 30 day period (November 19 - December 18) and up $274,984 (14.6%) from the same time one year ago.
Inventory Change
There were 97 4-bedroom homes listed in Oakville over the last 30 days (December 19 - January 17), which is up 2.1% compared with the previous 30 day period (November 19 - December 18) and up 106.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($63,318) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,146 increase compared to the previous 30 day period (November 19 - December 18) and ($95,235) 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 4-bedroom homes in Oakville over the last 30 days (December 19 - January 17) stood at 45.4%, down from 117.9% over the previous 30 days (November 19 - December 18) and down from 72.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Oakville stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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