2048 Peak Pl

FOR SALE
$3,050,000
2048 Peak Pl, Oakville
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4 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
W8247650
MLSID
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Property Description
Welcome to 2048 Peak Pl, a modern masterpiece nestled against a serene ravine backdrop. This stunning home underwent a $700K renovation in 2021 and now offers nearly 5,500 sq ft of luxury living space, redesigned top-to-bottom with high-end materials and impeccable detail. The chefs kitchen boasts custom cabinetry, CaesarStone quartz countertops, a La Cornue gas range, a JennAir integrated refrigerator, and other premium built-in appliances. An open-concept layout, an impressive two-story great room, custom glass partitions, expansive heritage windows, and 5-inch plank solid white oak hardwood flooring throughout create a fresh, modern, sun-filled oasis. Luxurious bathrooms feature exquisite marble tiling and custom remote-controlled window coverings. Cozy gas fireplaces and resort-style amenities such as a heated in-ground pool, hot tub, and meticulously maintained gardens elevate the living experience. Two separate offices provide ideal work-from-home spaces, complemented by a comprehensive sprinkler system and more. Perfectly blending modern luxury with welcoming warmth, 2048 Peak Pl epitomizes sophisticated living for those who appreciate the finer details in life.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-10 2024-04-20 10 $3,199,000 - Terminated
2020-08-20 2020-09-06 17 $1,748,800 $1,691,000 Sold
Extras
roof 2020, furnace/ac, pool heater, salt chlorinator, sand filter 2019
Nearby Intersections
Property Features
Wooded/Treed
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
66' x 100'
Lot Irregularities
112.57 X 57.38 X 10.16 X 99.97X 65.72
Fronting
East
Taxes
$8,540 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain13.25' x 17.06'Hardwood Floor, O/Looks Frontyard
DiningMain11.15' x 18.04'Hardwood Floor, Combined W/Family, O/Looks Ravine
KitchenMain10.33' x 28.25'Modern Kitchen, Breakfast Area, Combined W/Dining
FamilyMain14.44' x 14.44'Hardwood Floor, Fireplace, Double Stairs
Prim Bdrm2nd16.08' x 17.06'O/Looks Garden, Hardwood Floor, 5 Pc Ensuite
2nd Br2nd11.68' x 19.03'Hardwood Floor, O/Looks Frontyard, Closet
3rd Br2nd11.65' x 15.58'Hardwood Floor, O/Looks Frontyard, Closet
4th Br2nd15.49' x 10.60'Hardwood Floor, Closet
Office2nd8.60' x 13.65'Hardwood Floor, O/Looks Family
RecBsmt16.11' x 31.59'Vinyl Floor, Combined Wi/Game
BrBsmt12.01' x 14.17'Vinyl Floor, Closet
ExerciseBsmt12.01' x 13.62'Vinyl Floor, Window
Oakville Market Statistics
Oakville Price Trend
2048 Peak Pl is a 4-bedroom 4-bathroom home listed for sale at $3,050,000, which is $964,062 (46.2%) higher than the average sold price of $2,085,938 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $5,518 (0.3%) compared to the previous 30 day period (March 2 - March 31) and down $12,904 (0.6%) from the same time one year ago.
Inventory Change
There were 189 4-bedroom homes listed in Oakville over the last 30 days (April 1 - April 30), which is up 44.3% compared with the previous 30 day period (March 2 - March 31) and up 54.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($42,910) (2.1%) below asking price over the last 30 days (April 1 - April 30), which represents a $35,474 decrease compared to the previous 30 day period (March 2 - March 31) and $10,244 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 4-bedroom homes in Oakville over the last 30 days (April 1 - April 30) stood at 64.6%, up from 62.6% over the previous 30 days (March 2 - March 31) and down from 75.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oakville stood at 20 days when successfully sold over the last 30 days (April 1 - April 30), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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