231 Wedgewood Dr

Eastlake, Oakville, L6J 4R6
FOR SALE
$6,850,000
231 Wedgewood Dr, Oakville
231 Wedgewood Dr
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4 + 2
BEDROOMS
8
BATHROOMS
1
KITCHENS
12 + 7
ROOMS
W9383058
MLSID
Contact Us
Property Description
Immerse yourself in one of South East Oakvilles most prestigious communities, Eastlake, with this unparalleled farmhouse chic estate blending both luxury & exclusivity. This remarkably crafted custom home by Hightower homes presents a sought-after modern interior expanding over 7,000 SF total & offering 4+2 bedrooms & 8 bathrooms. Expansive windows showcase breathtaking views of the garden while allowing an abundance of natural light to illuminate the voluminous living spaces adorned with 10" ceilings, beautiful chandeliers, LED pot lights & B/I speakers thru out. Curated to entertain, the stellar dual tone chefs kitchen with lacquered cabinetry & eat-in breakfast area boasts unobstructed views of the family room with linear fireplace and is designed with high-end Dacor appliances, caesarstone countertops & a butlers servery that extends into the sophisticated dining room where evening soirees are held. Step into your home office elevated with a fireplace flanked by floating shelves, 15" cathedral ceilings & direct access to your garden. Wide plank hardwood floors thru out with a chevron design in both the living and dining rooms. Ascend to the Owners suite designed grande in scale and offering vaulted ceilings, a 2-sided fireplace, a seating area, a wet bar, a boutique inspired walk-in closet & a 5pc ensuite with radiant heated floors and soaker tub. 3 more spacious bedrooms with heated floor ensuites also on this level. The walk up basement is truly an entertainers dream & offers exceptional amenities including: a large rec area, a fully equipped wet bar, a wine cellar, a two tiered theater room, 2 guest bedrooms, a gym with cushioned floors, mirrored walls & built-in speakers as well as a 3pc bathroom with cedar infrared sauna. Whether you are looking for fun or relaxation, the lush and private backyard paradise includes a covered patio with gas fireplace, a built-in kitchen with Napoleon gas bbq, a sparkling salt water pool w/ spillover spa & a play area for the
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-02 2024-10-04 63 $6,988,000 - Terminated
2023-04-24 2023-05-08 14 $6,599,000 $6,350,000 Sold
2020-05-29 2020-06-26 29 $3,888,000 $3,730,000 Sold
2020-02-21 2020-05-28 97 $3,988,000 - Terminated
2019-12-11 2020-05-11 152 $4,299,000 - Expired
2020-02-07 2020-02-22 15 $4,275,000 - Terminated
2019-11-04 2019-12-10 36 $4,299,000 - Terminated
Extras
little ones to enjoy. Exceptional home w/ Control4 system. Unmatched location w/ top private & public schools, lakefront parks, DT Oakville shops & restaurants + quick commute to Toronto via QEW! 2 car garage w/ car lift potential!
Property Features
Fenced Yard, Park, Public Transit, Rec Centre, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
111' x 136'
Acreage
< .50
Fronting
East
Taxes
$23,551 (2024)
Basement
Fin W/O, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain13.91' x 17.95'B/I Appliances, Quartz Counter, Centre Island
BreakfastMain12.83' x 17.95'Pot Lights, W/O To Patio, Hardwood Floor
DiningMain15.81' x 12.93'Pot Lights, Built-In Speakers, Hardwood Floor
LivingMain16.11' x 12.89'Pot Lights, Coffered Ceiling, Led Lighting
FamilyMain13.98' x 17.95'Electric Fireplace, B/I Shelves, Crown Moulding
OfficeMain15.32' x 14.01'Electric Fireplace, Wainscoting, Walk-Out
Prim Bdrm2nd11.84' x 17.91'5 Pc Ensuite, W/I Closet, Electric Fireplace
2nd Br2nd15.91' x 16.47'4 Pc Ensuite, W/I Closet, Pot Lights
3rd Br2nd22.47' x 19.03'3 Pc Ensuite, W/I Closet, Vaulted Ceiling
4th Br2nd16.17' x 11.98'3 Pc Ensuite, Closet, Crown Moulding
RecBsmt39.86' x 17.55'Walk-Up, Wet Bar, Electric Fireplace
ExerciseBsmt16.17' x 11.38'Mirrored Walls, Built-In Speakers, Window
Oakville Market Statistics
Oakville Price Trend
231 Wedgewood Dr is a 4-bedroom 8-bathroom home listed for sale at $6,850,000, which is $4,926,141 (256.1%) higher than the average sold price of $1,923,859 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 4 bedroom home in Oakville declined by $34,937 (1.8%) compared to the previous 30 day period (August 18 - September 16) and up $36,481 (1.9%) from the same time one year ago.
Inventory Change
There were 174 4-bedroom homes listed in Oakville over the last 30 days (September 17 - October 16), which is up 8.1% compared with the previous 30 day period (August 18 - September 16) and down 1.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($80,216) (4.2%) below asking price over the last 30 days (September 17 - October 16), which represents a $25,115 decrease compared to the previous 30 day period (August 18 - September 16) and ($74,586) 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 (September 17 - October 16) stood at 40.8%, down from 41.0% over the previous 30 days (August 18 - September 16) and up from 26.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 8-bathroom home in Oakville stood at 37 days when successfully sold over the last 30 days (September 17 - October 16), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc.
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