3365 Vernon Powell Dr
Rural Oakville, Oakville, L6H 0Y3
FOR SALE
$2,475,000
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4 + 2
BEDROOMS5
BATHROOMS1
KITCHENS8 + 3
ROOMSW8269456
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Property Description
Lush ravine! Contemporary showpiece finished from top-to-bottom! Welcome to 3365 Vernon Powell Drive, situated on a premium 114' deep lot in one of N. Oakville's most prestigious communities. This impeccably crafted home is a haven of modern luxury, thoughtfully designed for both comfort and entertainment. This residence offers an unparalleled lifestyle, surrounded by an array of amenities including parks, trails, top-rated schools, shopping centres, restaurants, hospital, and easy access to major highways. Infused with natural light and designed for entertaining, the seamless flow from the dining room to the living room with a gas fireplace creates an inviting atmosphere. An adjacent office provides convenience and functionality. The chef's kitchen is a dream, boasting high-gloss white cabinetry with pull-out drawers, quartz countertops and backsplash, top-of-the-line KitchenAid appliances, an oversized island comfortably seating four, and a walk-out to the back yard. Ascending to the upper level, you'll discover a lavish primary suite featuring dual walk-in closets and a spa-like five-piece ensuite with double sinks and a freestanding bathtub, two bedrooms sharing a four-piece bathroom, a fourth bedroom with its own four-piece ensuite, as well as a laundry room. The professionally finished basement offers an expansive recreation room with a wet bar, two additional bedrooms/dens, three-piece bathroom, and a second laundry room. Highlights include 10' ceilings throughout the main level, hardwood floors throughout the main and upper levels, an abundance of pot lights, a mud room with garage access, and hardwood staircases with wrought iron pickets. Step outside to the serene back yard retreat, bordered by a ravine with no rear neighbours. A natural stone patio, gazebo, and meticulously manicured gardens provide an idyllic backdrop for relaxation and al fresco dining. With every detail meticulously curated, this turn-key residence offers the epitome of luxury living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-15 | 2023-09-30 | 107 | $2,550,000 | - | Expired |
| 2022-07-28 | 2022-07-31 | 3 | $2,098,000 | $2,025,000 | Sold |
| 2022-07-02 | 2022-07-28 | 26 | $2,450,000 | - | Terminated |
| 2022-06-03 | 2022-07-02 | 29 | $2,500,000 | - | Terminated |
Property Features
Fenced Yard, Level, Ravine
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
38' x 115'
Acreage
< .50
Fronting
East
Taxes
$8,080 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.50' x 18.77' | Gas Fireplace, Hardwood Floor, Open Concept |
| Dining | Main | 14.50' x 12.17' | Hardwood Floor, Pot Lights, Open Concept |
| Kitchen | Main | 14.76' x 19.00' | Quartz Counter, Stainless Steel Appl, W/O To Patio |
| Office | Main | 6.82' x 10.07' | Hardwood Floor, Pot Lights |
| Prim Bdrm | 2nd | 15.16' x 15.09' | 5 Pc Ensuite, Hardwood Floor, W/I Closet |
| 2nd Br | 2nd | 12.07' x 10.99' | Hardwood Floor, Semi Ensuite |
| 3rd Br | 2nd | 12.07' x 10.99' | Hardwood Floor, Semi Ensuite |
| 4th Br | 2nd | 13.32' x 15.75' | 4 Pc Ensuite, Hardwood Floor |
| Laundry | 2nd | 7.91' x 6.07' | |
| Rec | Bsmt | 20.18' x 24.08' | Laminate, Pot Lights, Wet Bar |
| 5th Br | Bsmt | 8.17' x 12.01' | Laminate, Pot Lights |
| Br | Bsmt | 8.17' x 13.09' |
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Oakville Market Statistics
Oakville Price Trend
3365 Vernon Powell Dr is a 4-bedroom 5-bathroom home listed for sale at $2,475,000, which is $396,552 (19.1%) higher than the average sold price of $2,078,448 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 4 bedroom home in Oakville increased by $27,964 (1.4%) compared to the previous 30 day period (March 5 - April 3) and down $24,207 (1.2%) from the same time one year ago.Inventory Change
There were 206 4-bedroom homes listed in Oakville over the last 30 days (April 4 - May 3), which is up 48.2% compared with the previous 30 day period (March 5 - April 3) and up 53.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oakville typically sold ($43,885) (2.1%) below asking price over the last 30 days (April 4 - May 3), which represents a $32,686 decrease compared to the previous 30 day period (March 5 - April 3) and $7,487 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 4 - May 3) stood at 56.8%, down from 61.9% over the previous 30 days (March 5 - April 3) and down from 76.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Oakville stood at 20 days when successfully sold over the last 30 days (April 4 - May 3), compared to 32 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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