27 Glen Meadow Lane

FOR SALE
$5,250,000
27 Glen Meadow Lane, Richmond Hill
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3 + 1
BEDROOMS
7
BATHROOMS
1 + 1
KITCHENS
8 + 5
ROOMS
N7218476
MLSID
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Property Description
Nestled on a sprawling 1.74-acre estate, this remarkable walk out bungalow residence offers a lifestyle of pure luxury and tranquility. The property boasts an expansive, lush backyard that's a private oasis, complete with an inviting inground pool and a cabana featuring its own washroom. Inside you'll be greeted by oversized principle rooms that are perfect for both relaxation and entertainment. The bedrooms are generously proportioned, offering the utmost in comfort and privacy. For the culinary enthusiast, the chef's kitchen is a dream come true, equipped with top-of-the-line appliances and designed with both functionality and aesthetics in mind. With a spacious 4-car garage, with stair access to lower level there's ample room for your vehicles and more. The open-plan layout of this bungalow exudes a sense of airiness and modern elegance, making it an ideal canvas for your personal touch and design aspirations. Experience the pinnacle of estate living in this extraordinary property.
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Acreage
.50-1.99
Fronting
South
Taxes
$19,078 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
10
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.67' x 22.08'Broadloom, Gas Fireplace, Picture Window
DiningMain15.03' x 20.93'Gas Fireplace, Granite Floor, Pot Lights
KitchenMain23.75' x 25.10'Granite Floor, Centre Island, Combined W/Family
FamilyMain18.80' x 20.01'Broadloom, Gas Fireplace, Vaulted Ceiling
OfficeMain11.09' x 14.30'Hardwood Floor, B/I Bookcase, French Doors
Prim BdrmMain18.83' x 27.43'Broadloom, W/I Closet, 6 Pc Ensuite
2nd BrMain13.65' x 15.22'Broadloom, W/I Closet, 4 Pc Ensuite
3rd BrMain12.57' x 13.88'Broadloom, W/I Closet, 5 Pc Ensuite
4th BrLower16.77' x 18.47'Broadloom, W/I Closet, 5 Pc Ensuite
Richmond Hill Market Statistics
Richmond Hill Price Trend
27 Glen Meadow Lane is a 3-bedroom 7-bathroom home listed for sale at $5,250,000, which is $3,840,387 (272.4%) higher than the average sold price of $1,409,613 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill declined by $50,971 (3.5%) compared to the previous 30 day period (September 21 - October 20) and down $10,918 (0.8%) from the same time one year ago.
Inventory Change
There were 60 3-bedroom homes listed in Richmond Hill over the last 30 days (October 21 - November 19), which is down 31.8% compared with the previous 30 day period (September 21 - October 20) and down 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Richmond Hill typically sold $5,470 (0.4%) above asking price over the last 30 days (October 21 - November 19), which represents a $46,779 increase compared to the previous 30 day period (September 21 - October 20) and ($36,051) 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 3-bedroom homes in Richmond Hill over the last 30 days (October 21 - November 19) stood at 70.0%, up from 36.4% over the previous 30 days (September 21 - October 20) and up from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 7-bathroom home in Richmond Hill stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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