97 Ridgewood Drive
Paradise, NL, A1L1K9
4 Beds | 4 Baths
$879,900
About the property (MLS: 1291423):
Welcome to your dream home perched above the sparkling waters of Conception Bay! This beautifully crafted custom two-storey with in-law suite home offers the perfect blend of luxury, function, and breathtaking views in one of Newfoundland’s most scenic coastal settings. Step inside and be captivated by the chef’s kitchen, designed with both elegance and practicality in mind. Overlooking the open-concept dining room and living area, this space is perfect for entertaining or enjoying cozy nights by the stone fireplace, all while soaking in sweeping ocean views. The main floor also features a private home office and a separate family room, providing space for work, relaxation, and family gatherings as well as an attached garage. Upstairs, the primary suite is a true retreat, boasting incredible vistas of the bay, a dreamy walk-in closet, and a spa-like ensuite complete with a soaker tub positioned to take full advantage of the panoramic views. Two additional generously sized bedrooms and a modern main bath complete the upper level. The walkout basement is ready for future development and leads directly to your private backyard oasis. Whether you’re planning a home gym, games room, or guest suite, the possibilities are endless. Outside you will be wowed by your two-tiered oversized deck, perfect for morning coffees, outdoor dining, or simply unwinding as the sun sets over the bay. As an added bonus, this home includes a gorgeous attached in-law suite, thoughtfully designed with its own private entrance, kitchen, bathroom, dining nook, and bedroom — ideal for multigenerational living. This property is more than just a house — it’s a lifestyle. Don't miss the opportunity to own this ocean-view gem! (id:56688)
Property Details
Listing ID: 28977045
Address: 97 Ridgewood Drive, Paradise, Newfoundland & Labrador, Canada A1L1K9
Status: Active
Last updated: a month ago ( Oct 10, 2025 )
Year Built: 2010
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Heat Pump, Propane
Sewer: Septic tank
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 3,886 square feet
Price per sq ft: $227
Tax Annual Amount: $5,419
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher
Water Source: Well
Foundation Details: Concrete
Heating: Heat Pump, Propane
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.539413, -52.906798]
Rooms
| Main level | Porch Eating area Bath (# pieces 1-6) Bath (# pieces 1-6) Dining nook Living room Bedroom Kitchen Not known Office Laundry room Living room/Fireplace Kitchen Dining room Foyer | 14x6.2 null 11x12.2 null 7.6x5.6 null 7.7x9 null 8x8 null 15x12 null 12x12.4 null 10x10.6 null 7.4x12.8 null 12x15 null 7.3x10 null 20x14 null 16x14 null 12x15 null 7.4x15 null |
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 8.3x10.3 null 9x14 null 12x11 null 12x15 null 15x14 null |
Basic Calculator
First Mortgage: $703,920
Mortgage insurance premium: $0
Total Financing: $703,920
Rough closing fee (1.5%): ~ $13,199
Total downpayment with estimated closing fee: $189,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,275 | $51,300 |
| Gross rental income (income/principal ratio) | 0.486% | 5.830% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,100 | $13,200 |
| Vacancy | $214 | $2,565 |
| Management Fee | $342 | $4,104 |
| Expense / Income Ratio | 25.73% | 25.73% |
| Cash Flow | $2,620 | $31,440 |
| Net Operating Income (NOI) | $2,620 | $31,440 |
| Capitalization Rate | 0.30% | 3.57% |
