For sale · MLS® 1304906
53 Lawrence Pond Road E
Conception Bay South, NL, A1X4C3
List price
$1,550,000
About this propertyMLS® 1304906
Welcome to your own private estate, where luxury craftsmanship, resort-style amenities, and the beauty of nature come together to create an extraordinary place to call home. Set on a beautifully treed propertand sitting on 6.5 private acres and offering exceptional privacy, this custom-built residence delivers an unparalleled lifestyle just minutes from everyday conveniences. House has been fully renovated since 2022-23. Thoughtfully designed with entertaining and family living in mind, the bright open-concept main level showcases soaring ceilings, expansive windows, wide-plank hardwood flooring, and an abundance of natural light throughout. At the heart of the home is a spectacular chef's kitchen featuring custom cabinetry, premium appliances, an oversized granite island, beverage fridge, built-in microwave, designer lighting, and generous prep and storage space. The kitchen flows seamlessly into the spacious living area, where oversized windows allow views of the surrounding landscape. Step outside to your own backyard retreat to sit by the in-ground pool, unwind in the hot tub beneath the stars, or relax and cast a line in the beautiful fish pond (yes it has real trout!). The downstairs area houses a recreation area with full bathroom, a 3+ vehicle garage as well as a single car garage on the opposite side. Property also includes right of way pond access to Lawrence Pond with ability to erect wharf or boathouse structure right on the shoreline. Whether hosting gatherings or enjoying quiet evenings at home, this stunning home offers complete privacy and a true estate lifestyle. Major renovations since 2022-23: new heat pump system, kitchen cabinets and countertops, flooring, all windows and doors replaced, roof, pool fully resurfaced, new pool stone pool deck, new pool heater and pump, new hot tub, epoxy flooring and cabinetry in garage, extensive landscaping, full interior painted, exterior patios replaced. (id:56688)
Property details
Coordinates: [47.468734, -53.044236]
Rooms
| Main level | Bath (# pieces 1-6) Primary Bedroom Living room Kitchen Laundry room Bedroom Ensuite Dining room Family room Bath (# pieces 1-6) Bedroom | 9.5x4.8 null 16x15 null 21x24 null 20.3x17 null 7.8x8.1 null 11.2x10 null 20.2x10.6 null 21x18.7 null 13x22.4 null 9.5x4.8 null 15.3x10.8 null |
| Basement | Bath (# pieces 1-6) Recreation room | 9.6x8.3 null 18.4x21 null |
Basic Calculator
First Mortgage: $1,240,000
Mortgage insurance premium: $0
Total Financing: $1,240,000
Rough closing fee (1.5%): ~ $23,250
Total downpayment with estimated closing fee: $333,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,425 | $53,100 |
| Gross rental income (income/principal ratio) | 0.285% | 3.426% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,938 | $23,256 |
| Vacancy | $222 | $2,655 |
| Management Fee | $354 | $4,248 |
| Expense / Income Ratio | 43.80% | 43.80% |
| Cash Flow | $1,912 | $22,944 |
| Net Operating Income (NOI) | $1,912 | $22,944 |
| Capitalization Rate | 0.12% | 1.48% |
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