18 Forest Hill Dr

Cobourg, Cobourg, K9A 4J9
FOR SALE
$869,000
18 Forest Hill Dr, Cobourg
18 Forest Hill Dr
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 1
ROOMS
X9300221
MLSID
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Property Description
Welcome to a rare offering in one of the most sought after communities in Cobourg. This 4+1 bedroom, 4 bathroom home is nestled in an estate subdivision and is framed by mature trees and features 3 separate walk outs to the large back yard that enjoys sun in the afternoon and evenings. The heart of the home is designed for both entertaining and everyday living. 18 Forest Hill boasts an eat-in kitchen, while a separate formal dining room, family room and convenient 2-piece bath on the main level allow for easy entertaining! In addition, a second living area adjacent to the kitchen provides the 3rd walkout to the yard, but also access to the large, 2 car garage. The upper level offers 4 functional bedrooms including the primary suite w/ 4 pc en-suite. The finished basement offers more living space but unique to this residence is the large loft above the garage which enjoys its own kitchenette, 4-pc bath, and large living area suitable for an office, a studio or full in-law suite. Not only does this home offer endless lifestyle opportunity, its also conveniently located close to the 401, schools and other major amenities Cobourg has to offer.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-30 2024-08-30 31 $987,500 - Terminated
2024-07-02 2024-07-30 28 $899,000 - Terminated
Property Features
Hospital, Place Of Worship, School, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
123' x 176'
Acreage
< .50
Lot Irregularities
.49 ACRES
Fronting
West
Taxes
$4,759 (2024)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.78' x 19.85'Window
DiningMain11.61' x 9.91'W/O To Deck
KitchenMain11.65' x 22.54'Pantry, Stainless Steel Appl, W/O To Deck
Prim Bdrm2nd14.44' x 13.91'Double Closet, 4 Pc Ensuite
2nd Br2nd10.40' x 11.78'Window
3rd Br2nd10.37' x 9.45'Window
4th Br2nd8.60' x 9.84'Window
Loft2nd16.14' x 23.43'4 Pc Bath, Skylight
FamilyMain11.65' x 20.34'W/O To Yard
RecLower11.52' x 24.57'
Cobourg Market Statistics
Cobourg Price Trend
18 Forest Hill Dr is a 4-bedroom 4-bathroom home listed for sale at $869,000, which is $136,500 (18.6%) higher than the average sold price of $732,500 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Cobourg declined by $6,500 (0.9%) compared to the previous 30 day period (July 17 - August 15) and down $108,437 (12.9%) from the same time one year ago.
Inventory Change
There were 19 4-bedroom homes listed in Cobourg over the last 30 days (August 16 - September 14), which is up 46.2% compared with the previous 30 day period (July 17 - August 15) and up 90.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Cobourg typically sold ($11,950) (1.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $13,150 decrease compared to the previous 30 day period (July 17 - August 15) and $5,481 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 Cobourg over the last 30 days (August 16 - September 14) stood at 10.5%, down from 38.5% over the previous 30 days (July 17 - August 15) and down from 320.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Cobourg stood at 23 days when successfully sold over the last 30 days (August 16 - September 14), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Service Real Estate Inc.
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