Grand Bend Riverfront – 43 Lakeside Circle

$499,000.00 per lot, 2 available 50' X 190' each, private dock


43 Lakeside Circle, Grand Bend, ON – Grand Bend Riverfront with Grand Bend Lakefront Views

Would you like to get the same views of the beach and sunsets as Grand Bend lakefront owners for a fraction of the price? Check out these two oversized Grand Bend Riverfront building lots on the river in Grand Bend just a minutes’ walk to the beach – fully serviced and ready to go!  Allow me to introduce 43B Lakeside Circle and 43A Lakeside Circle at $499,000 a piece.  Each lot line goes right into the water, boasting private dockage just 100 meters from the lake.  I’m Mike Sloan from Royal LePage Triland, and I’m extremely excited to be offering some of the largest and most exclusive waterfront properties downtown Grand Bend has seen for quite a while.   It’s been almost a decade since this type of Grand Bend Riverfront property has been offered for sale (riverfront with private dockage), and it will likely be long time to come once these are sold!

Why is Grand Bend Riverfront so Valuable?

Here, fronting the Grand Bend Harbour, you get all the benefits of being right downtown, but instead of watching densely packed crowds & busy Village traffic, your day to day view will be that of boats peacefully embarking onto the open water with South Beach and a world class sunset as your backdrop. Your days of waiting in line at the boat launch are over! Any time you want to hit the lake, all you have to do is walk out your front door. And, as soon as you need some beach time, it’s a 1 minute walk from your driveway!   In fact, as you view the surroundings in the aerial tour, you’ll see that you’re just a few minutes’ walk to everything, but with the privacy of the river as your front yard!

Grand Bend Riverfront Comparables & Sizing

Riverview sales several blocks up on Dietrich Crescent (NOT Riverfront, no dock space)

  • $520,000 in May 2016 with modest house on smaller lot
  • $435,000 in June 2015 for tear down house on smaller lot

Relevant downtown sales

  • $920,000 in March of 2016 for 40′ lakefront with modest house on smaller lot
  • $235,000 in July 2016 for tear down house several blocks from beach on 40′ x 80′ lot, much smaller lo

As shown in this list, recent sales in downtown are fetching big money, with the two recent riverview sales fetching big bucks for modest to tear down homes.  Yes, you can see the river from these other two properties on Dietrich Crescent, but the land does not include the dock.  And look at how much they sold for 2 to 3 blocks further from the beach!  They aren’t even riverfront!  Other recent sales demonstrate that on the whole, downtown is still booming with an extremely small lakefront property going for $920,000 in March of 2016 and a tear down cottage on a 40’ X 80’ lot just selling for $235,000 in July of 2016.  My two water front river lots at 50′ wide by about 190′ deep with private docks at $499,000 a piece are literally 3 times the size of that village lot that just sold for $235,000, and they are definitely not three times the price!  And for the buyer that is prepared to make an offer on both lots – that’s where my seller will be motivated to provide some deep discounts on the asking price. Both lots are owned by the same owner.  Bottom line, there really isn’t a debate that these lots are priced to move.  The question is, who is going to move first?

Out of every riverfront lot on the lake side of the highway with private dock space, these are the two deepest parcels with almost 200’ per lot. And remember, in downtown Grand Bend, you’re on sewers, so your setbacks allow for more house on a smaller lot compared to the pricier waterfront properties in the outlying subdivisions on septic tanks.  With 50’ of frontage or 100’ if you buy both, you should have no issue building your dream home on these lots.

So, it’s just a matter of time before buyers realize how much value for their money they’ll be getting here at 43 Lakeside Circle, Grand Bend, ON. In fact, it’s been almost a decade since any of the riverfront properties in this cluster of private dock lots have sold.  In 2006, there was a sale 2 doors away for a 55’ wide lot with only 110’ feet of depth.  This lot did contain a solid home, which now, ten years later, would likely be valued at over a million bucks.  4 doors away, in 2008, a larger home sold for $850,000.  With substantial market appreciation since that time, this should demonstrate the respectable potential for both of these properties at a price of $499,000 each.

Think of it this way – Do you want to pay millions of dollars for a lakefront parcel with a tear down home, or pay less than half that price for a property that provides the same views of the lake, beach, and sunsets but with a private boat docks instead of a busy shoreline? It’s a riverfront lakefront hybrid and you’re still only steps to this incredible beach!  And remember, these lots are fully serviced and ready to go with a clean footprint, not an old cottage that needs to be demolished.  Again, the same owner is selling both lots & is open to negotiating a discounted price for the package.   To learn more about just how good of a deal you could get on both properties, give me a call at (519) 870-7650 any time to discuss.   I’m Mike Sloan, and I’ll see you at the beach!

Additional Details

  • Fully Serviced - Gas, Water, Hydro
  • Private Dockage
  • Municipal Water
  • Municipal Sewers
  • Building Plans Available
  • Choose Your Builder

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