This property was sold on February 4, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Blue Mountains. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,395,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This lovely, tasteful bungalow / loft backs onto Monterra's 7th fairway & pond with the beautiful views that come from living on a golf course but protected by and afforded privacy by the adjacent pond. This light-filled home is over 4,000 SF of finished space and offers both open concept and a separate dining room, a gourmet kitchen with a breakfast nook and family TV area with fireplace, plus a more formal living and dining room also with a fireplace. The main floor primary bedroom has a large walk-in closet & ensuite with access out to the rear deck, perfect for adding a hot tub and/or bringing in the dog for a quick clean up. The top floor offers your guest space with two bedrooms and a 4 piece bath, plus a walkout to the upper deck. The full basement has a 3 piece bath and guest bedroom, a cozy TV area with fireplace, a gym area, and an office area, as well as a large storage closet. Two cars can fit in the garage with plenty more space in the driveway when guests arrive. The inviting back deck looks out into the spacious treed back yard, perfect for games and entertaining. Quiet and peaceful, Monterra is still central to so many desirable amenities: Blue Mountain's Resort for shopping, dining, and skiing is just up the hill, Northwinds sandy beach is a 5 minute drive, and downtown Collingwood is a 10 minute drive. Floorplans are available. Heat and hydro currently average $299/month. Basement was completely renovated in 2018-19, and an 18 KW Generac (will power entire home) was installed in 2022 with a 10 year warranty. Leaf Filter gutter guards installed with a lifetime, transferable guarantee. Monterra Estates is renowned for its camaraderie and friendly neighbours, a fabulous place to call home!
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This detached home located at 123 GRAND CYPRESS Lane, Blue Mountains is currently for sale and has been available on SousaSells for 718 days. This property is listed at $1,395,000 with an estimated mortgage of $4,643* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 123 GRAND CYPRESS Lane, Blue Mountains is in the Blue Mountains neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Other, Golf
On Demand Water Heater, Sump Pump
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 123 GRAND CYPRESS Lane, Blue Mountains, ON L9Y 0K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Blue Mountains.
About Purchasing a Home in Blue Mountains, ON
For a property listed at $1,395,000 in Blue Mountains, the legal minimum down payment is $279,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,375 for this transaction. As this listing is in Blue Mountains (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,375.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.