Welcome to this remarkable Bungalow-Raised farm located in the coveted neighborhood of Rural Houghton. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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.
Welcome to your private countryside escape-where lifestyle meets opportunity. Set on just under 50 acres of peaceful forest and open land, this exceptional hobby farm offers not only a stunning place to call home, with a fully functioning Airbnb or guest retreat. Approximately 40 acres of scenic wooded trails invite year-round exploration, while just under 10 acres of workable land with an irrigation pond provide space for farming, recreation, or expansion. The beautifully maintained 3-bedroom, 2-bath raised bungalow showcases pride of ownership throughout, featuring a newer steel roof, propane furnace, main floor laundry, a carport, and a spacious deck to soak in the tranquil surroundings. What truly sets this property apart is the fully equipped, four-season guest house-complete with hydro, hot water, propane heating, full bathroom, and 2-bed loft. Whether hosting short-term rentals, extended family, or creating a private retreat experience, the setup is generating additional income. The property continues to impress with a large barn/workshop and outbuildings (all with hydro and water), a backup propane generator servicing the entire property, and two solar panel systems providing supplemental monthly income. Thoughtful extras include landscaped gardens with a pond, a dedicated art studio/garden shed. A rare opportunity to own a turn-key rural retreat with built-in income potential-perfect for those looking to live, host, and invest all in one place.
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Accessory Apartment, Water Heater Owned, Propane Tank, Built-In Oven, Water Treatment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 775 4th Concession Road, Norfolk, ON N0E 1G0
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 Norfolk.
About Purchasing a Home in Norfolk, ON
For a property listed at $1,599,000 in Norfolk, the legal minimum down payment is $319,800 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 $28,455 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,455.
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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.