50-acre Hobby Farm with Barn and Workshop near Mansfield Ski Club

Property details for 716300 1st Line E, Mulmur

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Stories: 1
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Propane, Wood
Cooling: None
Exterior: Brick, Stone
Annual Taxes: $2,887

Out past Mansfield, where the pavement ends and the hills roll on forever, sits this 50-acre hobby farm in the heart of Mulmur. You're just 9.8 km from the ski club and 8.8 km from Mono Cliffs Provincial Park, with the Bruce Trail and a large swath of Crown land practically in your backyard. The bungalow itself is solid and classic, with brick and stone exterior, hardwood and ceramic floors inside, and a wood-burning stove in the great room that'll keep you warm on those cold winter nights. There are 4 bedrooms total but only 3 up, plus a rec room in the finished basement for the kids or a home gym. The attached garage holds 12 vehicles if you've got a fleet, and outside you've got a barn, a driveshed, an insulated shop, paddocks, stalls, and pasture all set up for whatever animals or projects you dream up. Property taxes are a laughably low $2,886.53 a year. Price is set at $1.9M, which lines up with the only other active listing nearby in the area right now. This one's about the land, the quiet, and the freedom. If you need to be close to town, it's a 9 minute drive into Shelburne for groceries or a bite at The Globe Restaurant.

About 716300 1st Line E, Mulmur — Property Score

Strong Investment Great Location

Score: 66/100

Value

Priced 15.2% above area median of $1,649,900 based on 27 comparable properties nearby 47

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 fewer than similarly priced properties nearby 48

Location

$90K median household income - above the Canadian average of $70K 75

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

98% homeownership rate - indicating a stable, owner-occupied community 98

56% of residents commute under 30 minutes - good commuting convenience 74

10/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 279 days on market 100

+5.5% median price change over 1 month - rising prices in the area 78

23 months of housing supply - 23 active listings with 1 sold last month (buyer's market) 40

Features

12-car garage - more than the area average of 11.1 spots 95

Finished, N/A basement - adds valuable living space 85

standard forced air system 75

None 30

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.15% effective tax rate ($2,886/yr) - very low tax burden 96

Quality

Condition

Listing

50 photos provided - 22% more than the area average of 41 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.