11 Palomino Dr

Carlisle, Hamilton, L0R 1H3
FOR SALE
$2,900,000
11 Palomino Dr, Hamilton
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3 + 2
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
10 + 9
ROOMS
X12015782
MLSID
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Property Description
Rare Opportunity in Palomino Estates! Introducing an exceptional custom bungalow that redefines luxury living, nestled in the prestigious Palomino Estates. This architectural masterpiece spans over 8,000 sq ft of meticulously designed living space, tailored for the most discerning buyer. As you step through the grand coved ceiling entry, you are welcomed into the expansive Great Room featuring soaring ceilings and an abundance of natural light from oversized windows, all framing a stunning floor-to-ceiling ledge rock gas fireplace. The space is complemented by a fully equipped, elegant wet bar, perfect for entertaining guests. The gourmet eat-in kitchen is a chef's dream, offering top-of-the-line appliances, a spacious pantry, and a built-in Weber BBQ, all accented by a cozy gas fireplace. The large primary suite, also with a gas fireplace, opens onto a serene sunroom complete with a hot tub your personal retreat. Two additional generously sized bedrooms and a private office off the front entry round out the main level. Descend to the lower level, where you'll find a fully equipped theater room, a state-of-the-art fitness room, a recreation area, two spacious bedrooms, and two beautifully appointed bathrooms. A second full kitchen on this level opens to a backyard oasis that will take your breath away featuring a 30 x 40 inground pool, hot tub, stone terrace, and a charming cabana, perfect for year-round relaxation and entertainment. Every detail of this home has been thoughtfully designed, from the solid doors and high baseboards to the custom-built cabinetry and wardrobes, ensuring a level of craftsmanship and luxury that is second to none. This extraordinary property offers the perfect balance of everyday living and sophisticated entertaining. Welcome home!
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
74' x 325'
Lot Irregularities
73.90ft x 250.52ft x 278.27ft x 325.5
Fronting
South
Taxes
$18,544 (2024)
Basement
Finished, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
12
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain9.58' x 7.25'
OfficeMain12.01' x 14.34'
LivingMain28.67' x 29.99'
OtherMain11.15' x 8.83'
KitchenMain23.26' x 20.01'
BreakfastMain17.49' x 19.32'
PantryMain8.50' x 6.43'
DiningMain17.75' x 12.60'
Prim BdrmMain24.25' x 14.07'W/I Closet, Sauna
BathroomMain13.42' x 13.09'5 Pc Ensuite
OtherMain17.75' x 19.26'Hot Tub
BrMain14.76' x 11.91'
Hamilton Market Statistics
Hamilton Price Trend
11 Palomino Dr is a 3-bedroom 5-bathroom home listed for sale at $2,900,000, which is $2,104,696 (264.6%) higher than the average sold price of $795,304 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $14,590 (1.8%) compared to the previous 30 day period (December 22 - January 20) and up $4,194 (0.5%) from the same time one year ago.
Inventory Change
There were 282 3-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 83.1% compared with the previous 30 day period (December 22 - January 20) and up 34.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($17,171) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $7,920 increase compared to the previous 30 day period (December 22 - January 20) and ($12,854) 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 3-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 50.0%, down from 73.4% over the previous 30 days (December 22 - January 20) and down from 78.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (January 21 - February 19), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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