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4390 Highway 7

4390 Highway 7

Asphodel-Norwood, ON

3 bed • 3 bath • approx. 3500-5000 sqft • Detached • 23 days on market

$880,000

Perched at the very top of Norwood, this custom-built estate doesn't just overlook the landscape-it owns it. More than 4,500 square feet of meticulously crafted living space sits on a private 2-acrehillside lot, with sweeping views that cascade over a serene pond, rolling meadows, and whispering pines. Expansive windows pull the outdoors in at every turn, while the wrap around deck becomes your private stage for morning coffee, evening sunsets, and starlit nights by the pool and hot tub. This is pride of ownership in its purest form-built and cherished by the original owners with an eye for quality and permanence. The setting is equally compelling: a quiet Kawartha Lakes village where the annual Norwood Fair still draws the community together and trails along the Otonabee River are just minutes away. Yet you're only 20 minutes from Peterborough's shops, restaurants, and amenities. With its elevated position, generous grounds, and timeless construction, the property also carries clear potential as a distinctive bed & breakfast-inviting guests to experience the same sense of escape and beauty that has defined this home for years. This isn't just a house at the top of the town. It's the kind of place that feels like a legacy waiting for its next chapter.

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Listing Details

Taxes (2025)
$6,964
Listed
August 4, 2026

Price History

Property

Style
2-Storey
Age
16-30
Construction
Vinyl Siding, Stone
Roof
Asphalt Shingle, Metal
Foundation
Piers, Poured Concrete
Interior
Air Exchanger, Auto Garage Door Remote, Bar Fridge, Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter, Water Softener
Lot Size
32.6 x 469.22 Feet

Utilities

Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
County Road 40 & No 7
Parcel Number
282200341
Possession
Flexible

Commercial

Occupancy
Owner

Included

Inclusions
All electrical light fixtures & window coverings, washer, dryer, fridge, stove, dishwasher, wine fridge, microwave, upright freezer, downstairs fridge, pool table, hot tub, above ground pool, electric fireplace.
Exclusions
None
Rental Items
None

Schools

Secondary

  • Norwood District High School0.9 km

    Public · Kawartha Pine Ridge DSB · 290 students

    Grade 10 literacy: 62% met the provincial standard

Elementary

  • Norwood District Public School1.2 km

    Public · Kawartha Pine Ridge DSB · 335 students

    Grade 3 reading: 55% met the provincial standard · Grade 6 math: 47% met the provincial standard

  • St. Paul Catholic Elementary School1.5 km

    Catholic · Peterborough Victoria Northum Clarington CDSB · 325 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 24% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K0L

Population
78,142
Private dwellings
48,786
Median age
54
Average household size
2.3
Median household income
$79,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Asphodel-Norwood · last 12 months

Median sold price
$552,500
Homes sold
54
Median days on market
46
Sale-to-list price
96.8%

Based on 54 recorded sales of residential freehold properties in Asphodel-Norwood over the last 12 months.

Listed by

SOTHEBY'S INTERNATIONAL REALTY CANADA

Location

Mortgage Calculator

$176,000

Estimated Monthly Payment

$4,323

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,323/mo (20% down, 5.5%)

Taxes: $580/mo · Insurance: $220/mo

Estimates only. Consult a financial advisor.

R

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