46-acre spread in Cobourg that has its own woods seems under-priced. What do you think?

Location: 457 Wilson Drive, Alnwick-Haldimand Township
Price: $2,790,000
The sellers: This rural retreat offers the quintessential best of both worlds, according to the homeowners who’ve reaped its benefits for 20 years.
“It’s private, it’s peaceful,” says Linda. “We feel like we have a little piece of paradise here.” 
Yet the 46-acre property, .
“Everything you need or want is within 10 or 12 minutes’ drive,” Linda explains.
She and her husband Brad rhyme off an extensive list: the town of Cobourg with its wide sand beach; Baltimore Recreation Centre with indoor and outdoor sports facilities; biking, hiking and cross-country skiing trails in Northumberland County Forest; an enticing assortment of shops and eateries; and a large hospital off Hwy. 401, a short drive away.
The home is close to the school bus route and accessible from the paved main road as well as a secondary unpaved road, the owners point out.
The couple, who operate a general contracting company, designed and built the home for their family of four in 2004. It’s on protected Oak Ridges Moraine which restricts development, “so that’s a plus,” Linda adds.
With two storeys and a walkout lower level, the wood-and-stone house offers 4,200 square feet of living space constructed with top-quality materials and finishes. The heart of the home is the open-concept, great room with vaulted ceiling, stone fireplace and adjacent gourmet kitchen, designed for socializing.
Other home-life highlights are quiet dinners in the courtyard and morning coffee in the east-facing sun room.
“We enjoy the sun coming in and watching birds at the bird feeder,” says Linda.
For Brad, the recreation and games room downstairs, featuring a wood stove and radiant floor heating, is a cosy indoor oasis for watching sports in winter.
“That would be our hangout for the evening,” he says.
In a separate building, there’s a three-bay shop with a second-floor one-bedroom, one-bathroom guest suite that’s roughed-in for a kitchen.
Both this space and the lower level in the house suit a home-based business, notes Linda, lauding Starlink’s satellite internet service.
The expansive front and side lawns are enhanced by perennial gardens, a solar-heated in-ground pool, and fish-stocked pond with a rock water feature.
The agent: With its “impeccable landscaping,” private forest, amenities and upgrades, the property overall is “something special,” according to broker Jacqueline Pennington of jacquelinepennington.com. Its versatility, and extra living space above the shop, make it suitable for a multi-generational family or as a secondary recreational home, she says.
Referring to the listing price of under $2.8 million, Pennington adds, “you wouldn’t be able to build (a house) and buy land for that price.” With current market conditions and this week’s drop in interest rates, “it’s a really good time for (purchasing) luxury property.”
Highlights include:
For the homeowners, their sanctum serves as a “decompression zone.”
“You come in and it’s ‘Ahhh!,’ ” says Linda. “We’re both outdoor people, (so) being close to nature and wildlife has been the perfect spot for us.”
But now that they’re empty-nesters, it’s more than they need.
“We thought it would be our last home,” says a wistful Brad. “We’ll miss the privacy and space, and the acreage.”
The listing agent for this home is Jacqueline Pennington, Re/Max Hallmark First Group Realty Ltd., 905-377-1550.