$2,399,000
For sale: Detached

Five waterfront cottages, 500 feet of sandy shoreline and a year-round home on Lake St. Peter, with the redevelopment already underway and waiting for the right buyer to finish it. Set on 1.935 acres in Hastings Highlands, this is a property for someone who can see what it will become. All five cottages sit along the water, and the work has been started for you: exterior sheathing and windows are in, and the interiors are open to the studs with insulation and rough-ins underway, so you can finish each one to your own layout and standard. Picture a family compound where everyone has their own cottage on the lake, a multi-generational retreat, or a long term waterfront investment you build out at your own pace. The shoreline is the centrepiece, with a sandy, family friendly beach and a private dock that make this a natural gathering spot for swimming, paddling and fishing. While the cottages come together, the main home gives you a comfortable base: a year-round raised bungalow with 3 bedrooms and 4 bathrooms, a primary bedroom with a 3 piece ensuite and walk-in closet, a deck overlooking the grounds and the water, and a finished walkout lower level with a large recreation room. A detached garage, a separate workshop and parking for up to 20 vehicles leave plenty of room for trades, materials and equipment. The location is a big part of the appeal. Just off Highway 127, you are minutes from the village of Maynooth and a short drive to Algonquin Park's East Gate and the shops and services of Bancroft, with four-season recreation all around you, from hiking and fall colours to winter on the lake. A rare chance to finish what has been started on a sandy stretch of Lake St. Peter.
Sold data
Homes in Hastings Highlands (McClure Ward) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 92, across 78 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 77 days.
The median sale price was $487,450.
Homes sold for about 6.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 78 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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