5359 HIGHWAY 511 HIGHWAY, Lanark Highlands

$132,900

For sale: Vacant Land

Vacant Land at 5359 HIGHWAY 511 HIGHWAY, Lanark Highlands
Property type
Vacant Land
MLS®
MLS® X12969008
Neighbourhood
913 - Lanark Highlands (Lanark) Twp

Calling all investors and dreamers! A rare opportunity awaits at 5359 Hwy 51, a 2.5+ acre lot in the heart of the Lanark Highlands offering one of the most flexible zoning designations available: Rural Residential and Commercial. This unique blend opens the door to countless possibilities, whether you're looking to build your dream home, create a seasonal retreat, launch a business, or invest for the future.The zoning allows for an impressive range of uses, making this property truly versatile. Options extend from residential living to a wide variety of commercial possibilities such as hospitality, retail, food service, professional offices, or small-scale community services. This breadth of permitted uses provides buyers with the freedom to tailor the land to their vision whether that means establishing a business, creating income potential, or enjoying a private country escape.This property is development-ready with a driveway and civic address already in place, and hydro available at the paved, municipally maintained road. You're minutes from outdoor recreation including public boat launches, trails, and the Lanark Timber Run Golf Course, making it an outdoor enthusiasts paradise. Bordering a respected public school, this location offers both family-friendly convenience and investor appeal.Despite its quiet rural charm, you're close to everything: 15 minutes to Balderson, 25 minutes to Perth, 20 minutes to Almonte and Carleton Place, 30 minutes to Calabogie Ski hill and Pakenham ski hill, 35 minutes to Silver Lake Provincial Park and Blueberry Mountain Trail, and under an hour to Ottawa or Kanata.Escape the noise of the city and discover the best of both worlds: tranquility, opportunity, and convenience. With dual zoning, lifestyle appeal, and unbeatable location, this lot is more than land it's a foundation for growth and a truly rare chance in Eastern Ontario. 24 hours irrevocable on all offers.

Sold data

Vacant Land homes in Lanark Highlands — recent sold market

Vacant Land homes in Lanark Highlands took a median of 46 days to sell over the last 730 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 88, across 36 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 71 days.

The median sale price was $174,450.

Homes sold for about 7.4% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
47
Median sale price
$174,450
Sale-to-list ratio
92.6%
Sold above asking
3%

Based on 36 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 5359 HIGHWAY 511 HIGHWAY