$329,000
For sale: Vacant Land

Set along the edge of the large central park in The Hollows at East Lake Shores, 5 Hollow Lane enjoys wide-open green space right outside the door. Kids can play and bike nearby while adults relax on the oversized screened-in porch overlooking the park. A large side yard adds extra outdoor space for family activities. This well-maintained Milford model offers 2 bedrooms and 2 bathrooms on one level. Vaulted cathedral ceilings and the open-concept kitchen, dining, and living area create a bright, airy feel, while the split-bedroom layout provides separation between the primary and guest bedrooms. In-suite laundry is tucked neatly into a closet in the second bedroom. Inside, the cottage feels bright and welcoming, with tasteful furnishings and a relaxed, cottage style throughout. The primary bedroom includes a 2-piece ensuite, while the main 4-piece bathroom features a tub/shower combination. Offered fully furnished, including outdoor furniture, this move-in-ready cottage also features a landscaped patio for relaxing after a day outdoors. Centrally located within the resort, the cottage is a short walk to the family pool, playground, sports courts, putting green, and off-leash dog park, while the adult pool, gym, Owner's Lodge, waterfront patio, and 1,500 ft of shoreline on East Lake are equally easy to reach. Owners also enjoy walking trails, shared canoes, kayaks, and paddleboards, plus activities including yoga, Pilates, aquafit, live music, movie nights, line dancing, Zumba, and seasonal events. East Lake Shores is a gated, seasonal (April-Oct) vacant-land condominium community where you own both the cottage and the land it sits on. Monthly condo fees of $663.03 include internet, TV, water/sewer, lawn care, off-season snow removal & use of amenities. This cottage has been owner-occupied, with options for on-site or independent rentals. Just minutes from Sandbanks, wineries, shops, breweries, and dining, 5 Hollow Lane offers an easy Prince Edward County getaway.
Sold data
Vacant Land homes in Prince Edward County (Athol Ward) took a median of 78 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 119, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 150 days.
The median sale price was $229,000.
Homes sold for about 11.9% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 6% of sellers reduced their price before finding a buyer.
Based on 34 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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