$1,250,000
For sale: Detached

Welcome to a truly unique and charming family compound of cottages, on a totally private point of land, and on much sought-after Otty Lake! There are over 700 feet of pristine shoreline at land level and over an acre of land, surrounded by lovely landscaping and towering pine trees. There are two cottages, one of which is an original log cabin on the lake, with a modern addition. The second cottage was built over a two-slip boathouse with automatic garage doors, and it has a Trex deck all around it. Inside, there is a huge cathedral ceiling in a 20' by 20' great room, with a newer kitchen, exterior vinyl siding, and a steel roof. There is a bunkie that has a small bedroom, powder room, kitchen, and sitting/eating area, all recently redecorated inside, and with exterior vinyl siding and a steel roof. All the cottages are fully furnished and have views of the lake. There are two other buildings presently used for storage. One of them is an old heritage cottage, with a gorgeous veranda that hangs out over a channel of water and with wonderful views of both ends of the lake. Despite not being lived in, the exterior has been well maintained with a recent new roof. A canoe and paddleboat are included with the property. Access is via private roadway, and municipal road to historic Heritage Perth, only 10 minutes away. The present owners have loved and cherished this property for over 60 years, through four generations, and made many special family memories every summer. Set on level, picturesque grounds highlighted by vibrant flower beds and majestic pine trees, the property offers a peaceful and inviting outdoor setting. Whether you're gathering with family, enjoying time on the water, or simply relaxing in nature, this Otty Lake retreat has everything needed for a memorable lakeside lifestyle. A rare opportunity to own a legacy property in a truly special location. See attached multi-media - excellent video. Start YOUR family memories here this summer!
Sold data
Detached homes in Tay Valley took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $649,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$1,099,900
Detached103 MCVEETY ROAD, 903 - Drummond/North Elmsley (North Elmsley) Twp, Drummond/North Elmsley

$1,149,000
Detached155 STONEWOOD DRIVE, 910 - Beckwith Twp, Beckwith

$899,900
Detached1005 MACDONALD LANE, 47 - Frontenac South, Frontenac

$1,199,000
Detached30 MORRIS STREET, 909 - Carleton Place, Carleton Place

$1,250,000
Detached3539 R35 ROUTE, 818 - Rideau Lakes (Bastard) Twp, Rideau Lakes

$1,100,000
Detached801 CAMP LANE, 824 - Rear of Leeds - Lansdowne Twp, Leeds and the Thousand Islands

$1,099,000
Detached305 MOORE CRESCENT, 802 - North Grenville Twp (Kemptville East), North Grenville

$799,900
Detached2723 DESERT LAKE ROAD, 47 - Frontenac South, Frontenac