$274,500
For sale: Vacant Land

A rare opportunity to build in the highly regarded BurgessWood community on beautiful Otty Lake, located within 10 minutes of Historic Perth and accessed by a paved township road. This 1.65-acre pie-shaped building lot offers over 300 feet of road frontage, providing excellent privacy, a flexible building envelope, and a gently wooded setting within an established neighbourhood of quality custom homes. The lot's shape and size allow for a variety of home designs while maintaining separation from neighbouring properties and a strong sense of space and privacy. BurgessWood is a distinctive lake community where residents share ownership of over 200 acres of protected common land and more than 4,000 feet of shoreline on Otty Lake, including private trails for walking, hiking, snowshoeing, and cross-country skiing, along with shared waterfront areas for swimming, paddling, and seasonal recreation. The community is known for its well-kept natural environment, executive homes, and a lifestyle focused on outdoor living and year-round enjoyment of nature. It offers a quiet setting while still fostering a strong sense of community among residents who value recreation, privacy, and stewardship of the land. A major advantage of this property is the preparation already completed for building, including approved septic plans and professionally designed building plans for a home featuring 3 bedrooms (1+2), 2 full bathrooms, a powder room, an attached garage, and a walkout basement, allowing buyers to move forward efficiently and reduce development time and cost. Despite its peaceful setting, the property is just minutes from Perth's shops, restaurants, schools, healthcare services, and recreational amenities. With only a limited number of vacant lots remaining in BurgessWood, this is an excellent opportunity to secure a premium building site in one of the area's most desirable Otty Lake communities and create a custom home in a truly special setting.
Sold data
Homes in Tay Valley took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $599,900.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 37 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

$275,000
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Vacant Land0000 DRUMMOND CONC 7 CONCESSION, 908 - Drummond N Elmsley (Drummond) Twp, Drummond/North Elmsley

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