C$2,399,000

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. (id:41202)