Somerville · K0M 1N0
$524,900
$262 / sq ft3 months on market
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Exceptional opportunity to secure a high-exposure property in one of the most strategic gateway locations to cottage country. Situated on approximately 2.5 flat acres with approximately 165 metres/541 feet of frontage along Highway 35, this property offers outstanding visibility, access, and long-term potential in the Rosedale/Fenelon Falls area of Kawartha Lakes. Location, location, location - positioned along a key regional corridor connecting Lindsay, Fenelon Falls, Balsam Lake, the Trent-Severn Waterway, and the surrounding cottage and tourism market. The site is surrounded by a mix of residential, commercial, recreational, and tourism-related uses, with nearby planned residential growth further supporting its long-term investment appeal. The property is improved with three existing homes and 2 are currently tenanted, offering present-use holding income while future plans are explored. Existing services include two private wells and two septic systems, with no municipal water or wastewater currently available. With its flat topography, generous frontage, highway exposure, and prominent position near a key intersection, this property may suit a range of future concepts, including commercial/service uses, mixed-use development, residential expansion, tourism-oriented uses, or long-term land assembly, all subject to required approvals. Rarely do sites with this level of frontage, exposure, and future flexibility become available in such a well-travelled cottage-country corridor.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 18% of comparable detached listings in Somerville are asking less.
Based on 38 comparable active detached listings in Somerville. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $524,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Ball Real Estate Inc.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Kawartha Waterfront Realty Inc.
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Listing courtesy of Royal LePage Lakes of Haliburton
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Listing courtesy of Royal Lepage Kawartha Lakes Realty Inc.
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Listing courtesy of RE/MAX CROSSROADS REALTY INC.
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Listing courtesy of RE/MAX CROSSROADS REALTY INC.
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Listing courtesy of Re/Max All-Stars Realty Inc.