Lands and lots for sale in PEI
Explore our impressive range of Lands and Lots for sale in PEI
FOR BETTER RESULTS: You can change the way you view properties using the icon to change to GRID VIEW, the icon to change to LIST VIEW & the icon to change to MAP VIEW. If you want to perfrom an advanced search for property, click the SEARCH/FILTER RESULTS button below.
Acreage Seven Mile Road
Glenfanning, Prince Edward Island
100 acres total, 35 acres farmland, 15 acres cut once for blueberries, another 15 possible for blueberries, 670 feet of frontage on the Seven Mile Road, runs through to the Cardigan Road (1300 feet of frontage). (id:50344)
Lot Primrose Road
Launching, Prince Edward Island
Square two plus acre lot on the corner of Primrose Road and Springfield Road in a nice rural community. (id:50344)
Lot Nouche Lane
North Rustico, Prince Edward Island
Cleared 1 acre +/- building lot located off the Line Road in North Rustico with great accessibility and a gentle slope. Minutes from the village, tourism areas, and many amenities. 30 Minutes to Charlottetown. Located on a year round private lane with shared snow removal ($200/yr). No HOA or covenants. Please note the lot shares a PID with a larger parent parcel and with have a new PID# assigned post closing. (id:50344)
Richards Point Road
Augustine Cove, Prince Edward Island
(VIDEO - Click on the Multi-Media Link) [SANDY BEACH | PANORAMIC VIEWS | MATURE COMMUNITY] Welcome to your slice of paradise at Augustine Cove, Prince Edward Island! This remarkable cottage building lot offers a once-in-a-lifetime opportunity to create your perfect retreat in one of PEI's most sought-after locations. Strategically positioned between Summerside and Charlottetown, this property enjoys a prime, central location, granting you easy access to the island's vibrant urban centers and all the amenities they offer. Additionally, its proximity to the Confederation Bridge ensures convenient travel to neighbouring provinces of New Brunswick and Nova Scotia, making it a gateway to endless adventures. Prepare to be captivated by the breathtaking panoramic views that stretch before you. The landscape offers a mesmerizing blend of natural beauty, with a stunning red sandy beach that stretches for miles, inviting you to bask in the coastal splendour and create cherished memories with family and friends. Augustine Cove boasts a mature and well-established cottage community, guaranteeing a warm and welcoming atmosphere as you embrace the joy of coastal living. The sense of community and the bonds you'll form with your neighbours are priceless. This enchanting property is priced to sell, presenting an incredible opportunity to make your dreams of owning a cottage come true. Whether you're seeking a serene getaway or a lucrative investment, this is your chance to secure a piece of PEI's beauty and serenity. Don't miss out on this rare gem! Embrace the tranquillity, savour the beachside delights, and immerse yourself in the rich island culture. Augustine Cove beckons you with open arms to create a lifetime of treasured moments. Seize the moment and make this property yours today! 360-degree, virtual (Zoom), and live tours are available. Wow! 24-HOUR-A-DAY OPEN HOUSE® ON VIDEO! Click on the Multi-media Link to view the YouTube video(s) (id:50344)
Blueberry Lane
Augustine Cove, Prince Edward Island
(VIDEO - Click on the Multi-Media Link) [SANDY BEACH | PANORAMIC VIEWS | MATURE COMMUNITY] Welcome to your slice of paradise at Augustine Cove, Prince Edward Island! This remarkable cottage building lot offers a once-in-a-lifetime opportunity to create your perfect retreat in one of PEI's most sought-after locations. Strategically positioned between Summerside and Charlottetown, this property enjoys a prime, central location, granting you easy access to the island's vibrant urban centers and all the amenities they offer. Additionally, its proximity to the Confederation Bridge ensures convenient travel to neighbouring provinces of New Brunswick and Nova Scotia, making it a gateway to endless adventures. Prepare to be captivated by the breathtaking panoramic views that stretch before you. The landscape offers a mesmerizing blend of natural beauty, with a stunning red sandy beach that stretches for miles, inviting you to bask in the coastal splendour and create cherished memories with family and friends. Augustine Cove boasts a mature and well-established cottage community, guaranteeing a warm and welcoming atmosphere as you embrace the joy of coastal living. The sense of community and the bonds you'll form with your neighbours are priceless. This enchanting property is priced to sell, presenting an incredible opportunity to make your dreams of owning a cottage come true. Whether you're seeking a serene getaway or a lucrative investment, this is your chance to secure a piece of PEI's beauty and serenity. Don't miss out on this rare gem! Embrace the tranquillity, savour the beachside delights, and immerse yourself in the rich island culture. Augustine Cove beckons you with open arms to create a lifetime of treasured moments. Seize the moment and make this property yours today! 360-degree, virtual (Zoom), and live tours are available. Wow! 24-HOUR-A-DAY OPEN HOUSE® ON VIDEO! Click on the Multi-media Link to view the YouTube video(s) (id:50344)
Lot 2-A Black Point Lane, Central Lot 16
Belmont, Prince Edward Island
Looking for the perfect waterfront property to build your dream home or cottage? Look no further than this stunning 8.4-acre parcel of land, complete with its own private beach! Located just 15 minutes from Summerside and all its amenities, this cleared lot is the perfect blank canvas for your waterfront oasis. With Perc #2 already in place and approximately 394 feet of waterfront, this property is ideal for anyone who loves to kayak, fish, or swim. The coastline is high and dry, providing a breathtaking backdrop for all your outdoor activities. If you're looking for even more space to spread out, an additional 5.9 acres adjacent to the property can be purchased at an additional cost. Don't miss your chance to own a piece of paradise on PEI's picturesque coastline. Contact Tina today to arrange a viewing and see for yourself why this is the perfect location for your next waterfront getaway. Please note: all measurements are approximate. (id:50344)
Lot 2b Black Point Lane, Central Lot 16
Belmont, Prince Edward Island
Looking for your very own private oasis on the water? Look no further than this breathtaking 5.9-acre waterfront property with its own private beach! Located just 15 minutes from Summerside and all its amenities, this cleared lot offers a stunning Perc #2 rating and approximately 298 feet of waterfront. The coastline is high and dry, providing breathtaking views of the surrounding area. But that's not all - an additional 8.4 acres adjacent to the property can also be purchased at an additional cost. Imagine owning nearly 15 acres of waterfront property in one of the most beautiful areas of the country! This property is perfect for outdoor enthusiasts, offering plenty of space for kayaking, fishing, and swimming. Whether you're looking for a full-time residence or a vacation home, this property has it all. Don't miss out on the opportunity to own your own piece of paradise! Please note: All measurements are approximate. (id:50344)
Lot #3 Meadowview Lane
Emyvale, Prince Edward Island
NEW REDUCED PRICE $63,900 This 1.3 acre building lot in sought-after Emyvale has it all and is the best value for your money, considering it?s size, location and privacy: Have peace of mind knowing the family can enjoy the peace/tranquility of a small, quiet cul-de-sac with beautiful views, located within the sought-after Bluefield family of schools, 11 minutes to Charlottetown and 25 mins to Summerside, with hiking and snowshoeing from your doorstep, and just five minutes to the provincial ski park. With room for only a handful of homes in the cul-de-sac, this will keep your area from becoming over-developed, and maintain peaceful surroundings. Walk the dog in peace and let the kids run free with their friends! The West River Stream and Carragher?s Pond offer great fishing a short walk away. This lot is tucked in just behind Westwood Hills, a beautifully laid out rural residential development consisting of high end homes, tall mature trees, dedicated green spaces and protective covenants which will uphold the property values in the area. There is an additional 1.0 acre lot (known as lot #4) adjacent to lot #3 that could be purchased in conjunction with this lot if desired at a discounted price if purchased together. Property boundaries are approximate and should be verified by the purchaser. Perc tested category II. Restrictive covenant(s) in place is in regards to a homeowners association (essentially outlining the responsibility of the buyer to take over snow clearing of the lane once 50% of lots are sold). Note: Listing Realtor is related to seller. (id:50344)
Acreage Primrose Road
Launching, Prince Edward Island
Approx. 19 acres with 17 acres of farmland and approx. 650 feet of road frontage. Please note: Tax and Assessment values are to be determined. (id:50344)
Acreage Primrose Road
Launching, Prince Edward Island
Approximately 41 acres with 18 acres of farm land and 320 feet of road frontage. Please note: Tax and Assessment values are to be determined. (id:50344)
32 Long Wharf Road
Launching, Prince Edward Island
22 acres with 1500 feet of frontage on Beach Road and 660 feet of frontage on Long Wharf Road. Easily walk to the ocean or the river. (id:50344)
Acreage Primrose Road
Launching, Prince Edward Island
Over 70 acres in total, 22 acres of farmland. (id:50344)
Vacant Land and Lots for Sale in PEI: A Comprehensive Guide
Nestled in the Gulf of St. Lawrence, Prince Edward Island (PEI) is renowned for its picturesque landscapes, coastal beauty, and fertile soils. For those looking into the real estate market, especially in the category “Lands and Lots for Sale in PEI”, there’s an array of options available. However, understanding the types of land and lots for sale in PEI and the regulations surrounding their purchase is essential.
PEI vacant land and lots for sale are divided into several categories. These include:
Bare Acreage
This refers to the vast stretches of land which can be treed, partially treed, or completely cleared. Typically found in outlying regions, these don’t have any services.
Waterfront Lands or Lots
Encompassing a wide spectrum, these can range from large tracts without any services to developed plots in subdivisions like Granville on the Water or Sunset Dunes.
City Subdivisions
Think of places like Starlite Estates, where lots are fully serviced, with paved roads, curbs, and sometimes even sidewalks.
Standalone Lots
These are scattered in or around urban regions. Their closeness to cities makes them less expensive to service than bare acreage. These can be small acreages with or without services.
Cottage Lot Subdivisions
Primarily rural, these lots are designed for up to three seasons of habitation. They don’t usually have paved roads, and the winter season sees them not cleared.
Beyond these categories, it’s also important to determine the land’s purpose – residential, recreational, or agricultural?
Regulations with PEI Land Ownership
PEI has a distinct set of rules under the Island Regulatory & Appeals Commission (IRAC) dictating how much land or shorefront an entity can own.
In the infancy of PEI’s history, the province was divided into sixty-seven 20,000-acre lots. Interestingly, these Lands and lots were given to a select group of absentee proprietors before any real settlement occurred. Over the centuries, the land gradually returned to local hands as it was bought from these non-local landlords.
Fast forward to the 1960s, when the spectre of absentee ownership of PEI lands and lots once again loomed large. Non-residents, sensing the potential of PEI real estate, started investing heavily, leading to significant portions of coastal areas slipping out of local control. This was addressed in 1972 with amendments to the Real Property Act, which put restrictions on Lands and lots for sale in PEI from being purchased by non-residents.
However, it was an application in 1981 by a non-resident corporation to buy 6,000 acres that truly shook the public conscience. There were fears of one entity dominating PEI’s agricultural industry. The result? The introduction of the Lands Protection Act in 1982.
Key Points to Consider for Prospective Buyers of lands and lots for sale in PEI
Application Requirement
Non-resident entities must apply if they:
- Intend to own land in excess of 5 acres, or
- Plan to have shore frontage surpassing 165 feet.
Approval Conditions
Government might sanction the land purchase with stipulations such as limited subdivision rights, land identification for non-development, and mandated residential status within a timeframe.
Denial Reasons
Applications can be turned down for various reasons, including non-resident control over a large acreage, surpassing the Act’s limits, speculation motives, and more.
Land Holding Limits
An individual can own up to 1,000 acres, while corporations have a cap of 3,000 acres. cabinet must approve non-resident purchases of two hectares (five acres) or more, and land with more than 165 feet of shore frontage.
Application Time
On average, the application processing takes 3-4 weeks, but complex cases might take longer.
Application Essentials
Applicants wishing to purchase lands and lots for sale in PEI must provide a detailed form, relevant maps, legal descriptions, advertising details if applicable, a submission relating to the Prohibition on the Purchase of Residential Property by Non-Canadians Act, and a relevant fee.
Moreover, recent federal laws restrict land purchases in Canada by foreign entities. It’s advisable to consult with your Century21 Realtor for further details.
The allure of purchasing vacant land and lots in PEI is undeniable. However, prospective buyers must be well-versed with the nuances of PEI’s real estate landscape to make informed decisions. Whether it’s a serene waterfront lot or a standalone plot near the city, PEI promises a piece of land that’s perfect for every dream.
PEI has always placed controls on how much land any one person or corporation can own. Find out the “nitty-gritty” from Michael Poczynek
Canada has passed a law prohibiting non-resident buyers from purchasing homes for at least the next 2 years.