Power of sale seasonal cottage compound at Flakes Cove on East Lake. Picturesque and tranquil waterfront with shallow rocky entry and waterside entertaining deck. Great for fishing, swimming, boating and enjoying our famous Prince Edward County sunsets. Close to Cherry Valley and 10 mins drive to Picton. Property consists of 5 seasonal cottages-1x3 Bdrm, 3x2 Bdrm, 1x1 Bdrm plus den each with private decks overlooking the water. Additional outbuildings include his + hers washrooms (in addition to each cottage having a 3 piece washroom) and laundry house, pump house, sauna, 2 large storage sheds. Recreational facilities include waterside deck, wooden swing, firepit and covered entertaining areas. Property requires additional renovations in order to complete what currently exists. Ideal opportunity for contractors or handyman to finish and set new current value seasonal rents. Zoning is tourist commercial. Property being sold as-is where-is condition with no representations or warranties of any kind. Cottages are accessed via a right of way laneway over 50 Valhalla Lane at the end turn left to 58 Valhalla Lane. Note: Do not enter recreational structure as it is unsafe to do so.
Address
58 Valhalla Lane
List Price
$1,150,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Residential Freehold
Type of Dwelling
Other
Style of Home
Bungalow
Transaction Type
Sale
Area
Prince Edward County
Sub-Area
Athol
Bedrooms
11
Bedrooms (Total)
11
Rooms Above Grade
16
Bathrooms
7
Floor Area
3500-5000 Sq. Ft.
Occupant Type
Vacant
Cross Street
County Rd 18/ Cherry Valley Kings Rd
MLS® Number
X12537246
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement Area
None
Postal Code
K0L 1P0
Posession Details
asap
Parking
Available, Private, Right Of Way
Parking Places (Total)
12
Parking Spaces
12
Tax Amount
$3,703.80
Tax Year
2025
Site Influences
Beach, Fishing, Lake/Pond, Level, Recreational Area, Seasonal Living, Waterfront
Accessibility Features
Open Floor Plan, Parking
Exterior Features
Fishing, Recreational Area, Seasonal Living
Interior Features
Bar Fridge, Sauna
Property Features
Beach, Lake/Pond, Level, Waterfront
Cable
No
Central Vacuum
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Standard Status
Active
Disclosures
Conservation Regulations, Right Of Way
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Aluminum Siding
Direction Faces
South
Foundation Details
Unknown
Garage
No
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
5
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
CL PT LOT 10 CONC 1, SOUTH SIDE OF EAST LAKE, ATHOL AS IN PEI817245W PE 58269 PRINCE EDWARD
Water Source
Drilled Well
View Type
Clear
Water View
Direct
Waterfront
Yes
Docking Type
None
Waterfront
Direct
Waterfront Accessory
Not Applicable
Waterfront Features
Other
Water Frontage (Feet)
109.77
Water Body Name
East Lake
Water Body Type
Lake
Shoreline
Clean, Shallow, Hard Bottom
Shoreline Allowance
Owned
Access To Property
Municipal Road, R.O.W. (Deeded)
Alternative Power
None
