146 BISHOPS WAY, Tay Valley
Location is everything, and this exceptional Otty Lake property delivers that and more. Set on a picturesque 1.5-acre lot with over 48 feet of waterfront frontage, this well-built bungalow presents a rare opportunity to create your dream waterfront retreat.Located on a quiet, well-maintained private road, the winding approach through mature trees leads to a beautifully situated property overlooking the sought-after southwestern shoreline of Otty Lake. Enjoy lake views, exceptional privacy, and the natural beauty that makes this area so desirable. While the owners were away, a burst pipe in the kitchen caused significant water damage. Due to delays in the insurance claim process, the interior was ultimately required to be taken back to the studs. What remains is a clean canvas ready for your vision. The demolition work has been completed, leaving endless possibilities for layout, design, and finishes.The home offers a full-height basement, forced-air electric furnace, owned hot water tank (2013), water softener, 200-amp breaker panel, drilled well with above-grade cap at the rear of the property, and septic system located at the front of the lot. Hydro remains connected but is currently turned off. Existing insulation remains in the ceiling only. A wood-burning fireplace adds character; however, the Sellers will not provide a WETT certification. Laundry hookups are located in the basement. Outside, there is excellent potential to restore the dock and beach area and create an outstanding waterfront setting for boating, swimming, fishing, and year-round enjoyment. Annual private road maintenance is approximately $400. The meeting for next year's "road maintenance" is in June. Private lane snow removal is also availableLot boundaries at the road have been marked in red for reference. Ideal opportunity for contractors, renovators, investors, or buyers looking to build equity in a premier waterfront location. Buyers are advised to conduct their own due diligence. (id:25961)
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Details
- Architectural Style: Bungalow
- Easement: Unknown, None
- Features: Wooded area, Irregular lot size, Rolling, Partially cleared, Dry
- Ownership: Freehold
- Parking Spaces: 4
- Transaction: For sale
- View: Lake view, Direct Water View
- Waterfront: Waterfront on lake
- Water Body Name: Otty Lake
Building
- Amenities: Fireplace(s)
- Architectural Style: Bungalow
- BasementType: Full (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 3
- Construction Style Attachment: Detached
- Cooling: None
- Exterior Finish: Wood
- Fireplace Present: True
- Fireplace Total: 1
- Foundation: Block
- Bathrooms (Half): 1
- Bathrooms (Total): 2
- Heating: Forced air
- Heating Fuel: Electric
- Size Interior: 1100 - 1500 sqft
- Stories Total: 1
- Type: House
Land
- Access Type: Highway access, Public Road, Year-round access
- Sewer: Septic System
- Size Depth: 273 ft
- Size Frontage: 231 ft
- Size Irregular: 231 x 273 FT ; Irregular shape
This property for sale is located at 146 BISHOPS WAY in Perth. It was last modified on June 2nd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Perth homes for sale.
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