$150,000
1105 Peakes Road
Peakes, Prince Edward Island
3bed1bath
Prince Edward Island
Peakes Real Estate
Browse homes for sale in Peakes • Median $695,000
$695,000Median Price
30Avg Days on Market
2Detached
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About Peakes Real Estate
Peakes is a charming city located in the heart of Canada, known for its close-knit community and serene environment. Established in the early 20th century, Peakes has a rich history that reflects the resilience and spirit of its residents. With its picturesque landscapes and a blend of modern amenities, the city has evolved while still retaining its quaint charm. The unique architecture of the homes, many dating back several decades, adds character to the streets and provides a glimpse into the area’s history.
The character of Peakes is defined by its welcoming atmosphere and strong sense of community. Residents often gather at local parks and community centers, fostering connections and friendships that truly make Peakes feel like home. The city’s commitment to maintaining green spaces allows families to enjoy outdoor activities and provides excellent recreational opportunities. Peakes is also known for its historical landmarks, such as the Old Town Hall and the Peakes Heritage Museum, where visitors can delve into the city's past.
What sets Peakes apart is its accessibility to nature, with numerous walking trails and nearby lakes perfect for fishing and picnicking. Additionally, the city is strategically located, making it easy for residents to commute to larger urban centers while enjoying a quieter lifestyle. This makes Peakes appealing to various buyer types, from families looking to settle down to retirees seeking a peaceful community. The blend of affordability and quality of life makes Peakes a unique choice for those wanting to invest in real estate in a tranquil setting.
1 active listings with a median price of $258,997.
Lifestyle & Community
Living in Peakes offers a relaxed lifestyle characterized by a strong sense of community and a vibrant local culture. Residents often partake in community events, such as seasonal festivals and farmers' markets, which foster a sense of belonging and connection. The vibe is friendly and welcoming, making it easy for newcomers to integrate into the community. Local cafes and shops provide gathering spots for residents, enhancing the small-town feel while still providing essential services.
Local Amenities
- Local grocery store
- Community center
- Public parks and playgrounds
- Sports facilities
- Library
- Fitness center
- Nearby health clinics
- Coffee shops
- Restaurants
- Public transportation access
- Schools
- Post office
Points of Interest
- Peakes Heritage Museum
- Old Town Hall
- Peakes Lake
- Community Park
- Annual Peakes Festival
- Scenic walking trails
- Local artisan shops
- Historical walking tours
- Fishing spots
- Nearby nature reserves
Market Overview
Currently, the Peakes real estate market features only one active listing, indicative of a tight market environment. The median listing price stands at $258,997, making it an attractive option for first-time homebuyers and those looking for affordable housing. With an average of 30 days on the market, properties are selling relatively quickly, suggesting a strong demand in the area. Buyers should be prepared to act swiftly when they find a property that suits their needs.
Investment Outlook
Peakes offers promising investment opportunities, particularly for those looking to enter the housing market at an affordable price point. With only one listing currently available, the low inventory may lead to increased property values over time. Additionally, the community’s focus on development and improvement of local amenities positions Peakes favorably for future growth, making it an appealing option for investors considering rental properties.
Ideal For
Peakes is ideal for first-time buyers, families looking for a safe and friendly environment, and retirees seeking a peaceful community. The affordability of homes and the strong community feel also appeal to investors interested in rental opportunities.
Living in Peakes
Lifestyle
Living in Peakes offers a relaxed lifestyle characterized by a strong sense of community and a vibrant local culture. Residents often partake in community events, such as seasonal festivals and farmers' markets, which foster a sense of belonging and connection. The vibe is friendly and welcoming, making it easy for newcomers to integrate into the community. Local cafes and shops provide gathering spots for residents, enhancing the small-town feel while still providing essential services.
Local Amenities
Local grocery storeCommunity centerPublic parks and playgroundsSports facilitiesLibraryFitness centerNearby health clinicsCoffee shopsRestaurantsPublic transportation accessSchoolsPost office
Market Insights
Currently, the Peakes real estate market features only one active listing, indicative of a tight market environment. The median listing price stands at $258,997, making it an attractive option for first-time homebuyers and those looking for affordable housing. With an average of 30 days on the market, properties are selling relatively quickly, suggesting a strong demand in the area. Buyers should be prepared to act swiftly when they find a property that suits their needs.
Investment Potential
Peakes offers promising investment opportunities, particularly for those looking to enter the housing market at an affordable price point. With only one listing currently available, the low inventory may lead to increased property values over time. Additionally, the community’s focus on development and improvement of local amenities positions Peakes favorably for future growth, making it an appealing option for investors considering rental properties.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$600K – $800K
1
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Frequently Asked Questions About Peakes
How many homes are for sale in Peakes?
There are currently 1 active residential listings in Peakes. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Peakes?
The median list price for homes in Peakes is $695,000. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Peakes?
Properties available in Peakes include Detached (2). You can filter by property type using the search options on this page.
How long do homes stay on the market in Peakes?
Homes in Peakes spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Peakes?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Peakes?
Yes. You can browse homes in specific neighbourhoods within Peakes using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.