4.5 acres for sale in Peters Road, PE
$39,500 · Peters Road, Kings County, Prince Edward Island · 49 km from Stratford (nearest town of 10,000+)
Advertised on Kijiji as “Peters Road Peters Road, Prince Edward Island”
- AcreScout's value model estimates a price per acre for this lot from the listings of similar size nearest to it and rates it below market: more than 25% below that estimate.
- Who can buy in Prince Edward Island, and whether non-residents or non-Canadians pay more or need approval.
- In AcreScout, the ad is read for problems it mentions (no road access, boat-only access, wetland, flooding, zoning limits, leasehold or shared ownership), with the sentence behind each note.
- Listed April 5, 2025.
- The map point is approximate (a town or area centre), so check the exact location with the agent.
- Estimate the land transfer tax at this price.
Dashed circle: the town centre the listing names (approximate). Google satellite view
Next steps
- Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
Law Society of PEI: find a lawyer - Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
Association of PEI Land Surveyors members - Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
Well contractor and driller licences - Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
PEI has no current public list of septic contractors (the last one is from 2022); ask your lawyer or the Province's environment department. - Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
Mortgage regulators' licensing lookup (MBRCC) · PEI licensed insurance agents · PEI has no public register of mortgage brokers of its own.
PEI's Lands Protection Act: buying more than 5 acres or 165 ft of shore needs IRAC approval unless you are a citizen or permanent resident who has lived in PEI 365 of the last 24 months.
Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.
Similar-sized land in Kings County
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 4.7 acres Saint George's Parish |
$26,900 | 4.7 | $5,736/ac | below market | |
| 4.4 acres Farmington |
$39,000 | 4.4 | $8,864/ac | below market | |
| 4.9 acres Brudenell |
$65,000 | 4.9 | $13,292/ac | near market | |
| 4.5 acres Murray River |
$65,000 | 4.5 | $14,286/ac | below market | |
| 4.5 acres on a river Montague |
$149,000 | 4.5 | $33,333/ac | River frontage | above market |
| 4.2 acres on the ocean Cable Head West |
$320,000 | 4.2 | $76,190/ac | Oceanfront | above market |
| 4.5 acres on the ocean Savage Harbour |
$359,000 | 4.5 | $79,778/ac | Oceanfront | above market |
| 4.2 acres Elliottvale |
$399,000 | 4.2 | $95,000/ac | above market |
Each listing's value check compares it with the listings of similar size nearest to it, so one lot can rate above market at a lower price per acre than another elsewhere in the region.
120 listings near Three Rivers · All 376 listings in Kings County · Prince Edward Island