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Lots & Land in Blue Mountains
About 131 West Ridge Drive
Premium building lot available for sale in prestigious Lora Bay. Set against a backdrop of Georgian Bay's sparkling waters and the newly designed 10th green, this exceptional building lot offers a rare opportunity to build a custom home on one of the most desirable streets in one of The Blue Mountain's most distinguished neighbourhoods. Surrounded by architecturally significant residences, residents of Lora Bay enjoy access to an exclusive private beach, the Georgian trail, and an award-winning golf course. The property's ideal location places you just minutes from the vibrant shops, cafés, and fine dining of downtown Thornbury, with private ski clubs, cycling, waterfront trails, and area wineries all within close proximity. Design and build your dream home or weekend retreat within this master-planned community where luxury and lifestyle blend seamlessly. Full municipal services are available at the lot line. Subdivision covenants apply. Seller willing to share existing building plans with qualified buyers. Lot dimensions are irregular: 57.82 X 152.73 X 19.17 X 89.59 X 148.48. The opportunity to build a custom home here is rare, and the lifestyle is unmatched. *Lora Bay Condo Fee $70
Blue Mountains land priced at $798,000 — book a tour to see if it fits your search.
Inside 131 West Ridge Dr
Every detail from the listing, in one place.
Type
Land
Lot size
152.73 x 57.82
Basement
Unknown
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Unknown
Lot & land
Lot dimensions
152.73 x 57.82
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
131 West Ridge Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,920
/mo
based on the purchase price of $798,000
$159,600 cash
$638,400 financed
$537,700 total interest
Principal54%$638,400
Interest46%$537,700
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Blue Mountains
Other homes for sale in Blue Mountains around $798K.
Average days on market68Homes sold in about 68 days on average.
Sale-to-list ratio94.5%On average, homes sold below asking.
Active listings393Homes for sale here right now.
Median vs prior 90 days+1.4%Compared with May 11 – Aug 9, 2026: prices up.
Based on 91 sales from Aug 9 – Nov 7, 2026 (74 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 131 West Ridge Dr
How much is 131 West Ridge Dr listed for?
131 West Ridge Dr is listed at $798,000 (MLS® X10439327). Summitly updates the price as soon as the MLS® record changes.
Has the price of 131 West Ridge Dr changed?
Yes — it was first listed at $968,888 and is now $798,000, a drop of $170,888 (17.6%).
How many bedrooms and bathrooms does 131 West Ridge Dr have?
The listing for 131 West Ridge Dr doesn't publish its bedroom and bathroom count. It is a lot in Blue Mountains.
How much would the monthly mortgage be on 131 West Ridge Dr?
About $3,920 a month — principal and interest on $798,000 with 20% down ($159,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 131 West Ridge Dr compare with other homes in Blue Mountains?
Its asking price of $798,000 is about 18% below the median sold price in Blue Mountains over the last 90 days, $970,000, across 91 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 131 West Ridge Dr been sold before?
Summitly has no earlier MLS® sale or lease of 131 West Ridge Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 131 West Ridge Dr?
131 West Ridge Dr is in Blue Mountains, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 131 West Ridge Dr been on the market?
814 days — 131 West Ridge Dr was listed on August 15, 2024.
Does 131 West Ridge Dr have a basement, and is it finished?
The listing describes the basement as: Unknown.
What is the lot size of 131 West Ridge Dr?
The lot measures 152.73 × 57.82 (50 acres), as published in the listing.
What is the land transfer tax on 131 West Ridge Dr?
About $12,435 in Ontario land transfer tax at the asking price of $798,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 131 West Ridge Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.