Melancthon, ON · · MLS® X14007524Updated
$1,399,000Est. $6,873/mo mortgage
516458 County 124 Rd is a land in Melancthon, listed for $1,399,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
An exceptional opportunity to acquire 99.8 acres of scenic countryside on County Road 124, immediately across from Shelburne Golf & Country Club and just 3 minutes from shopping and amenities in Shelburne. Featuring approximately 52.5 acres of currently farmed land, a pond, approximately 500 metres of stream forming part of the headwaters of the Boyne River, and mixed forest with pine, cedar and hardwood, this diverse property offers a blend of agricultural land and natural beauty. There are a few structures on the property a vacant "as is" House and barn. With its substantial acreage and proximity to Shelburne, this property presents an appealing opportunity for farmers, investors, and those seeking a long-term land holding in an area experiencing planned growth. Development potential, if any, is subject to applicable municipal and County planning policies and approvals.
Melancthon land priced at $1,399,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Melancthon market reportSold prices are shown free to signed-in members, as board rules require.
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0 89 Highway
Land
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516172 County 124 Road
Land
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Pt Lts 281, 282&283-280 Side Road
Land
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Lot 261&262 Side Road 260 N/A
3 bd · 1 ba · Land
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117488 2nd Line SW Line
Land
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238527 4th Line
Land
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home516458 County 124 Road 0 bd · 0 ba | $1,399,000asking | — | — | — |
| 0 89 Highway 0 bd · 0 ba | ||||
| 516172 County 124 Road 0 bd · 0 ba | ||||
| Pt Lts 281, 282&283-280 Side Road 0 bd · 0 ba | ||||
| Lot 261&262 Side Road 260 N/A 3 bd · 1 ba · 700 sqft | ||||
| 117488 2nd Line SW Line 0 bd · 0 ba | ||||
| 238527 4th Line 0 bd · 0 ba · 700 sqft |
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
3 bd · 1 ba · 700 sqft
0 bd · 0 ba
0 bd · 0 ba · 700 sqft
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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.
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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Listing brokerage: ROYAL LEPAGE RCR REALTY, BrokerageMLS® X14007524 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other homes for sale in Melancthon around $1.4M.
Homes for sale in Melancthon
Every active Melancthon MLS® listing, updated all day.
Based on 14 sales from Jul 15 – Oct 13, 2026 (8 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
516458 County 124 Rd is listed at $1,399,000 (MLS® X14007524). Summitly updates the price as soon as the MLS® record changes.
No — 516458 County 124 Rd is still listed at its original asking price of $1,399,000.
The listing for 516458 County 124 Rd doesn't publish its bedroom and bathroom count. It is a lot in Melancthon.
About $6,873 a month — principal and interest on $1,399,000 with 20% down ($279,800), 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.
Its asking price of $1,399,000 is about 85% above the median sold price in Melancthon over the last 90 days, $755,000, across 14 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.
Summitly has no earlier MLS® sale or lease of 516458 County 124 Rd on record from the last two years. Older records aren't shown under TRREB rules.
516458 County 124 Rd is in Melancthon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
4 days — 516458 County 124 Rd was listed on October 9, 2026.
The lot is 74.995 acres, as published in the listing.
About $24,455 in Ontario land transfer tax at the asking price of $1,399,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 516458 County 124 Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Melancthon.
