583 Second Line is a 4-bedroom, 2-bathroom farm in Douro-Dummer, listed for $1,599,000. It has 1100-1500 sq ft of living space.
1An exterior riding arena measuring approximately 100' x 200' provides additional space for training and riding.
2The home has been totally renovated, offering updated and comfortable living space while maintaining the character and lifestyle of a substantial country property.
3BasementFull, Unfinished, as described in the listing.
Rare opportunity to own an approximately 60-acre horse or hobby farm in Douro-Dummer, just mins from Lakefield and Peterborough, with 29 workable acres, extensive equestrian facilities, multiple outbuildings, and a totally renovated home. Set in the scenic countryside of Douro-Dummer, this impressive rural property combines acreage, equestrian infrastructure, and a convenient location close to the shops, restaurants, schools, services, and amenities of Lakefield and Peterborough. Designed for horse enthusiasts, hobby farmers, or buyers looking for space and versatility, the property features an indoor riding arena measuring approximately 60' x 156' within a total building footprint of approximately 60' x 186'. An exterior riding arena measuring approximately 100' x 200' provides additional space for training and riding. There are 16 horse stalls, including 9 stalls in the riding arena and 7 in the barn, with stalls measuring approximately 10' x 10' x 10'. Additional features include 3 outdoor paddocks, a very large tack room, a large barn, and a substantial drive shed offering excellent storage for farm equipment, vehicles, feed, and recreational gear. Approx 29 acres are workable, providing flexibility for crops, pasture, hay production, or other agricultural uses. The home has been totally renovated, offering updated and comfortable living space while maintaining the character and lifestyle of a substantial country property. Living in Douro-Dummer also means enjoying convenient access to community centres, parks, sports fields, playgrounds, nature trails, and outdoor recreation, including the Robert Johnston Eco Forest Trails and Warsaw Caves Conservation Area. A rare combination of Douro-Dummer acreage, workable farmland, equestrian facilities, outbuildings, a renovated residence, and proximity to Lakefield and Peterborough makes this an exceptional opportunity for those looking to enjoy the Peterborough County rural lifestyle.
4 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $1,454 per square foot. Chat with Zara if you'd like a deeper read on whether this farm fits your budget and timing.
Inside 583 Second Line
Every detail from the listing, in one place.
Type
Farm
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Lot size
48.00 x 48.00 Acres
Parking
50 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
50
Interior
Basement
Full · Unfinished
Lot & land
Lot dimensions
48.00 x 48.00 Acres
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Farm
583 Second Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13753972$1,599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 583 Second Line Compares to the Douro-Dummer Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,855
/mo
based on the purchase price of $1,599,000
$319,800 cash
$1,279,200 financed
$1,077,422 total interest
Principal54%$1,279,200
Interest46%$1,077,422
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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Keep looking near 583 Second Line
Homes for sale in Douro-Dummer
Every active Douro-Dummer MLS® listing, updated all day.
Average days on market53Homes sold in about 53 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings67Homes for sale here right now.
Median vs prior 90 days−13.5%Compared with May 15 – Aug 13, 2026: prices down.
Based on 38 sales from Aug 13 – Nov 11, 2026 (25 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 583 Second Line
How much is 583 Second Line listed for?
583 Second Line is listed at $1,599,000 (MLS® X13753972). Summitly updates the price as soon as the MLS® record changes.
Is $1,599,000 a good price for 583 Second Line?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Douro-Dummer. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 583 Second Line changed?
No — 583 Second Line is still listed at its original asking price of $1,599,000.
How many bedrooms and bathrooms does 583 Second Line have?
583 Second Line has 4 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a farm home in Douro-Dummer.
How much would the monthly mortgage be on 583 Second Line?
About $7,855 a month — principal and interest on $1,599,000 with 20% down ($319,800), 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.
How does 583 Second Line compare with other homes in Douro-Dummer?
Its asking price of $1,599,000 is about 137% above the median sold price in Douro-Dummer over the last 90 days, $675,000, across 38 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 583 Second Line been sold before?
Summitly has no earlier MLS® sale or lease of 583 Second Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 583 Second Line?
583 Second Line is in Douro-Dummer, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 583 Second Line been on the market?
64 days — 583 Second Line was listed on September 8, 2026.
What is the price per square foot of 583 Second Line?
About $1,066 to $1,454 per square foot: the asking price of $1,599,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 583 Second Line have parking or a garage?
Yes — the listing gives 50 parking spaces.
Does 583 Second Line have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
