Single Family Homes for Sale in Peterborough – Trails of Lily Lake by Dietrich Homes

Project Overview

Trails of Lily Lake will likely appeal most to move-up buyers, downsizers who still want space, and local buyers looking for a newer low-maintenance home rather than entry-level pricing. With just 7 homes and prices from $729,000 to $950,000, this is a small offering in Peterborough, not a large master-planned community. Dietrich Homes is building the project at 663 Lily Lake Road, 689 Lily Lake Road, and 739 Lily Lake Road, in the city’s north east area near the edge of established residential neighbourhoods and green space. This part of Peterborough suits buyers who want a quieter setting without being cut off from daily amenities. The Lily Lake area is known for its access to outdoor recreation, with nearby trails, natural areas, and easy drives to larger shopping and service nodes elsewhere in the city. Trent University is in the north end of Peterborough, and the broader area is popular with buyers who appreciate a balance of residential streets, open space, and practical access to the rest of town by car. For buyers comparing limited new construction options in Peterborough, the scale here is part of the appeal. A 7-unit project usually means less turnover and a more contained feel than a larger subdivision release. If you are looking for a pre-construction purchase in Peterborough and want a north east location near Lily Lake, Trails of Lily Lake is a focused option in a price range that will generally attract established homeowners rather than first-time buyers.