Tucked away on a desirable and generously sized lot in one of Peterborough's most sought-after locations, 277 Old Street offers a rare opportunity to create something truly special. Surrounded by mature trees and set back from the road, this contemporary residence provides exceptional privacy, expansive outdoor space, and the flexibility to enjoy everything from gardening and recreation to peaceful everyday living. Designed with a distinctly modern aesthetic, the home features approximately 2,700 square feet of living space with warm natural wood finishes, dramatic ceiling lines, and a striking brick fireplace that anchors the main living area. Large windows and glass doors bring in natural light and connect seamlessly to the expansive deck, creating an ideal setting for entertaining, outdoor dining, or simply enjoying the surrounding landscape. The floor plan offers generous room sizes and a comfortable flow, including three bedrooms and multiple gathering spaces, providing flexibility for guests, remote work, or changing lifestyle needs. While the property has been thoughtfully maintained over the years, it presents an excellent opportunity for cosmetic updates and modernization, allowing the next owner to tailor the home to their own style and vision. Existing features including a wood stove insert, fireplace, split-system cooling, attached garage, and substantial deck provide a strong foundation for future improvements. Whether your vision includes expansive gardens, outdoor recreation, or simply enjoying the serenity of a large private lot close to town, 277 Old Street presents a compelling opportunity to make it your own.