1 Bathroom
901 ft2
Bungalow
Stove
Acreage
$439,900
Unfinished Custom Home on 91 acres & Lucrative Income Potential! Perfect for a visionary buyer to complete a dream home and invest in a property that offers lifestyle and income potential. Nestled in a private, serene setting just minutes from the Confederation Bridge to PEI, this unique unfinished new construction sits on approximately 91 acres and includes beach access across the road. The home offers a spacious layout, a large open-concept living area with vaulted ceilings, a double attached garage, and numerous rooms awaiting your personal touch. The basement is roughed-in and ready to be transformed, providing even more living space to. Through an existing agreement related to renewable energy infrastructure TransAlta: Turbine compensation could generate approximately $24,800/year per turbine (based on 6.2 MW generation). Currently provides an estimated annual revenue of $1,365, bringing your total to $26,165/year in supplementary income. Additional compensation includes $30/acre/year for other infrastructure and $2,730/year if a laneway is established. Compensation increases by 10% every 5 years for the duration of the agreement. Documents can be provided. This property is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and visionall while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful coastal setting with built-in long-term value. (id:19018)
Property Details
MLS® Number
|
NB122083 |
Property Type
|
Single Family |
Equipment Type
|
None |
Features
|
Treed, Balcony/deck/patio |
Rental Equipment Type
|
None |
Building
Bathroom Total
|
1 |
Architectural Style
|
Bungalow |
Basement Development
|
Unfinished |
Basement Type
|
Full (unfinished) |
Exterior Finish
|
Wood |
Foundation Type
|
Concrete |
Heating Fuel
|
Wood |
Heating Type
|
Stove |
Stories Total
|
1 |
Size Interior
|
901 Ft2 |
Total Finished Area
|
901 Sqft |
Type
|
House |
Utility Water
|
Drilled Well |
Parking
Land
Access Type
|
Year-round Access |
Acreage
|
Yes |
Sewer
|
Septic System |
Size Irregular
|
36.95 |
Size Total
|
36.95 Hec |
Size Total Text
|
36.95 Hec |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Other |
|
|
13'10'' x 14'5'' |
Basement |
Other |
|
|
17'8'' x 18'10'' |
Basement |
Other |
|
|
22'7'' x 19'10'' |
Main Level |
Other |
|
|
9'8'' x 9'1'' |
Main Level |
Other |
|
|
9'2'' x 15'6'' |
Main Level |
Other |
|
|
9'8'' x 10'4'' |
Main Level |
Living Room |
|
|
23' x 19'1'' |
https://www.realtor.ca/real-estate/28556739/2041-route-960-upper-cape