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. 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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bathrooms
1
Equipment
None
Features
Treed, Balcony/Deck/Patio
Municipal ID
70142427
Ownership Type
Freehold
Property Type
Single Family
Rental Equipment
None
Transaction Type
For sale
Building
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
Total Finished Area
901 sqft
Type
House
Utility Water
Drilled Well
Rooms
Room
Level
Dimensions
Notes
Other
Basement
13'10'' x 14'5''
Other
Basement
17'8'' x 18'10''
Other
Basement
22'7'' x 19'10''
Other
Main level
9'8'' x 9'1''
Other
Main level
9'2'' x 15'6''
Other
Main level
9'8'' x 10'4''
Living room
Main level
23' x 19'1''
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
36.95 hectares
Access Type
Year-round access, Water access, Public Road
Acreage
Yes
Sewer
Septic System
Size of Irregular Land
36.95
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