2041 Route 960,Upper Cape, NB E4L1X7
Upper Cape, NB E4L1X7
Description
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. -To be Sold As Is- No building permits- 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 being built by the owner who has been building it over time and is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and vision while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful setting with built-in long-term value. (id:13843)
Details
| MLS # | NB142105 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 63 |
| Listing Provided By | Royal LePage Atlantic | Jennifer Jones |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 901 |
| Basement | Y |
| Acreage | 91.30 |
Exterior
| Lot Features | Treed, Balcony/Deck/Patio |
|---|
Parking
| Parking Features | Attached Garage |
|---|
Taxes
| Tax Annual Amount | 2006 |
|---|
Area Information
| Province | NB |
|---|---|
| City | Upper Cape |
| Postal Code | E4L1X7 |
| Listing VS Median (in E4L1X7) | |
Price: $285,000 low | high Med: $285,000 sqft: 901 low | high Med: 901 $ / sqft: $316 low | high Med: $316 On site: 63 low | high Med: 63 | |
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Learn More About This Property
| Province | NB |
|---|---|
| City | Upper Cape |
| Postal Code | E4L1X7 |
| Listing VS Median (in E4L1X7) | |
Price: $285,000 low | high Med: $285,000 sqft: 901 low | high Med: 901 $ / sqft: $316 low | high Med: $316 On site: 63 low | high Med: 63 | |