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Key Facts

Type 
Levels Land
Size 11 sqft
Garage No
Taxes $7,298
Days Active 124
Lot Size 
Approx. Age 
Avg. Price Per Sqft $390,454
MLS® Number X12146773

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity on West Lake Prince Edward County This is one of the most exciting development opportunities in Prince Edward County. Set on 10.5 acres with 550 feet of prime waterfront on West Lake and 905 feet of frontage on County Road 12, this property has been rezoned to allow for the creation of a 20-unit cottage resort, each unit approximately 1, 100 sq. Ft. In size. The approved vision also includes a bike retail shop and a restaurant caf, perfectly positioned to capitalize on the steady flow of visitors to nearby Sandbanks Provincial Park. The current owners have invested significant time and resources into planning a thoughtful and profitable resort concept that blends natural beauty with modern amenities. Whether you're an investor looking to develop a tourism destination or an operator with a vision for a hospitality venture, this property offers unmatched potential. There is also the option for a 50% joint venture partnership, giving the right operator the opportunity to co-own and run the future operation. Seller is also offering property at 1856 County Rd 12 at $475, 000. (id:58753)Show Description
MLS® NumberX12146773
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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