2041 Route 960
1 / 51

House For Sale

$459,900

2041 Route 960

MLS® Number: NB122083

Bedrooms

0

Bathrooms

1

Floor Area

901

Land Size

36.95

About This Property

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.

Property Details

Interior Details

Basement

Unfinished, Full

Bathrooms Partial

0

Bathrooms Total

1

Bedrooms Total

0

Heating

Stove, Wood

Living Area

901 sqft

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Wood

Foundation Details

Concrete

Parking Features

Attached Garage

Land & Location

Lot Features

Treed, Balcony/Deck/Patio

Lot Size Area

36.95 hectares

Lot Size Dimensions

36.95

Parcel Number

70142427

Listing & Financials

Listing Office

Royal LePage Atlantic

Originating System Name

New Brunswick REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($91,980)
5.5%
25 Years

Estimated Monthly Payment

$2,259

Principal and interest only. Actual rates may vary.

Location & Map

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