32 Driftwood
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Recreational For Sale

$499,000

32 Driftwood

MLS® Number: 202519091

Bedrooms

3

Bathrooms

1

Land Size

7

About This Property

If you are a prospector, this is the once in a lifetime find. A rare diamond not to be duplicated anywhere on PEI. The property is 7.1 acres with 324 ft of water frontage and extends to the high water mark on the ocean. (This properly is now significantly larger due to accretion https://beachapedia.org/Accretion ) The property fronts on a marram grass dune and you have direct access to over a mile of private white sand beach that connects Launching Point to the Boughton Island nature preserve. There is a southern exposure and no bank from the property to the dunes. There is a road and power into the land as well as an older cottage, a bunkie with a full bathroom and two sheds. Paths run through the land and there are grown up gardens that need to be revitalized. The cottage could be renovated or moved to the back of the property and build your new dream home with the best view on PEI. This property truly is a nature lover's paradise where you can kayak, beach comb, dig clams, photograph many birds including piping plovers and eagles, and just dig your feet in the sand and enjoy the quiet, peace, and tranquility. This property is also ideal for a resort development or summer cottage rental business. The cottage and 1.22 acres is exempt from HST. The remainder approximately 5.9 acres is HST applicable and is over and above the purchase price.

Property Details

Interior Details

Appliances

Refrigerator, Stove

Basement

None

Bathrooms Partial

0

Bathrooms Total

1

Bedrooms Total

3

Flooring

Linoleum

Heating

Baseboard heaters, Electric

Building & Exterior

Exterior Features

Vinyl

Land & Location

City Region

Launching

Lot Size Area

7.0 acres

Lot Size Dimensions

7

Parcel Number

861526

Listing & Financials

Listing Office

ROYAL LEPAGE PRINCE EDWARD REALTY

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Waterfront Features

Waterfront

Mortgage Calculator

20% ($99,800)
5.5%
25 Years

Estimated Monthly Payment

$2,451

Principal and interest only. Actual rates may vary.

Location & Map

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