
Recreational For Sale
$499,000
MLS® Number: 202519091
Bedrooms
3
Bathrooms
1
Land Size
7
Recreational For Sale
$499,000
Bedrooms
3
Bathrooms
1
Land Size
7
32 Driftwood, Launching, Prince Edward Island
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
Listed By
ROYAL LEPAGE PRINCE EDWARD REALTY
Mortgage Calculator
Estimated Monthly Payment
$2,451
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,451
Principal and interest only. Actual rates may vary.