98 Charlie's Lane
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Recreational For Sale

$259,000

98 Charlie's Lane

MLS® Number: 202601105

Bedrooms

3

Bathrooms

1

Land Size

0.5

Year Built

1994

About This Property

Welcome to 98 Charlie's Lane, a charming and well-maintained 3-bedroom, 1-bathroom cottage set on 0.4 acres with 103 feet of private waterfront on the beautiful Pinette River. Whether you're looking for a seasonal retreat, a smart investment property, or a future year-round home, this turn-key cottage offers exceptional value and potential. The home is built on a solid 5-foot concrete foundation, is fully insulated, and features electric baseboard heating, making it comfortable during the spring, summer, and fall?and easily adaptable for year-round living with minimal upgrades. Inside, the cottage is furnished and comes equipped with a fridge, stove, washer, and dryer. The open and inviting layout is perfect for hosting family and friends or relaxing in comfort. Recent exterior upgrades include a durable steel roof, newer vinyl siding, and vinyl windows and doors, offering long-lasting, low-maintenance protection from the elements. Enjoy the outdoors from the wrap-around deck, where you can take in the river views, BBQ, or unwind after a day on the water. A shed provides handy extra storage space for tools, gear, or seasonal items. There is a new water heater (2023) and a UV light. Located just 30 minutes from Charlottetown and 20 minutes from Montague, this cottage provides peaceful riverside living with convenient access to shopping, dining, and local attractions. With a successful track record as an Airbnb rental earning $250 per night, this property is a proven income generator. Property taxes are just $1,406 annually, making ownership both enjoyable and affordable. Don't miss this opportunity to own a slice of PEI waterfront paradise?perfect for personal enjoyment, rental income, or both.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Barbeque, Stove, Dryer

Basement

Partial

Bathrooms Partial

0

Bathrooms Total

1

Bedrooms Total

3

Flooring

Laminate, Vinyl

Heating

Baseboard heaters, Electric

Building & Exterior

Architectural Style

Character

Exterior Features

Vinyl

Year Built

1994

Land & Location

City Region

South Pinette

Community Features

Recreational Facilities

Lot Features

Sloping

Lot Size Area

0.5 acres

Lot Size Dimensions

0.5

Parcel Number

706358

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% ($51,800)
5.5%
25 Years

Estimated Monthly Payment

$1,272

Principal and interest only. Actual rates may vary.

Location & Map

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List Property3 Bed 1 Bath Recreational for Sale in South Pinette, Prince Edward Island | $259,000