
Recreational For Sale
$259,000
MLS® Number: 202601105
Bedrooms
3
Bathrooms
1
Land Size
0.5
Year Built
1994
Recreational For Sale
$259,000
Bedrooms
3
Bathrooms
1
Land Size
0.5
Year Built
1994
98 Charlie's Lane, South Pinette, Prince Edward Island
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
Listed By
ROYAL LEPAGE PRINCE EDWARD REALTY
Mortgage Calculator
Estimated Monthly Payment
$1,272
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,272
Principal and interest only. Actual rates may vary.