Primary photo of Lot Highway 3, Maders Cove
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Vacant Land For Sale

$749,000

MLS® Number: 202607014

Land Size

61.242

Lot Highway 3, Maders Cove, Nova Scotia

About This Property

A rare opportunity overlooking the water of Mahone Bay ! This exceptionally large acreage, consisting of 61 acres close to amenities, with 122 feet on the old coastal highway between Mahone Bay and historic Lunenburg, has elevated sweeping views to the northeast and the sunrise over the ocean. The property consists of four lots, two of which run as adjacent parcels to the "Rails To Trails" to their southwest boundaries, with their total width as one rises up the hill - some distance before reaching The Great Ridge - being 449 feet. This broadest, combined strip of two parcels, 449 ft across, continues within two straight boundaries to where the property reaches a large plateau at the crest of the hill. From the plateau the parallel boundaries gradually descend into the valley before reaching the former coastal railway-line, today known as the "Rails To Trails" (with two, remaining smaller parcels being to the southwest on the other side of this trail). The property offers numerous prospective building sites, with beautiful ocean views, and numerous additional potential sites, upon the more gradual slope, to the southwest directed toward the setting sun and rolling forest. The plateau at the crest of the hill is sizeable. What was once a cabbage field when this was a working farm, is now a grove of tall pines. Access to the trail provides summer recreation for walkers or cyclists headed for town, both in the direction of Mahone Bay, a short distance away, or alternatively to historic Lunenburg. This property has been granted permission for a wharf along the reinforced shoreline across the road, making this acreage a prime candidate for development. With the town of Mahone Bay being just two minutes away and falling under the municipal tax rate of Mader's Cove, this property would be ideal as a single family estate or to create multiple, private, building lots within a natural setting - many having ocean views.

Property Details

Building & Exterior

Parking Features

Parking Space(s), Gravel

Land & Location

City Region

Maders Cove

Lot Features

Treed, Sloping

Lot Size Area

61.2415 acres

Lot Size Dimensions

61.2415

Parcel Number

60174687

Postal Code

B0J2E0

View

Ocean view

Listing & Financials

Listing Office

Engel & Volkers (Lunenburg)

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($149,800)
5.5%
25 Years

Estimated Monthly Payment

$3,680

Principal and interest only. Actual rates may vary.

Location & Map

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