Luxury Homes
Nova Scotia
$1,499,900

65 Jessicas Way

Greenwich Nova Scotia B4P 0B2
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Vacant Land
MLS® 202525236
Listing Courtesy of Homelife City & Valley

Description

Exceptional 13-acre residential development site plus 2 Homes WITH POTENTIAL TO BUILD 1 MORE HOME ON THE PROPERTY WITHOUT THE NEED TO SUB - DIVIDE PLUS DEVELOPMENT POTENTIAL FOR 25 TO 30 LOTS IF YOU WISH TO SUB-DIVIDE., located in Greenwich, Nova Scotia, extending from Jessicas Way. This prime property offers municipal water and sewer connections, making it an ideal opportunity for subdivision and residential development. The gently sloping topography allows for elevated building sites with potential panoramic views of the Annapolis Valley and Cape Blomidon. Preliminary assessments suggest the potential to develop 2535 residential lots, subject to municipal approval. The property also includes two modern, income-producing homes: A 1,400 sq. ft. bungalow with high-end finishes, currently rented. A 1,300 sq. ft. bungalow with high-end finishes, configured as a two-unit apartment rental with an attached garage. The homes can be assigned a PID # and sold to provide investment dollars to develop the remaining 25 - 35 lots. These homes collectively generate $6,800 per month ($81,600 annually) in rental income, offering substantial cash flow to support ongoing development. Apt 1 $1750 per month, Apt 2 $1750 per month. Main home $3300 per month. This is a rare investment opportunity in a desirable area of the Annapolis Valley, combining strong existing revenue with significant development potential in one of Nova Scotias most sought-after communities. (id:56844)

ID:
202525236
Category:
Vacant Land
Status:
Active
Lot:
13 acres
MLS® Number:
202525236
Common Interest
Freehold
Parcel Number:
55194849
Community Name:
Greenwich
Days On Market:
100
View
  • View of water
Lot Features
  • Treed
  • Sloping
Grenwich to Jessicas Way, property at end of Rd.
Neighbourhood map for property at 65 Jessicas Way
65 Jessicas Way Greenwich
Provincial Map showing 65 Jessicas Way
65 Jessicas Way Greenwich

Inquire Today

Dawn Magee
Dawn Magee

902-277-0510 dawn@movenovascotia.com

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