2041 Route 960Upper Cape, NB E4L 1X7
Description
Unfinished Custom Home on 91 acres & Lucrative Income Potential! Perfect for a visionary buyer to complete a dream home and invest in a property that offers lifestyle and income potential. Nestled in a private, serene setting just minutes from the Confederation Bridge to PEI, this unique unfinished new construction sits on approximately 91 acres and includes beach access across the road. -To be Sold As Is- No building permits- The home offers a spacious layout, a large open-concept living area with vaulted ceilings, a double attached garage, and numerous rooms awaiting your personal touch. The basement is roughed-in and ready to be transformed, providing even more living space. Through an existing agreement related to renewable energy infrastructure TransAlta: Turbine compensation could generate approximately $24,800/year per turbine (based on 6.2 MW generation). Currently provides an estimated annual revenue of $1,365, bringing your total to $26,165/year in supplementary income. Additional compensation includes $30/acre/year for other infrastructure and $2,730/year if a laneway is established. Compensation increases by 10% every 5 years for the duration of the agreement. Documents can be provided. This property is being built by the owner who has been building it over time and is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and vision while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful setting with built-in long-term value. (id:31684)
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Structure type
- House
- Living area
- 901 Sq Ft
- Lot dimensions
- 36.95
- Ownership
- Freehold
- Listing #
- NB142105
Property Features
- Exterior
- Balcony
- Heating
- Wood
- Flooring
- Other
- Basement
- Unfinished · Full
- Parking
- Attached
- Lot features
- Wooded
- Construction
- Wood Siding
- Sewer
- Septic Tank
- Water source
- Well
Rooms
Basement
- Other14'5'' x 13'10''
- Other18'10'' x 17'8''
- Other19'10'' x 22'7''
Main level
- Other9'1'' x 9'8''
- Other10'4'' x 9'8''
- Other15'6'' x 9'2''
- Living Room19'1'' x 23'
Financial Details
- Annual taxes
- $2,006
- Parcel number
- 70142427
Directions
Take Rte 16 to Rte 960 in Upper Cape see sign to #2041
Listing Courtesy: Royal LePage Atlantic
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