1866-1874 County Rd 12 Road

Hallowell Ward, Prince Edward County, K0K 2T0

$3,495,000

Reduced $1,455,000 from $4,950,000

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Listed 524 days ago · MLS® X12146773

About this home

Exceptional Investment Opportunity on West Lake Prince Edward County This is one of the most exciting development opportunities in Prince Edward County. Set on 10.5 acres with 550 feet of prime waterfront on West Lake and 905 feet of frontage on County Road 12, this property has been rezoned to allow for the creation of a 20-unit cottage resort, each unit approximately 1,100 sq. ft. in size. The approved vision also includes a bike retail shop and a restaurant café, perfectly positioned to capitalize on the steady flow of visitors to nearby Sandbanks Provincial Park. The current owners have invested significant time and resources into planning a thoughtful and profitable resort concept that blends natural beauty with modern amenities. Whether you're an investor looking to develop a tourism destination or an operator with a vision for a hospitality venture, this property offers unmatched potential. There is also the option for a 50% joint venture partnership, giving the right operator the opportunity to co-own and run the future operation. Seller is also offering property at 1856 County Rd 12 at $475,000.

Details

Type
Land
Lot
905.02 × 649.41 ft
Property tax
$7,298 (2024)
Neighbourhood
Hallowell Ward
Municipality
Prince Edward County

Heating, cooling and services

Water and sewer
Septic
Utilities
Yes

Building and exterior

Building area
11 Acres

More

Possession
Flexible
Cross street
Highway 62 & County Rd 12
Business type
Waterfront

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Listed by Re/Max Quinte Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.