389 County Rd 48 Road

Belmont-Methuen, Havelock-Belmont-Methuen, K0L 1Y0

$749,000

Reduced $251,000 from $1,000,000

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Listed 95 days ago · MLS® X13577022

About this home

This unique 166-acre property minutes from Havelock combines substantial land with versatile buildings, offering strong appeal as an investment and land-banking opportunity. The 4-bedroom, 2-bathroom home provides comfortable accommodation, featuring an enclosed front porch with direct entry into the dining room, a bright living room with stairs leading to the second floor, and a well-laid-out kitchen with adjoining laundry room. The second-floor foyer/sitting area creates additional usable space between bedrooms, enhancing the home's functionality for tenants or owner-occupiers. **Modern mechanicals include a furnace, water softener, and hot water tank installed in November 2019, plus 100-amp electrical service in the residence. A double car garage with an additional shed behind it can function as a third indoor parking bay, adding value for storage or tenant use. The standout feature is the two-level barn, approximately 1,900 sq ft per level with 400-amp service, ideal for a car collection, woodworking or metalworking shop, storage for landscaping and snow equipment, adult "toys" such as boats, RVs, dirt bikes and jet skis, seasonal household storage, or potential event and hobby space (subject to approvals). **Situated on County Rd 48 with over 5,000 ft of frontage, the property benefits from excellent road exposure and convenient access for future commercial-style rural uses. A preliminary indication suggests the possibility of severing the land into up to four lots, with the prospect for more subject to buyer due diligence and municipal approvals, giving investors room to explore future subdivision or phased disposal strategies. With multiple permitted uses including agricultural, home occupation, home industry, recreational and other rural operations, this property offers an attractive blend of current utility and long-term appreciation potential in a growing rural corridor.

Details

Type
Investment
Lot
5059.48 × 2613.76 ft
Garage
Double Detached
Property tax
$3,887 (2026)
Neighbourhood
Belmont-Methuen
Municipality
Havelock-Belmont-Methuen

Heating, cooling and services

Heating
Propane Gas
Water and sewer
Septic
Utilities
Yes

Building and exterior

Building area
166 Acres

More

Possession
T.B.D
Cross street
CR48 & Mid-Belmont 7th Line

History of this address

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

Listed by KELLER WILLIAMS PORTFOLIO REALTY.

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