REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,950,000
Est. payment | /mo
10 SqFt
$ 4,950,000
Est. payment | /mo
10 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 10 sqft
Price per Sqft $495,000
Subdivision Hallowell Ward
MLS Listing ID X12146773
Annual Tax Amount $7,298
Tax Year 2024
Property Sub-Type Land
Property Description
Exceptional Investment Opportunity on West Lake Prince Edward CountyThis 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. Learn more and view the full rezoning details here: www.thecounty.ca/z22-24-west-lake-lodge-ltd/
Location
Province ON
County Prince Edward County
Community Hallowell Ward
Area Prince Edward County
Exterior
Utilities Available Yes
Lot Frontage 905.02
Lot Depth 649.41
Listed by RE/MAX QUINTE LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "