$499,000 FOR SALE

Property

Bedrooms: 3Bathrooms: 1

32 Driftwood
Launching, PE C0A 1G0

If you are a prospector, this is the once in a lifetime find. A rare diamond not to be duplicated anywhere on PEI. The property is 7.1 acres with 324 ft of water frontage and extends to the high water mark on the ocean. (This properly is now significantly larger due to accretion https://beachapedia.org/Accretion ) The property fronts on a marram grass dune and you have direct access to over a mile of private white sand beach that connects Launching Point to the Boughton Island nature preserve. There is a southern exposure and no bank from the property to the dunes. There is a road and power into the land as well as an older cottage, a bunkie with a full bathroom and two sheds. Paths run through the land and there are grown up gardens that need to be revitalized. The cottage could be renovated or moved to the back of the property and build your new dream home with the best view on PEI. This property truly is a nature lover's paradise where you can kayak, beach comb, dig clams, photograph many birds including piping plovers and eagles, and just dig your feet in the sand and enjoy the quiet, peace, and tranquility. This property is also ideal for a resort development or summer cottage rental business. The cottage and 1.22 acres is exempt from HST. The remainder approximately 5.9 acres is HST applicable and is over and above the purchase price. (id:47423)

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Listed By ROYAL LEPAGE PRINCE EDWARD REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202314165
Last Updated Feb 14, 2024
Property Summary
Property Type Other

More like this:
Community Launching
Price History
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Detailed Information
Bedrooms 3
Bathrooms 1
Listing Contract Date 2023-07-11
Municipal ID 861526
Ownership Type Freehold
Property Type Recreational
Transaction Type For sale
Waterfront Type Waterfront
Building
Appliances Stove, Refrigerator
Basement Type None
Construction Style (Attachment) Detached
Exterior Finish Vinyl
Flooring Type Linoleum
Heating Fuel Electric
Heating Type Baseboard heaters
Total Finished Area 1150 sqft
Type Recreational
Utility Water Well
Land
Total Size 7.1
Acreage Yes
Sewer Septic System
Size of Irregular Land 7.1

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