2041 Route 960, Upper Cape

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. 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 to. 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 ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and visionall while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful coastal setting with built-in long-term value. (id:6289)

Essential Information

Listing #NB122083

Price$439,900

Bathrooms1.00

Square Footage901

Acres91.31

TypeSingle Family

StyleBungalow

Community Information

Address2041 Route 960

CityUpper Cape

ProvinceNew Brunswick

Postal CodeE4L1X7

Amenities

FeaturesTreed, Balcony/Deck/Patio

ParkingAttached Garage

# of Garages1

Interior

HeatingWood Stove

# of Stories1

Exterior

ExteriorWood

FoundationConcrete

Listing Details

OfficeRoyal LePage Atlantic

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