2041 Route 960, Upper Cape, New Brunswick

$285,000

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1

Bath

901

Square feet

91.31

Acres

About 2041 Route 960

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. -To be Sold As Is- No building permits- 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. 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 being built by the owner who has been building it over time and is ideal for a handy buyer, investor, or someone seeking privacy, and the rare opportunity to build equity through sweat and vision while benefiting from consistent passive income. Don't miss your chance to create something truly special in a beautiful setting with built-in long-term value. (id:36535)

Features of 2041 Route 960

Listing # NB142105
Price $285,000
Bathrooms 1.00
Square Footage 901
Acres 91.31
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 2041 Route 960
City Upper Cape
Province New Brunswick
Postal Code E4L1X7

Amenities

Features Treed, Balcony/Deck/Patio
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Wood Stove
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type Full (Unfinished)
Basement Development Unfinished

Exterior

Exterior Wood
Foundation Concrete

Listing Details

OfficeCourtesy Of Royal LePage Atlantic

Listing Map