Pending/Conditional





US$ 19,000,000 MLS #417475
About the Property
Presenting an Extraordinary Oceanfront Development Opportunity!
This remarkable land parcel spans an expansive 8.3 acres, boasting an impressive 1,000 linear feet of ocean frontage to the south, offering breathtaking views and vast potential for development.
With 740 linear feet of road frontage onto both Prospect Point Road and Shamrock Road, accessibility is seamless, ensuring convenience for future residents and visitors alike.
Zoned as Beach Resort/Residential, this property serves as a blank canvas for discerning developers. Whether envisioned as a luxurious retirement community, an exclusive resort destination, luxury apartments or a tranquil coastal retreat, this property provides an ideal foundation for a remarkable development.
Equipped with a comprehensive conceptual design package and drawings for a retirement village, developers will have a valuable head start in meeting the growing demand for upscale retirement living (view concept package in the link above).
Nestled amidst natural reefs, this parcel offers serene bay views to the west, creating a picturesque backdrop for relaxation and recreation. Residents can indulge in leisurely strolls along the sandy beach area near the western boundary, immersing themselves in the tranquility of coastal living.
With its prime location, detailed conceptual design package, and unparalleled sunset views, this property is poised to capture the attention of investors and developers alike. Don't miss out on this exceptional opportunity—reach out to us today for more information and to unlock the potential of this remarkable investment.
www.youtube.com/watch?v=V_blBKKYD8c
Property Details
Basic Info
- Width708
- Depth641
- Acres8.30
Location & Neighbourhood
Spotts
Spotts
Learn moreSpotts is a peaceful coastal area celebrated for its beautiful beach and opportunities to encounter marine life. Known for its occasional turtle sightings, Spotts Beach invites visitors and locals alike to enjoy its calm waters and picturesque views.
Estimate Your Monthly Mortgage Payment With Ease And Precision
Your Monthly Mortgage Payment
Mortgage amount $7,040,000
Deposit $1,760,000
$51,657
Estimate monthly payment
$880,000
Estimate Closing Costs
*This is a general estimate based on a fixed interest rate and does not account for mortgage insurance or other potential costs. For precise figures, we recommend speaking directly with your mortgage provider.
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