Lot 1 Highway 3, Mahone Bay, NS B0J 2E0

$489,000

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List Price
$489,000
Status
ACTIVE
MLS#
202614736
Lot Size (Acres)
7

Property Description

The Pinnacle of Mahone Bay! Command the highest vantage point on the South Shore with distinct financial, viticulture, & development advantages! Rarely does a property of this magnitude, elevation, and readiness hit the market. Perched atop the highest drumlin overlooking Nova Scotia’s most iconic seaside town, this extraordinary 8-acre parcel represents the absolute crown jewel of local real estate. Offering an unprecedented, panoramic birds-eye view that directly frames the town's famous three churches and the sparkling waters beyond, this property serves as the ultimate blank canvas for a visionary buyer, developer, or investor. The heavy lifting has already been completed to ensure immediate potential. Save months of red tape, engineering costs, and administrative delays with an already engineered, premium approved driveway plan and full environmental approvals in place. The unique, gently rolling topography of the drumlin provides a natural, tiered grandstand, opening the door to multiple high-yield avenues. Whether you envision an exclusive enclave of high-end homes, a commercial vineyard destination, or a magnificent private estate, this is a generational opportunity, just a short stroll from the vibrant waterfront, artisan shops, and local dining of Mahone Bay. Bring your grandest vision to life on the South Shore’s finest, most financially smart vantage point. Important to note that while this property overlooks the heart of the town, it is uniquely positioned within the boundaries of the Municipality of the District of Lunenburg. This strategic location offers exceptional, long-term financial advantages, including significantly lower municipal property tax rates compared to urban town centres and a reduced Municipal Deed Transfer Tax of just 1.25%. Whether you are managing holding costs for a future subdivision or building a sprawling legacy estate, the fiscal benefits of this district provide a massive competitive edge.

Additional Information

Area
South Shore
Features
Hardwood Bush, Sloping/Terraced, Softwood Bush, Wooded, 3 to 9.99 Acres
Utilities
None
Sewer
None

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Calculator source: Real Geeks

Listing courtesy of Exit Realty Metro.