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Listed by Betty Lou Killen • RE/MAX Nova
$7,860,000
Est. payment /mo
462.3 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202611544
HOA Y/N No
Lot Size 462.300 Acres
Acres 462.3
Property Sub-Type Unimproved Land
Source Nova Scotia
Property Description
SIGNIFICANT DEVELOPMENT OPPORTUNITY We are pleased to offer for sale an approximate 463 acres land assembly in the fast growing Stewiacke, Nova Scotia. This significant development opportunity is comprised primarily of farm land, and forested lots with direct access to Highway 102 at Exit 11. The residential properties in this area are not included in the land assembly. Foundational studies have been completed including wetland mapping, traffic impact, preliminary subdivision plan. There is significant land and road frontage to produce 50+ lots as-of-right as well as enough space to build new roads to enable significant subdivision. The current zoning and land formation adds considerable value to the land. When a new residential neighbourhood is created, the value of the lots in this area will be significantly higher. Based on the work of Sightline Planning + Approvals, the best use of the land assembly is to move forward with as-of-right subdivision, creating a new neighbourhood in the rapidly growing community of Stewiacke.
Location
Province NS
County Colchester
Area 105-East Hants/Colchester West
Region Northern Region
Body of Water Shubenacadie River
City Region Northern Region
Interior
Fireplace No
Exterior
Utilities Available To Be Verified
Waterfront Description River Front,Fresh Water
View Y/N No
Garage No
Private Pool No
Building
Lot Description Cleared, Partially Cleared, Hardwood Bush, Softwood Bush, Wooded, Over 100 Acres
Sewer None
Water To Be Verified
Others
Ownership Freehold
ParcelsYN No
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