42 Pineridge Road, New Canada, NS B4V 4W8

$7,500,000

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List Price
$7,500,000
Status
ACTIVE
MLS#
202626527
Lot Size (Acres)
2.76

Property Description

Visit REALTOR® website for additional information. Rare opportunity to acquire approximately 94.6 acres of lakefront development land in New Canada, Nova Scotia, offered as one package. This unique offering includes six PIDs with frontage on both New Canada Lake and Haynes Pond, providing an exceptional setting for a potential residential or recreational development just 10 minutes from Bridgewater. Four parcels were previously approved for 39 building lots, and road access is already established. The package also includes two existing dwellings: a residential home at 42 Pineridge Road and a mini home at 64 Pineridge Road, offering potential rental income or accommodation during development. The six parcels range from approximately 2.5 to 75 acres, featuring wooded landscapes and natural lakefront surroundings. The additional 75-acre parcel includes a 55% ownership interest held as tenants in common, offering further potential for land banking, larger estate lots or future development opportunities. Ideally located in the Municipality of the District of Lunenburg, this property combines the appeal of a peaceful rural setting with convenient access to Bridgewater's shopping, hospital, schools and other essential services. Highway 103 provides connections toward Halifax, while Lunenburg, Mahone Bay and South Shore beaches are within driving distance. An exceptional opportunity for developers, investors or those seeking a substantial. landholding with existing infrastructure and potential for phased development. Buyers to verify the current status of previous subdivision approvals, zoning, permitted uses, ownership interests and all applicable development requirements with the appropriate authorities. Acreages are approximate.

Additional Information

Area
South Shore
Features
Partially Cleared, Wooded, 50 to 100 Acres
Parking Features
Other
Waterfront Description
Lake, Lake Privileges, Fresh Water
Utilities
To Be Verified
Water Source
To Be Verified
Sewer
Perc Test On File, To Be Verified
Zoning
RES

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Listing courtesy of PG Direct Realty Ltd..