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Renanza Realty
For sale

32 Driftwood Lane

Launching, Prince Edward Island

MLS® 202623577

$499,000

Status
Active
Property type
Recreational
MLS® number
202623577
Bedrooms
2
Bathrooms
1
Year built

Listing description

If you are a prospector, this is the once in a lifetime find. A rare diamond not to be duplicated anywhere on PEI. The property is 5.

6 acres with 150 ft of water frontage and extends to the high water mark on the ocean. (This properly is now significantly larger due to accretion https://beachapedia. org/Accretion ) The property fronts on a marram grass dune and you have direct access to over a mile of private white sand beach that connects Launching Point to the Boughton Island nature preserve.

There is a southern exposure and no bank from the property to the dunes. There is a road and power into the land as well as an older cottage, a bunkie with a full bathroom and two sheds. Paths run through the land and there are grown up gardens that need to be revitalized.

The cottage could be renovated or moved to the back of the property and build your new dream home with the best view on PEI. This property truly is a nature lover's paradise where you can kayak, beach comb, dig clams, photograph many birds including piping plovers and eagles, and just dig your feet in the sand and enjoy the quiet, peace, and tranquility. This property is also ideal for a resort development or summer cottage rental business.

Property summary

MLS® number
202623577
Property type
Recreational
Building type
Recreational
Title
Freehold
Land size
5.6 acres
Annual property taxes
$1,849.00
Days on market
5 days

Features & details

Heating
Baseboard heaters, Electric
Basement
None
Flooring
Linoleum
Appliances
Refrigerator, Stove
Exterior features
Vinyl
Waterfront
Waterfront

What would this home cost you?

Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,322 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE PRINCE EDWARD REALTY, Charlottetown..

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.