8 Duncan Lane
Alberton, Prince Edward Island
MLS® 202606796
$990,000
- Status
- Active
- Property type
- House
- MLS® number
- 202606796
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 2004
1 / 45Listing description
Positioned just 5 minutes from Alberton, this expansive 80 acre property on the Kildare River presents a compelling opportunity for developers seeking scale, natural assets, and multiple value-creation paths. With approximately 930 feet of river frontage, the property offers a rare combination of waterfront access, usable acreage, and existing infrastructure. The site features a diverse mix of cleared areas, mature woodlot, and regenerating forest, providing flexibility for phased development or subdivision (subject to local approvals).
The natural topography and riverfront setting make it well-suited for a range of concepts, including a waterfront cottage community, a residential subdivision, a campground, or even a resort concept. The property currently consists of a 3 bedroom 2 bathroom bungalow with attached garage and workshop, in floor heat, and back up power from a 5000 Watt Honda Generator. There is also a separate 2 bedroom 1 bathroom waterfront cottage that provides a short term rental opportunity or great for guest accommodations.
The property also consists of 930 ft. of waterfrontage, 18 acres of established woodlot (24 years growth) and 15 acres of reforested land (5 years growth). There is a great opportunity here for a developer to create a tiered subdivision with multiple lots and a strong price differentiation that could appeal to many people looking to build waterfront estates, more modest homes or even have an area where they could park an RV or build a seasonal property.
Property summary
- MLS® number
- 202606796
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 80 acres
- Built in
- 2004
- Annual property taxes
- $4,612.00
- Parking
- Attached Garage, Heated Garage
- Days on market
- 141 days
Features & details
- Heating
- In Floor Heating, Oil, Electric, Wall Mounted Heat Pump
- Cooling
- Air exchanger
- Basement
- None
- Flooring
- Laminate, Ceramic Tile, Vinyl
- Appliances
- Satellite Dish, None
- Exterior features
- Vinyl
- Lot features
- Treed, Wooded area, Wheelchair access, Paved driveway, Level
- Community features
- School Bus, Recreational Facilities
- Waterfront
- Waterfront
- Architectural style
- Character
What would this home cost you?
Based on the $990,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE COUNTRY ESTATES 1985 LTD, SUMMERSIDE.
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.