Cape Breton Estates: Land of the Golden Arms

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Cape Breton Estates: land of the golden arms

Current Property Listings:  PAGE 1 (of 6)

For more information & photos on listed properties, please click "...Details"

NEW LISTING

HOWIE CENTRE: 500 Acre Suburban Farm

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A very unusual offering. 500 acres of mixed farmland and woods including 2700' on Joe's Lake. The main farm has been operating as a dairy farm since the 1700s in the same family, and when ceased being a dairy operation the owner has upgraded and refurbished the entire 24,000 sq. ft. of barns as well as the home, a substantial and modernized building of 28' x 60' with high tech heating systems, and thoroughly modernized interior. The existing farm acres comprise about 115 acres of good quality grass, which is baled every year, with an operating potential of 13,500 square bales, and is only about 7 years since being regularly limed etc. The land is bracketed by housing developments and obviously has a potential for mixed use, including beef cattle, wood sales, actual truck garden food production, and land sales. The property throws off a gross cash flow of about $40,000/year in storage fees for vehicles, boats and trailers. The municipality is watching the accelerated housing, and concerned that septic density will begin to impinge on private land water wells. It is apparent that once home densities reach a critical level that municipal extension of sewage lines and public water systems will require speedy construction. In the mean time, given slowing international trade and the growing reality of food shortages, Nova Scotia's relatively low levels of food production, (24%) various agricultural investments should be able to demonstrate substantial returns. A 500 acre contiguous parcel of underdeveloped forest and farmland in this area has to be an interesting property and provides an unusual breadth of opportunities. The fact that Joe's Lake is at the end of this land provides an even broader potential. Commission is not payable on the HST portion of the sale price ...Details

NEW LISTING

EAST BAY: Hidden Value - Obvious Appeal

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The critical aspect of a real estate listing is getting the true image across. In this case, there is the very pleasing image that meets the eye and then there's the one you don't see. The true value of this property is hidden by both the rules governing the computation of the total living area and the constraints of the search database. A casual look at the listing suggests the price is too high at over $300 per square foot. In reality, the full basement, also 1642 sq. ft., while not meeting the criteria for "developed", is clean, dry, heated, has windows, and is thoroughly usable. Adding the basement doubles the space and halves the square foot cost, putting it in the lower range for neighbouring properties and less than the average of three appraisals obtained by the owners. Another hidden asset is the home's very high quality in-ground geo-thermal heat pump, including 1500 feet of buried pipes - responsible for one of the lowest cost, highest efficiency systems on the market today. Total cost of power is just $185/month. The home was custom built to take full advantage of the elevated 5 + acre lot overlooking the Bras d'Or Lake. Resembling a high tech aircraft from an ariel perspective, the unique structure features panoramic views of the lake and surrounding mountains. The interior floor plan is well thought out for convenience and appeal. The finishings are high end and the eat-in kitchen manages to be both spacious and cozy. The unusual great room has a floor-to-ceiling fire place, vaulted ceiling, and a perimeter wall of windows highlighting the spectacular view. Sailing, hiking, golf, wintertime skiing, and services are all nearby but far enough away to allow peaceful suburban living ...Details

NEW LISTING

CAP LE MOINE: A Beautiful Bargain

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Tucked away from traffic and tourists, this delightful corner of peace and beauty is a rare opportunity. The price per square foot of living space is average for this area, but nothing else is. Those square feet are completely (and very tastefully) furnished from decorative dishes in the kitchen to bed linens for the 3 bedrooms, this place is truly move-in ready. There's a large TV, an oil fired stove, two refrigerator/freezers, washer, dryer, new microwave and comfortable furniture throughout the semi-open concept rooms. The well maintained bungalow has three decks, new windows and doors, a double shingle roof, new paint and more. There are two drives which meet at the heated, wired double garage and there are two additional outbuildings, all conveniently grouped well back from the road on the 1.1 acre property. From any viewpoint, one can't help but appreciate the landscaped yard with its large variety of fruit trees, small trout pond and hardwoods that look spectacular in autumn. The mountain and forest views are gorgeous and the outdoor soundtrack features a bubbling brook and bird song. This is simply a rare and valuable find - an extraordinary opportunity for a vacation or year round home just minutes away from the Cabot Trail and about 20 minutes from Cheticamp. The proximity of the very beautiful National Park, sandy beaches and village services (including the best Co-Op grocery and hardware store) means a comfortable life on all fronts. Walking trails, local mountain views, golf, fishing and abundant wild life enchance this peaceful and relaxing locale ...Details

NEW LISTING

MELROSE HILL: Save Me

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This old house is worth saving but you need to be a DIY person and OK with living off grid. The century house and its 111 acres were once a prosperous farming homestead. Male descendants of the original settlers went off to war in the last century and returned home to pursue urban careers. The family elders sold off the land but kept the house as a summer home for their daughter.  The current owner bought it over 40 years ago and used it seasonally up through 2016. Through the years, she peeled off 10 layers of wallpaper and oiled the beautiful old floorboards along with other renovations. The post and beam home has high ceilings and spacious rooms. The Maple flooring (still level) and very sturdy stair railing were shipped in from Boston. The ground floor layout has many open plan features including a large foyer area. The acreage has approximately 25 cleared acres used most recently to grow blueberries. Apple trees of many varieties can be found all over the rolling land along with forested sections covered by softwoods and some hardwoods. Remnants of a large vegetable garden near the house can be still be seen as well as the concrete foundation of a barn. Anyone choosing to live in this location known as Melrose Hill will have only wildlife for neighbors, will see the night sky devoid of artificial light and never be bothered by road noise. Civilization, however, is not far away. Shopping in Mabou and incredible beaches are just 5 and 10 miles distant respectively. Any buyer interested in pursuing agricultural use of the land may qualify for favorable provincial financing upon purchase. More adjacent land available ...Details

NEW LISTING

BELLE COTE: Journey's End

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High above the Margaree River, at the end of a lengthy woodsy drive, is this sizable and solid home commanding one of the finest river views in Cape Breton. Located about twenty minutes from Inverness and almost the same from Cheticamp, this four bedroom sweeping building has a full 60 feet of 10 foot deep deck that overlooks the river 111 feet below with an unparalleled vista of the wide and powerful river up-stream. The residence is unusually substantial, very comfortable and suitable for year-round living. The living/dining room and master bedroom all have large windows that make the most of the spectacular views of the Margaree River and Valley. The kitchen is well appointed and spacious with open concept dining. Above the attached 13 x 23 ft. garage is a fourth bedroom that could comfortably accommodate up to three beds for visiting fishermen, relatives or friends. With 15 mostly wooded acres, additional building sites could be cleared to provide a Fishing Club with a totally private retreat and some of the best salmon fly fishing in North America. Besides fly fishing (includes brown trout and striped bass as well as salmon) at the doorstep, world class golf courses, Celtic music venues, white sand beaches and more are all close by and easily accessible. While the area attractions have great appeal when you want to take advantage of them, this thoroughly private and permanently quiet haven is just the place to be when it's time to relax and take it easy...Details
 
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