Outstanding investment package opportunity to acquire a large portion of a residential subdivision with water utility ownership and administration. Welcome to Seawood Estates, surrounded by the stunning New London Bay in picturesque Stanley Bridge, PEI. This established subdivision offers a unique blend of year-round, seasonal, and accommodation properties, creating multiple revenue streams for the discerning investor. The comprehensive package includes PID 92650, 44.21 acres which includes 21 residential fully serviced lots green spaces, established roads, and bay access points. Additionally, PID 831123 features a 3.19-acre parcel with a 1,500 square foot, 3-bedroom, 2-bathroom house plus a barn housing the essential water utility equipment, strategically zoned for commercial/resort accommodations. The waterfront component includes PID 897942 (3.15 acres) and PID 897934 (2.15 acres), both waterfront parcels zoned for resort accommodations, though subject to a caveat requiring public meeting approval before development. PID 996926 rounds out the portfolio with an additional 0.23 acres of land which is part of the house & barn property. The subdivision currently operates under an established HOA with a maintenance agreement for road upkeep and fee collection, while the water utility remains under seller management. This package offers a perfect opportunity for developers and investors seeking immediate cash flow combined with substantial long-term growth potential. The established community infrastructure and prime Stanley Bridge location create an exceptional acquisition opportunity in today's competitive PEI real estate market, making this an ideal investment for those serious about maximizing both immediate returns and future development potential. (id:27476)
