property-description
Welcome to a rare and substantial land opportunity in the coveted Wedgewood community, offering an exceptional 5.18 acres with frontage on Kearney Lake Road. This unique parcel presents an unparalleled canvas for developers or those seeking ultimate tranquility and privacy mere minutes from the bustling city center of Halifax. The property boasts a variety of elevations and is adorned with an incredible Hemlock forestry. The strategic inclusion of a right of first refusal to an adjoining plot of 1.3 acres enhances the potential for expansion and customization. Opportunities abound for astute developers to capitalize on the diverse topography and modify boundaries to create additional building lots. Alternatively, for those envisioning ambitious plans, consider exercising the right of first refusal on the adjacent parcels, unlocking the potential for even more expansive projects. This comprehensive package comprises four PID's, currently featuring 245 feet of frontage on Kearney Lake Road. Civic #42 is home to a custom-built, multi-tiered residence, standing proudly for 39 years. This spacious 3,800 square feet home boasts 4 bedrooms, 2.5 baths, and includes an additional rental suite with 1 bed and 1 bath, adding flexibility and income potential. Not a developer; create an estate for generations by making your own mark on this existing home and divide off building lots to maximize your value. Civic #44 spans across three lots and currently hosts an older bungalow, offering a prime opportunity for demolition and optimal space utilization. The endless possibilities for redevelopment make this property an enticing prospect for those with a vision. The two PID's available for right of first refusal present an additional 185 feet of frontage on Kearney Lake Road, further expanding the potential for this already remarkable offering. Don't miss out on this once-in-a-lifetime opportunity to own a substantial and versatile piece of land in the heart of Wedgewood. (id:38686)
Tour this home
detailsSection.headers.propertyDetails
Property Tax
: detailsSection.notApplicableLast Updated
: Tue, April 16, 2024Mls Num
: 202325406Listing Date
: Dec 13, 2023
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.102
detailsSection.headers.exteriorFeatures
Acreage
: 5
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Parking Features
: Gravel
mortgage-calculator.title
suggested-listings.similar-city-title
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.