A rare waterfront investment opportunity with exceptional income potential, privacy, and lifestyle appeal. Set on 8.7 acres with more than 950 feet of pristine shoreline on the Bras d'Or Lake, this remarkable Red Islands property offers the unique advantage of two beautifully maintained cottages - ideal for generating rental income, hosting family and friends, or enjoying one cottage while renting the other. Tucked into a deep, sheltered cove just 20 minutes from St. Peter's, the property offers an exceptional level of privacy and tranquility. The main cottage features beautiful wood finishing, an open loft, two bedrooms, and a cozy woodstove, creating a warm and inviting year-round retreat. The second cottage provides an additional private living space complete with its own hot tub and sauna - perfect for relaxing after a day on the water. The property also includes a wharf, private driveway, attached carport, and separate garage, providing plenty of space for boats, vehicles, equipment, and recreational gear. Both cottages are thoughtfully positioned to take full advantage of the spectacular waterfront setting and peaceful surroundings. Offered fully furnished and equipped, with boats, tools, appliances, and much of the furniture included, this is a rare turnkey opportunity with tremendous flexibility. Whether you're looking for a private waterfront escape, a multi-cottage family retreat, or an income-generating property, this exceptional offering provides the opportunity to enjoy the best of Cape Breton waterfront living while making the most of its investment potential. (id:13843)
| MLS # | 202625009 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Year | 1997 |
| Days On Site | 11 |
| Listing Provided By | Cape Breton Realty | Sherry MacLeod |
| Acreage | 8.70 |
|---|---|
| Water Front | Yes |
| Property View | Lake view |
| Heating | Baseboard heaters, Stove, Electric, Wood |
|---|---|
| Appliances | Washer, Refrigerator, Oven |
| Fireplace Yes / No | No |
| Foundation Details | Concrete Perimeter, Piled |
|---|
| Parking Features | Gravel |
|---|
| Sewer | Septic System |
|---|---|
| Water Source | Dug Well, Well |
| Tax Year | 2026 |
|---|
| Province | NS |
|---|---|
| City | Hay Cove |
| Postal Code | B0E3B0 |
| Listing VS Median (in B0E3B0) | |
Price: $725,000 low | high Med: $449,000 On site: 11 low | high Med: 195 | |
| Province | NS |
|---|---|
| City | Hay Cove |
| Postal Code | B0E3B0 |
| Listing VS Median (in B0E3B0) | |
Price: $725,000 low | high Med: $449,000 On site: 11 low | high Med: 195 | |