Buying or Selling your House in Western Newfoundland and Labrador

668 Old Broad Cove Road

Portugal Cove - St. Philips, Newfoundland & Labrador

$1,200,000

Quick Summary

Location
Portugal Cove - St. Philips, Newfoundland & Labrador
Price
$1,200,000
Building Type
n/a
Property Type
Vacant Land
Status
For sale
Area
n/a
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A1M 2B6
MLS®
1283020
Courtesy Of
Royal LePage Atlantic Homestead
Database ID:52277 DDF Feed ID: 28082390 Latitude: 47.595116 Longitude: -52.87194

Property Description

Exceptional Development Opportunity: 20 Acres of Approved Land in Portugal Cove-St. Philips Rare opportunity to acquire approximately 20 acres of raw, prime real estate, with preliminary approval for up to 83 lots in the highly sought-after area of Portugal Cove-St. Philips. Located just off Broad Cove Road, this expansive property offers unparalleled potential for residential development. The current owner has secured approval in principle for a subdivision with 83 potential lots; however, the exact number of lots can vary depending on the layout and development plans chosen by the new owner. The land has been preapproved by the Town of Portugal Cove-St. Philips, and with the necessary permits, it is ready to be developed into a thriving community. This parcel of land is strategically positioned, offering easy access to local amenities and the stunning natural beauty of the area and breathtaking views of bell island making this an ideal choice for a residential development project. As development progresses, additional permits will be required to ensure all local regulations are met, providing the new owner with a clear and structured path forward. Whether you’re a developer looking to capitalize on this growing region, or a land investor seeking a promising project, this property offers an incredible opportunity. Don’t miss out on the chance to secure one of the last large, approved parcels in the area! Purchasers responsible for GST. (id:47053)

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Building Information

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Full Details

MLS® Number:1283020
Ownership Type:Freehold
Price:$1,200,000
Property Type:Vacant Land
Transaction Type:For Sale
Zoning Description:res
More Information Link: https://www.realtor.ca/real-estate/28082390/668-old-broad-cove-road-portugal-cove-st-philips

Size Total Text:20 Acres|10 - 50 acres
Acreage:true
Sewer:No sewage system
Size Irregular:20 Acres

Utility Water:None
Listing information last updated on 2025-03-27 14:12:31 -0230
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