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Home NL Greater St. John's Portugal Cove-St. Philip's
668 Old Broad Cove Road
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668 Old Broad Cove Road $1,200,000
6 days ago
$1,200,000
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668 Old Broad Cove Road
Portugal Cove - St. Philips, Newfoundland & Labrador A1M2B6

MLS® Number: 1283020

Listing 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. (29365410)

Property Summary

Property Type
Vacant Land
Title
Freehold
Land Size
20 Acres|10 - 50 acres
Annual Property Taxes
$400
Time on REALTOR.ca
6 days

Building

Utilities
Utility Sewer
No sewage system
Water
None

Land

Other Property Information
Zoning Description
res
Data provided by: Newfoundland & Labrador Association of REALTORS® 28 Logy Bay Road, St John's, Newfoundland & Labrador A1A 1J4

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