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Home PE Lot 49
560 AVONDALE Road
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560 AVONDALE Road $4,900,000
$4,900,000
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560 AVONDALE Road
Vernon River, Prince Edward Island C0A2E0

MLS® Number: 202507337

Listing Description

Secure a rare investment opportunity with Avondale Golf Course, a profitable, championship-caliber facility offering an impressive CAP rate. Situated on approximately 170 acres, this premier destination has hosted national events such as the PEI Open in 2022 and 2023, generating strong brand recognition and consistent annual revenue exceeding $1 million. This turn-key operation includes an additional 380 acres of prime land, offering significant upside for future residential or commercial development. With ample space for single-family homes, cottage clusters, condominiums, or mixed-use projects, the possibilities are extensive and well-aligned with regional growth trends. Within a 30-minute radius, the course draws from Charlottetown?s metropolitan population of over 40,000, along with the fast growing town of Stratford. The area also includes residents from southern Queens and eastern Kings Counties, where rural development is on the rise. In addition, Avondale lies along a key tourism corridor that funnels thousands of seasonal visitors between the North Shore, Points East Coastal Drive, and central PEI?making it ideally situated to capitalize on both local and tourism-driven traffic. With a strong foundation, proven profitability, and unmatched development potential, Avondale Golf Course presents a compelling opportunity for investors, developers, and golf industry professionals alike. This offering combines the operational strength of a thriving golf business with the long-term value of a large-scale land holding in one of Prince Edward Island?s most desirable regions. (230651305)

Property Summary

Property Type
Other
Storeys
3
Community Name
Vernon River
Title
Freehold
Land Size
550 ac
Built in
2002
Parking Type
Parking Space(s)
Time on REALTOR.ca
39 days

Building

Interior Features
Flooring
Other
Building Features
Features
Paved driveway
Construction Material
Concrete Walls, Wood frame
Fire Protection
Monitored Alarm, Smoke Detectors
Utilities
Water
Drilled Well
Business
Business Type
Recreation (Recreation)
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Highway, Public Transit
Parking
Parking Type
Parking Space(s)

Measurements

Square Footage
3000 sqft
Total Finished Area
3000 sqft

Land

Lot Features
Land Disposition
Cleared
Other Property Information
Access
Highway access
Zoning Description
Rural
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4
James Beaton