108 North Shore Road photo 11 / 15

MLS #1296347

108 North Shore Road

Fogo Island (Fogo)

$199,000

2 Beds
2 Baths
1,550 sqft
Single Family
Source Listing

Property Details

Set in the historic community of Fogo, this distinctive modified saltbox home offers a truly one-of-a-kind opportunity to own a piece of Newfoundland character and lore. With unobstructed views over the Eastern Tickle and out to the open ocean, the property delivers a dramatic coastal backdrop that’s as captivating as it is serene. This two-bedroom, two-bath home is being offered “as is”, presenting excellent potential for those looking to restore, renovate, or create a personalized retreat. Notably, key upgrades were completed in 2017–2018, including the roof, foundation, and a 200-amp electrical panel, providing a solid starting point for future improvements as well as a wood stove that has yet to be used. Inside, the spacious living room features a unique elevated section, once used as a performance stage, where the renowned Fogo Island accordion group first practiced, adding a rare cultural and historical touch to the space. Located near scenic hiking trails and surrounded by the rugged beauty of the island, this home is perfect for nature lovers and those drawn to Newfoundland’s rich traditions. Adding to its charm, the property sits in a place once playfully claimed by the Flat Earth Society as one of the “four corners of the Earth,” giving it an extra layer of local intrigue. Whether you’re seeking a creative project, a seasonal getaway, or a home steeped in story and scenery, this property captures the spirit of Fogo Island living like few others can. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$199,000
Down Payment - 5%$9,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,774

Mortgage Payment
$1,133
Property Tax
$141
Insurance
$150
Utilities
$350
Down Payment
$9,950
Loan Amount
$189,050
Total Interest
$150,813

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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