
MLS #1299207 · Loon Bay
0 Lane One Path
- Type
- Single Family
- Agent
- Gerry Canning
- Brokerage
1 / 19Property Details
Rare opportunity to own 1.16 acres of oceanfront property in the beautiful community of Loon Bay. Situated on both sides of the road, this unique parcel offers incredible potential for redevelopment, investment, or the construction of your dream waterfront home. The property currently includes a house that has been vacant for several years and is in need of major repair. The home does not have functioning septic or electrical services and is being sold as-is, where-is. A trailer located on the opposite side of the road is also included and is considered uninhabitable. The true value of this property lies in the land and its exceptional oceanfront setting. The parcel across from the house extends right to the water's edge, offering a prime location for future development with stunning views of the bay and endless possibilities for creating your own coastal retreat. Whether you're looking for a waterfront building lot, a development opportunity, or a project in a quiet location, this property offers tremendous potential in a picturesque Newfoundland setting. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$69,000
Amortization
Estimated Monthly Cost
$1,034
Cash To Close
$3,450
Under 20% down requires CMHC default insurance, added to your loan. Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
Contact Felix
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