Overview

Property Type Acreage

Description

Exceptional 13-acre residential development site plus 2 Homes WITH POTENTIAL TO BUILD 1 MORE HOME ON THE PROPERTY WITHOUT THE NEED TO SUB - DIVIDE PLUS DEVELOPMENT POTENTIAL FOR 25 TO 30 LOTS IF YOU WISH TO SUB-DIVIDE., located in Greenwich, Nova Scotia, extending from Jessica’s Way. This prime property offers municipal water and sewer connections, making it an ideal opportunity for subdivision and residential development. The gently sloping topography allows for elevated building sites with potential panoramic views of the Annapolis Valley and Cape Blomidon. Preliminary assessments suggest the potential to develop 25–35 residential lots, subject to municipal approval. The property also includes two modern, income-producing homes: A 1,400 sq. ft. bungalow with high-end finishes, currently rented. A 1,300 sq. ft. bungalow with high-end finishes, configured as a two-unit apartment rental with an attached garage. The homes can be assigned a PID # and sold to provide investment dollars to develop the remaining 25 - 35 lots. These homes collectively generate $6,800 per month ($81,600 annually) in rental income, offering substantial cash flow to support ongoing development. Apt 1 $1750 per month, Apt 2 $1750 per month. Main home $3300 per month. This is a rare investment opportunity in a desirable area of the Annapolis Valley, combining strong existing revenue with significant development potential in one of Nova Scotia’s most sought-after communities.

Contact us about this listing & It's History

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

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Property Details

On Market Date2026-01-30T14:45:54
StatusACTIVE
Price$1,499,900.00
NeighborhoodAnnapolis Valley
LocationLat: 45.077536, Lng: -64.405663
Square Feet0.00
Lot Size0.00
Water SourceMunicipal,To Be Verified
SewerMunicipal,To Be Verified
Lot FeaturesSloping/Terraced,Wooded/Treed
Association Fee0.00
Listing Office NameHomelife City & Valley
Listing AgentTodd LeVernois
MLS®202601756
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.

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