2417 East Margaree Road E, Margaree Valley, NS

$2,590,000

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1071.00

Acres

About 2417 East Margaree Road E

Attention all investors: this is the one! The Golden Grove at Margaree is located in what is now ranked the No.1 Canadian Island Destination. The offer sits on +1200 acres of land, nearly 4.5km of water frontage on the famous Margaree River, at the historic crossroads of Margaree Forks and the spot where the Ceilidh Trail meets the Cabot Trail. This once in a lifetime investment opportunity includes nine separate lots stretching across farm land, river frontage, prestine mountain and The Margaree Research Shed. The Shed was designed by renowned Canadian Architect Brian Mackay-Lyons, with the original purpose to serve as a project headquarters for The Golden Grove project. The Shed also acts as an operations base for river and mountain activities. The property's proximity to the Cabot Link Golf Course and Cabot Shores is one of its many desirable features. Accommodations in this area are highly coveted and extremely limited, this adds immense value to any investors looking to enter the increasingly popular culture based travel industry in Cape Breton. With fertile interval farmland, hardwood highland forests and the possibilities offered by the surrounding community, this opportunity is home to endless possibilities. Be a custodian to this regions lasting beauty & culture. Community partners are standing by to support a creative vision that values the land & history of special place. Become a part of history. Invest in The Golden Grove.

Features of 2417 East Margaree Road E

MLS® # 202204287
Price $2,590,000
Bathrooms 0.00
Acres 1,071.00
Type Land
Sub-Type Unimproved Land
Status Closed
Date Sold May 12th, 2022

Community Information

Address 2417 East Margaree Road E
Area Highland Region
District 306-Inverness County / Inverness & Area
City Margaree Valley
County Inverness
Province NS
Postal Code B0E 2B0

Amenities

Utilities Cable Connected, Electricity Connected
Parking Gravel
Is Waterfront Yes
Waterfront River Front, River Access, Stream/Pond
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Partially Cleared, Rolling Slope, Sloping/Terraced, Softwood Bush, Wooded, Over 100 Acres

Additional Information

Days on Market 796
Zoning Resource/Res

Listing Details

OfficeEngel & Volkers

Listing Map