8979 Highway 201, Nictaux, NS

$874,000

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9.87

Acres

About 8979 Highway 201

Welcome to the iconic property formerly known as the Falcourt Inn—a rare large-scale redevelopment opportunity set on nearly 10 acres of riverfront land along the Nictaux River. Anchored by a 6,700+ sq. ft. 9 bed 9 bath Craftsman-style main lodge (circa 1919–1920), this landmark estate offers a compelling foundation for multi-unit residential, mixed-use, or income-producing development. The site currently includes multiple existing structures—a 2–3 bedroom house, 3–4 bedroom mobile, 1-bedroom cabin, gym, and three additional outbuildings—providing immediate rental potential while offering flexibility for reconfiguration, expansion, or phased redevelopment. With R5 zoning, the property supports a broad range of permitted uses, including multi-unit residential, hotel/motel, institutional, or mixed-use projects, making it well-suited for investors seeking scale, density, and long-term upside. Featuring approximately 1,000 feet of river frontage, the property presents a unique opportunity to create a differentiated rental or lifestyle-focused development, whether that be riverfront apartments, short-term accommodations, or a purpose-built multi-unit community in a tranquil natural setting. Strategically located just minutes from Middleton and 14 Wing Greenwood, and within easy reach of the Annapolis Valley’s growing employment base, wineries, trails, and coastal attractions, this property offers investors a rare combination of land, zoning flexibility, existing improvements, and redevelopment potential—a true value-add opportunity with multiple exit strategies.

Features of 8979 Highway 201

MLS® # 202618082
Price $874,000
Acres 9.87
Year Built 1920
Type Residential Income
Sub-Type Multi Family (Other)
Status Active

Community Information

Address 8979 Highway 201
Area Annapolis Valley
District Annapolis County
Sub-District V3
City Nictaux
County Annapolis
Province NS
Postal Code B0S 1P0

Amenities

Utilities Electricity Connected, Propane
Parking Gravel
View River
Is Waterfront Yes
Waterfront River Front, River Access, Fresh Water
Has Pool No

Interior

Interior Features Dining Room, Exercise Room
Appliances Other
Heating Baseboard, Forced Air, Furnace, Ductless, Other Heating/Cooling
Cooling Air Conditioning, Other Heating/Cooling, Ductless
Fireplace Yes
Fireplaces Fireplace(s)
Has Basement Yes
Basement Partially Finished, Other

Exterior

Lot Description 3 to 9.99 Acres
Roof Asphalt, Metal
Construction Shingle Siding, Steel Siding, Vinyl Siding
Foundation Block, Concrete Perimeter, Wood, Other

Additional Information

Zoning R5

Listing Details

OfficeRE/MAX Nova

Listing Map

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