8 Duncan Lane Alberton, Prince Edward Island C0B 1B0

$990,000

Positioned just 5 minutes from Alberton, this expansive 80 acre property on the Kildare River presents a compelling opportunity for developers seeking scale, natural assets, and multiple value-creation paths. With approximately 930 feet of river frontage, the property offers a rare combination of waterfront access, usable acreage, and existing infrastructure. The site features a diverse mix of cleared areas, mature woodlot, and regenerating forest, providing flexibility for phased development or subdivision (subject to local approvals). The natural topography and riverfront setting make it well-suited for a range of concepts, including a waterfront cottage community, a residential subdivision, a campground, or even a resort concept. The property currently consists of a 3 bedroom 2 bathroom bungalow with attached garage and workshop, in floor heat, and back up power from a 5000 Watt Honda Generator. There is also a separate 2 bedroom 1 bathroom waterfront cottage that provides a short term rental opportunity or great for guest accommodations. The property also consists of 930 ft. of waterfrontage, 18 acres of established woodlot (24 years growth) and 15 acres of reforested land (5 years growth). There is a great opportunity here for a developer to create a tiered subdivision with multiple lots and a strong price differentiation that could appeal to many people looking to build waterfront estates, more modest homes or even have an area where they could park an RV or build a seasonal property. (id:56351)

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https://www.realtor.ca/real-estate/29579231/8-duncan-lane-alberton-alberton