560 Avondale Road Vernon River, Prince Edward Island C0A 2E0
$4,900,000
This is the Best Value Golf Course on PEI! Welcome to Avondale Golf Course, a unique opportunity, for investors interested in developing mixed residential communities within the 380 acres surrounding the 170 acre golf course, 15 minutes from Stratford. The course's picturesque location and established reputation make it an ideal location for high-end residential communities that cater to golf enthusiasts and those seeking a peaceful, luxurious lifestyle. One potential development opportunity is to construct a range of luxury condominiums throughout the property, offering spectacular views of the golf course and the surrounding countryside. Another option is to develop mixed residential communities, including single-family homes, townhouses, and condos. These communities could be designed to integrate seamlessly with the natural landscape, offering residents a peaceful and serene living experience. Additionally, the communities could feature a range of amenities such as community centers, parks, and walking trails, providing residents with a range of recreational options, and commercial businesses along the 500 meters of frontage on Highway 3. Entire golf course business (currently generating over $1 million in revenue annually), including $1.4 million in equipment, 3000sqft pro shop, and 5000sqft garage to be included in this rare and unique offering. This is a rare opportunity. With its stunning location and established reputation, Avondale is an ideal location for investors looking to capitalize on the growing demand for high-end residential properties. (id:48050)
Property Details
| MLS® Number | 202304139 |
| Property Type | Other |
| Community Name | Vernon River |
| Amenities Near By | Highway, Public Transit |
| Community Features | High Traffic Area |
Building
| Constructed Date | 2002 |
| Construction Material | Concrete Walls, Wood Frame |
| Fire Protection | Monitored Alarm, Smoke Detectors |
| Flooring Type | Other |
| Stories Total | 3 |
| Size Interior | 3000 |
| Total Finished Area | 3000 Sqft |
| Utility Water | Drilled Well |
Parking
| Parking Space(s) | |
| Paved Yard |
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Land Disposition | Cleared |
| Size Irregular | 550 +/- |
| Size Total Text | 550 +/-|100+ Acres |
| Zoning Description | Rural |
https://www.realtor.ca/real-estate/25371077/560-avondale-road-vernon-river-vernon-river
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March 28 2024 04:40:55
Prince Edward Island Real Estate Association
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