8979 Highway 201

Description

Welcome to the iconic property formerly known as the Falcourt Inna 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 19191920), this landmark estate offers a compelling foundation for multi-unit residential, mixed-use, or income-producing development. The site currently includes multiple existing structuresa 23 bedroom house, 34 bedroom mobile, 1-bedroom cabin, gym, and three additional outbuildingsproviding 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 Valleys growing employment base, wineries, trails, and coastal attractions, this property offers investors a rare combination of land, zoning flexibility, existing improvements, and redevelopment potentiala true value-add opportunity with multiple exit strategies. (id:56844)

Listing

MLS® number

202618082

Status

Active

Days On Market

103

Building

Type

Other

Year built

1920

Foundation

Wood, Block, Concrete Perimeter, Unknown

Basement

Unknown

Features

Fireplace(s)

Interior

Flooring

Tile, Hardwood, Laminate, Other, Vinyl

Heating

Heat Pump, Baseboard heaters, Forced air, Electric, Propane, Ductless, Furnace

Cooling

Air Conditioned

Land

Lot size

9.87 acres

Lot features

Gazebo

View

River view

Waterfront

Waterfront on river

Exterior features

Steel, Wood shingles, Vinyl

Parking

Type

Gravel

Utilities

Water

Dug Well

Sewer

Septic System

Fees and taxes

Common interest

Freehold

Parcel number

05186515

Directions

Harvest Highway, take exit 18a, Left of victoria, left on hwy 1, right on bayard road, right onto hwy 201