560 Avondale Road, Vernon River, Prince Edward Island C0A 2E0

Listed for:
$4,900,000
0 beds
0 baths
Listed 417 days ago
560 Avondale Road, Vernon River, Prince Edward Island C0A 2E0

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Listing provided by:
EXIT REALTY PEI
MLS® number:
202304139
Agent:
James Beaton
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About

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:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Highway, Public Transit

Location

Summary

Conveniently situated near the highway and public transit, this property boasts an ownership type of Freehold, making it an attractive investment opportunity. Avondale Golf Course, located just 15 minutes from Stratford, offers a unique chance for investors to develop mixed residential communities within the 380 acres surrounding the 170-acre golf course.

With its picturesque setting and established reputation, the golf course presents an ideal location for high-end residential communities catering to golf enthusiasts and those seeking a luxurious lifestyle. One potential development opportunity involves constructing luxury condominiums throughout the property, providing stunning views of the golf course and surrounding countryside.

Alternatively, investors could consider developing mixed residential communities, including single-family homes, townhouses, and condos, designed to seamlessly integrate with the natural landscape, offering residents a peaceful and serene living experience. These communities could also feature amenities such as community centers, parks, and walking trails, as well as commercial businesses along the 500 meters of frontage on Highway 3.

The entire golf course business, which currently generates over $1 million in revenue annually, is included in this rare offering, along with $1.4 million in equipment, a 3000sqft pro shop, and a 5000sqft garage. This presents a unique opportunity for investors to capitalize on the growing demand for high-end residential properties in a stunning location with an established reputation.

Located on 560 AVONDALE Road in the city of Vernon River, Prince Edward Island, this property is for sale and offers a land size of 550+/-|100+ acres. With 3.00 stories, this property is situated in the community of Vernon River and has a postal code of C0A2E0.