42 & 44 Kearney Lake Road Halifax, Nova Scotia B3M 2S4

$4,300,000

Welcome to a rare and substantial land opportunity in the coveted Wedgewood community, offering an exceptional 5.18 acres with frontage on Kearney Lake Road. This unique parcel presents an unparalleled canvas for developers or those seeking ultimate tranquility and privacy mere minutes from the bustling city center of Halifax. The property boasts a variety of elevations and is adorned with an incredible Hemlock forestry. The strategic inclusion of a right of first refusal to an adjoining plot of 1.3 acres enhances the potential for expansion and customization. Opportunities abound for astute developers to capitalize on the diverse topography and modify boundaries to create additional building lots. Alternatively, for those envisioning ambitious plans, consider exercising the right of first refusal on the adjacent parcels, unlocking the potential for even more expansive projects. This comprehensive package comprises four PID's, currently featuring 245 feet of frontage on Kearney Lake Road. Civic #42 is home to a custom-built, multi-tiered residence, standing proudly for 39 years. This spacious 3,800 square feet home boasts 4 bedrooms, 2.5 baths, and includes an additional rental suite with 1 bed and 1 bath, adding flexibility and income potential. Not a developer; create an estate for generations by making your own mark on this existing home and divide off building lots to maximize your value. Civic #44 spans across three lots and currently hosts an older bungalow, offering a prime opportunity for demolition and optimal space utilization. The endless possibilities for redevelopment make this property an enticing prospect for those with a vision. The two PID's available for right of first refusal present an additional 185 feet of frontage on Kearney Lake Road, further expanding the potential for this already remarkable offering. Don't miss out on this once-in-a-lifetime opportunity to own a substantial and versatile piece of land in the heart of Wedgewood. (id:29604)

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https://www.realtor.ca/real-estate/26352865/42-44-kearney-lake-road-halifax-halifax