201 8979 Highway 201 Highway, Nictaux, (MLS® 202601099) REMAX NOVA
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201 8979 Highway 201 Highway, Nictaux

$950,000 For Sale

Description

Welcome to the iconic property formerly known as the Falcourt Inn—a 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 1919–1920), this landmark estate offers a compelling foundation for multi-unit residential, mixed-use, or income-producing development. The site currently includes multiple existing structures—a 2–3 bedroom house, 3–4 bedroom mobile, 1-bedroom cabin, gym, and three additional outbuildings—providing 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 Valley’s growing employment base, wineries, trails, and coastal attractions, this property offers investors a rare combination of land, zoning flexibility, existing improvements, and redevelopment potential—a true value-add opportunity with multiple exit strategies.

Listing Details

Address
201 8979 Highway 201 Highway, Nictaux, B0S 1P0

Status
ACTIVE
Listing Price
$950,000
MLS®
202601099
Type
n/a
Style
---
Age
106
PID
05186515

Water
Dug
Sewer
Septic
Utilities
---

Building Specifications

Foundation Type
Block,Concrete,Wood,Other
Roof
Asphalt Shingle,Metal
Exterior Finish
Wood Shingles,Steel,Vinyl
Flooring
Hardwood,Laminate,Tile,Vinyl,Other

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Garage & Parking

Garage
Y
Details
Workshop with small garage door, Large barn

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

450

Median Age

55.5

Avg Household Size

2.2

Avg House Income

$73K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $706,500 ---
2023 $613,900 ---
2022 $502,000 ---
2021 $489,900 ---
2020 $506,900 ---
2019 $513,600 ---
2018 $530,100 ---
2017 $402,300 ---
2016 $373,200 ---
2015 $364,200 ---
2014 $719,400 ---
2013 $364,400 ---
2012 $363,200 ---

Maps

Mortgage Inquiries

Last Updated On: 1/19/2026 7:17:39 PM (UTC)