Lot 1 Highway 3, Mahone Bay, (MLS® 202614736) REMAX NOVA
Google Play iOS Google Play iOS

Lot 1 Highway 3, Mahone Bay

$489,000 For Sale

Description

The Pinnacle of Mahone Bay! Command the highest vantage point on the South Shore with distinct financial, viticulture, & development advantages! Rarely does a property of this magnitude, elevation, and readiness hit the market. Perched atop the highest drumlin overlooking Nova Scotia’s most iconic seaside town, this extraordinary 8-acre parcel represents the absolute crown jewel of local real estate. Offering an unprecedented, panoramic birds-eye view that directly frames the town's famous three churches and the sparkling waters beyond, this property serves as the ultimate blank canvas for a visionary buyer, developer, or investor. The heavy lifting has already been completed to ensure immediate potential. Save months of red tape, engineering costs, and administrative delays with an already engineered, premium approved driveway plan and full environmental approvals in place. The unique, gently rolling topography of the drumlin provides a natural, tiered grandstand, opening the door to multiple high-yield avenues. Whether you envision an exclusive enclave of high-end homes, a commercial vineyard destination, or a magnificent private estate, this is a generational opportunity, just a short stroll from the vibrant waterfront, artisan shops, and local dining of Mahone Bay. Bring your grandest vision to life on the South Shore’s finest, most financially smart vantage point. Important to note that while this property overlooks the heart of the town, it is uniquely positioned within the boundaries of the Municipality of the District of Lunenburg. This strategic location offers exceptional, long-term financial advantages, including significantly lower municipal property tax rates compared to urban town centres and a reduced Municipal Deed Transfer Tax of just 1.25%. Whether you are managing holding costs for a future subdivision or building a sprawling legacy estate, the fiscal benefits of this district provide a massive competitive edge.

Listing Details

Address
Lot 1 Highway 3, Mahone Bay, B0J 2E0

Status
ACTIVE
Listing Price
$489,000
MLS®
202614736
Type
n/a
Style
---
PID
60419926

Water
None
Sewer
None
Utilities
None

Building Specifications

Foundation Type
---
Roof
---
Exterior Finish
---
Flooring
---

Looking for a Mortgage? Get Your Free Quote Started Today!

Garage & Parking

Garage
---
Details
---

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

362

Median Age

57.4

Avg Household Size

2.2

Avg House Income

$114K

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 $317,300 ---
2023 $309,000 ---
2022 $279,400 ---
2021 $247,200 ---
2020 $246,800 ---
2019 $230,300 ---
2018 $230,300 ---
2017 $230,300 ---
2016 $230,300 ---
2015 $230,600 ---
2014 $237,600 ---
2013 $237,600 ---
2012 $232,600 ---

Maps

Mortgage Inquiries

Last Updated On: 7/14/2026 1:36:34 PM (UTC)