Description:

St. Margaret's Bay has not seen a development opportunity of this calibre in well over a decade. Recently granted preliminary subdivision approval for nine oceanfront lots, this 15.97 acre estate on Whynacht Point has it all. Facing both south and west, it sits just minutes from the growing amenities of Tantallon, directly across from Allen Heights. Most (if not all) of the proposed lots enjoy the best protected and deep water anchorage that money can buy; from the existing wharf, a boat of almost any size can be anchored. Back on land, walking trails wind their way through forest and meadow, above which three existing homes are perched, all in need of TLC. To sum it up, the property truly is an empty canvas. Whether you're looking for a private oceanfront estate large enough for horses, or a rare opportunity for a high-end residential development in one of the most sought after locations on St. Margaret's Bay, the moral of the story is that it simply doesn't get any better than this.

Ref: 36099-9585