Real Estate Marketplace - Waterfront
This is an opportunity for one to acquire an oceanfront property in a beautifully protected location at a very reasonable price. The price reflects the fact that the improvements on the property are in need of some significant clean up, remediation and/or repair.
This protected 17 acre oceanfront property has approx. 835ft of oceanfront situated along the southeast shoreline of Gorge Harbour, which is on the west side of Cortes Island. It is a water access only property and the frontage would allow for well protected deep water moorage.
The land is fully and beautifully forested, with a large complement of cedar, some of which could be utilized for construction projects. The topography is modestly sloped up away from the water and is naturally terraced with a few plateaus. Towards the back of the acreage there are some steeper grades and elevations.
Only steps from the oceanside, and an ideal location for deep water moorage, is a 3 bedroom home which was constructed approx. 30 years ago. Unfortunately the home has been left unattended for at least 3-5 years. As a result, the work noted above is required.
The structure itself is on a half perimeter foundation in addition to concrete pads on cedar posts and appears to be very solid. A clean up inside and out of debris and non-functional equipment needs to be done. The deck structure seems relatively sound however decking is required. The roof needs to be replaced. The interior effectively needs to be stripped possibly down to studs.
There are some systems in place that could be reutilized, for example a large wood boiler which is used for generating radiant hot water heat throughout the home. There is also a trace inverter and batteries. These systems are located in an outbuilding directly adjacent to the home and connected to decks and walkways.
This is an estate sale and those in charge of managing the estate are in the initial stages of cleanup and remediation of the improvements. As this proceeds, the work done will be reflected in increases to the listing price. For those interested, with the desire and ability to take on this project, the best opportunity is sooner than later.
The zoning permits the construction of a primary dwelling with or without one secondary suite or single family dwelling plus one cottage, limited in size to 645sqft.
This property is not serviced.
There is access to roads on Cortes Island from the government dock located minutes away from the property. In addition the services and amenities provided by Gorge Harbour Marina are readily available. The Marina provides fuel sales, a general store and restaurant facilities.