Imagine waking up to peaceful river views, stepping outside with your morning coffee, and spending your days enjoying the water from your own piece of PEI waterfront. Welcome to 98 Charlie's Lane?a turn-key riverside retreat offering 103 feet of private waterfront on the beautiful Pinette River, just 30 minutes from Charlottetown. Set on 0.4 acres, this charming, well-maintained 3-bedroom, 1-bath cottage offers so many possibilities. Make it your family's summer escape, continue its success as an income-producing vacation rental, or explore the potential for a year-round home. The wrap-around deck is made for Island summers?morning coffee overlooking the river, afternoons on the water, evening BBQs and quiet nights with family and friends. Inside, the open, inviting layout comes furnished and ready to enjoy, complete with fridge, stove, washer and dryer. More than a seasonal cottage, this property offers a solid foundation for the future. Built on a 5-foot concrete foundation, it is fully insulated with electric baseboard heat, making it comfortable throughout spring, summer and fall and adaptable for year-round living with minimal upgrades. Recent improvements include a durable steel roof, newer vinyl siding, and vinyl windows and doors, creating an attractive, low-maintenance exterior. A new water heater was installed in 2023, the property has a UV light, and a shed provides storage for tools, outdoor furniture and water toys. For those looking for an investment, this property has a successful Airbnb rental history earning $250/night, with annual property taxes of just $1,406. Peaceful and private yet convenient, you're only 20 minutes from Montague and 30 minutes from Charlottetown. Whether you envision family memories, a waterfront escape, rental income or a future year-round home, 98 Charlie's Lane is your opportunity to own a slice of the PEI waterfront lifestyle. (id:4069)
Address
98 Charlie's Lane
List Price
$247,500
Property Type
Single Family
Type of Dwelling
House
Style of Home
Character
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
South Pinette
Bedrooms
3
Bathrooms
1
Floor Area
600 Sq. Ft.
Lot Size
0.4 Sq. Ft.
Year Built
1994
MLS® Number
202618505
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Basement Area
Partial (Unfinished)
Postal Code
C1B0T3
Ownership
Freehold
Site Influences
Golf Course, Park, Playground, Waterfront, View
Features
Sloping
Community Features
Recreational Facilities
Appliances
Barbeque, Stove, Dryer, Washer, Refrigerator
Heat Source
Electric
Heat Type
Baseboard heaters
Other Structures
Shed
Water Source
Well
Sewer
Septic System
