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TelephoneEmail51 Windy Cove Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3G6

51 Windy Cove Lane

Conception Bay South, NL, A1W3G6

location

5 Beds | 9 Baths

$5,450,000

51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
51 Windy Cove Lane Conception Bay South Newfoundland & Labrador Canada A1W3G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1274581):

THE VENDOR HAS REDUCED THE ASKING PRICE AND IS INTERESTED IN RECEIVING OFFERS. This oceanfront estate of exclusive distinction is situated on 13 acres of private wooded grounds on a peninsula in the prestigious Manuels, Long Pond yacht basin. An electronic gate at the entrance ensures your privacy as you enter a beautiful park-like oasis, full of ornamental and native trees, shrubs and flowers, recently upgraded walking trails, two freshwater ponds with bridges and a soothing waterfall. This unique property is bounded by 2000 feet of shoreline adjacent to the Royal Newfoundland Yacht Club, offering west-facing views of spectacular ocean sunsets over Conception Bay and providing the opportunity for premier access to these desirable boating waters. The 13,000 square foot luxurious family residence is built to premium construction standards with brick, cedar shakes and Bell Island stone. The custom-designed home features 5 bedrooms, 9 baths, 6 fireplaces, and a 3-car garage. The home’s foyer, living room and dining room inspire a feeling of warmth and grandeur with superb custom woodwork, 10-foot ceilings and in-floor heating - perfect for entertaining. The principal suite offers a stunning ocean view of Conception Bay and includes an ensuite area with custom tubs, two fireplaces, a walk-in closet and a private balcony overlooking the gardens. Two other bedrooms also have private ensuites. Other amenities include a butler’s pantry, a gym and sauna, a movie theatre, a refrigerated root cellar and an in-ground irrigation system. The property is powered by 800 amp service and has two geothermal heat pump systems, six mini-splits and a generator for power backup. 51 Windy Cove Lane is conveniently located five minutes from the Manuels River Interpretation Centre and scenic walking/biking trails, a quick 25 minute drive from downtown St. John’s and St. John’s International Airport. Your life of tranquil luxury awaits. (id:56688)

Property Details
MLS: 1274581
Listing ID: 27156447
Address: 51 Windy Cove Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3G6
Status: Active
Last updated: 3 months ago ( Aug 28, 2024 )
Year Built: 2002
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 9
1/2 Baths: 0
Heating: Heat Pump, Radiant heat
Sewer: Septic tank
Flooring: Hardwood, Ceramic Tile
Living Area Total: 17,234 square feet
Price per sq ft: $317
Tax Annual Amount: $25,921
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Whirlpool, Dishwasher, Dryer, Wet Bar
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Heat Pump, Radiant heat
Flooring: Hardwood, Ceramic Tile
Exterior Features: Cedar shingles, Wood, Brick, Stone, Cedar Siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.524193, -52.961194]

Rooms

Second level
Laundry room
Ensuite
Bedroom
Bedroom
Bedroom
45x 19 null
45 x 45 null
52 x 39 null
49 x 45 null
63x 52 null
Main level
Den
Bath (# pieces 1-6)
Other
Living room
Dining room
Kitchen
Family room
Foyer
52 x 26 null
30x 16 null
52m x 41 null
58 x 52 null
52 x 42 null
57x 52 null
52.5 x 39 null
45.9 x 22 null

Basic Calculator



First Mortgage: $4,360,000

Mortgage insurance premium: $0

Total Financing: $4,360,000

Rough closing fee (1.5%): ~ $81,750

Total downpayment with estimated closing fee: $1,171,750

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$18,958$227,496
Gross rental income (income/principal ratio)0.348%4.174%
Mortgage$0$0
Monthly Expenses$6,813$81,756
Vacancy$948$11,375
Management Fee$1,517$18,200
Expense / Income Ratio35.94%35.94%
Cash Flow$9,681$116,172
Net Operating Income (NOI)$9,681$116,172
Capitalization Rate0.18%2.13%
Capitalization Rate: 2.13%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $7,785,715