For sale · MLS® 1289763
389 Main Road
Sheaves Cove, NL, A0N1T0
List price
$349,000
About this propertyMLS® 1289763
This very well maintained and welcoming bungalow with 2 bedrooms (potential for 3rd or even 4th), 1.5 bath sits on a large lot overlooking Bay St George and offers spectacular OCEANVIEWS! The main level features an open layout with living room, dining room and kitchen that are bathed in natural light. The primary bedroom with walk in closet and main bath with custom shower complete this level. The basement is fully finished with a mud room with built in shelving, large rec room with woodstove, bedroom, half bath and large laundry room with lots of storage. This home has so much to offer! A 15 x 30 solar green house with ICF foundation enables you to grow your own veggies. Or if gardening isn't for you then you could convert to a bunkie, artist space or even a garage! Raised beds with mature plants. On those hot summer days you can take the trail leading down to the ocean for a swim or sit in comfort with the air conditioning from the 3 heat pumps installed in 2024. The WETT certified wood stove (2025) in the rec room can make any winter night cozy and the 14 x 16 wood shed built in 2018 is conveniently located just outside the walk out basement entrance. 30 Year shingles in 2012, siding plus 1"" styrofoam 2015, doors 2015, new basement door 2024, kitchen reno 2024, full main bath reno in 2020, half bath 2021, 8 x 8 wired chicken coop built in 2021, new light fixtures in main living area and crown molding 2023, new septic tank and lines in 2009, new front deck 2025 and more! This home has been very well cared for and continuously updated. You need to see this one to appreciate it! Call an Agent today for more information or to set up an appointment to view! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Bedroom Recreation room Mud room | 17 x 12 2 pc 12 x 8 24 x 17.6 8 x 7.5 |
| Main level | Bath (# pieces 1-6) Primary Bedroom Dining room Kitchen Living room Foyer | 12.1 x 6.9 15.5 x 10.9 12.6 x 9.7 14.9 x 13.6 14.1 x 11.6 7.9 x 3.9 |
The neighbourhood
Sheaves Cove at a glance
Live market stats for Sheaves Cove — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
2
Median list price
$259k
Price range
$169k – $349k
Typical build
1997
Average size
1,389 sqft
Where Sheaves Cove listings are priced
Every active list price in Sheaves Cove, grouped into bands.
List price, thousands of $ · 2 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
| 300–400 | 1 |
How Sheaves Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Sheaves Covenearby markets
The essentials
Location, air, flood & taxes
Elevation
17 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 1:00 a.m.
Property tax
$253 / year
≈ $21 / month
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$22/mo
Principal & interest $0 + property tax $22 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-436
NOI / month
$-436
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $22 | $253 |
| Expenses | $415 | $4,980 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-436 | $-5,232 |
| NOI | $-436 | $-5,232 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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