For sale · MLS® 1291672
555-559 Marine Drive
Logy Bay Middle Cove Outer Cove, NL, A1K4C1
List price
$150,000
About this propertyMLS® 1291672
Secure your piece of paradise in the highly sought-after Logy Bay/Outer Cove/Middle Cove area. This rare offering features nearly 5 acres of unspoiled land zoned residential, providing the perfect balance of rural tranquility and urban convenience. Imagine building your custom dream estate just minutes from all City of St. John's amenities, yet waking up surrounded by nature. Enjoy the Atlantic breeze with the ocean just a walk away. The property boasts a tranquil small stream toward the rear boundary, adding to the serene, natural setting. This isn't just land; it's the foundation for the luxury, privacy, and peaceful lifestyle you've always desired. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Logy Bay Middle Cove Outer Cove at a glance
Live market stats for Logy Bay Middle Cove Outer Cove — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
20
Median list price
$197k
Price range
$150k – $1.7M
Typical build
2026
Average size
2,823 sqft
Where Logy Bay Middle Cove Outer Cove listings are priced
Every active list price in Logy Bay Middle Cove Outer Cove, grouped into bands.
List price, thousands of $ · 20 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 12 |
| 200–300 | 5 |
| 400–500 | 1 |
| 1M+ | 2 |
How Logy Bay Middle Cove Outer Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Logy Bay Middle Cove Outer Covenearby markets
The essentials
Location, air, flood & taxes
Elevation
90 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$876 / year
≈ $73 / month · assessment year 2025
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
2 places shown · 3 routes · OpenStreetMap · OSRM
- 17 min to downtown St. John's10.2 km
- 14 min to Memorial University11.1 km
- 15 min to Avalon Mall12.6 km
Schools 2
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
$73/mo
Principal & interest $0 + property tax $73 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-73
NOI / month
$-73
Cap rate
-0.58%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $73 | $876 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-73 | $-876 |
| NOI | $-73 | $-876 |
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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