About this propertyMLS® 1293605
Perched high above the Town of Kings Point, this extraordinary executive home offers breathtaking panoramic views of the Atlantic Ocean and the town below—views that are truly second to none. Sitting proudly on nearly one acre, this landmark property is arguably the largest and most impressive home in Kings Point, presenting a rare opportunity to own a residence that stands apart. This expansive home features five generously sized bedrooms, two full bathrooms, and an additional 2-piece bath, along with a fully equipped in-law suite, ideal for extended family or guests. Soaring 13-foot cathedral ceilings and expansive windows flood the home with natural light while perfectly framing the stunning bay and town views. The main living areas include a formal dining room and a spacious full kitchen with all appliances included. Durable laminate and cushion flooring run throughout the home. Electrical capacity is more than sufficient, with a 200-amp main panel plus an additional 100-amp panel, offering excellent flexibility for future expansion. The concrete basement provides abundant storage and outstanding potential for further development, such as a family rec room, home theatre, or additional living space. Adding even more opportunity, the 586 sq. ft. open attic space remains undeveloped and ready for your vision—perfect for additional bedrooms, a home office, studio, or flex space tailored to your lifestyle. Completing the property is an impressive 24' x 20' garage, fully 200-amp wired, ideal for vehicles, storage, or workshop use. Outside, the expansive lot offers privacy, space, and unobstructed views overlooking scenic Kings Point and the Atlantic Ocean. This is a truly one-of-a-kind property offering luxury, space, and an unbeatable location—an exceptional place to call home. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Not known | 22x24 |
| Main level | Laundry room Foyer Bath (# pieces 1-6) Bath (# pieces 1-6) Storage Not known Other Bedroom Primary Bedroom Bath (# pieces 1-6) Bath (# pieces 1-6) Storage Bedroom Bedroom Dining room Family room Foyer Living room Kitchen | 11X6 6X8 4X6 8X4 7X8 18X115 13X25 11X15 24X14 10X4 15X7 4X6 10X153 10X9 18X18 18X18 18X18 26X17 26X15 |
The essentials
Location, air, flood & taxes
Elevation
47 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$2,883 / year
≈ $240 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$241/mo
Principal & interest $0 + property tax $241 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-411
NOI / month
$-411
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $241 | $2,883 |
| Expenses | $171 | $2,052 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-411 | $-4,932 |
| NOI | $-411 | $-4,932 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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