For sale · MLS® 1296818
1 Gallows Cove
Twillingate, NL, A0G4M0
List price
$599,999
About this propertyMLS® 1296818
Welcome to 1 Gallows Cove, a beautifully positioned coastal property set privately in the hills, offering stunning ocean views and a peaceful, secluded setting. This custom-built home blends comfort and character, making it ideal as a year-round residence, vacation getaway, or investment opportunity. Situated on 1.6 acres of oceanfront land, the property features a wraparound deck—perfect for taking in the fresh salt air and ever-changing coastal scenery. Throughout the seasons, enjoy world-class sunsets, passing icebergs, whales, tuna, and an abundance of seabirds right from your doorstep. Inside, you’ll find quality finishes throughout, including ¾"" solid hand-scraped oak flooring that adds warmth and timeless appeal. The home is equipped with a propane fireplace and stove for efficient, cozy living, along with hot water on demand for modern convenience. The bathroom features a custom glass shower with balcony pane glass, adding a unique and stylish touch. From the exposed beams to the custom metalwork, attention to detail is evident throughout. Located just steps from Twillingate’s renowned hiking trails on one side, and a private beach on the other, this property truly offers the best of both worlds. Whether you’re looking to relax by the ocean or explore all that Twillingate has to offer, this piece of coastal paradise could be yours! The home is being sold with all contents minus a few personal items along with a Kubota tractor and a flat bed trailer. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bath (# pieces 1-6) Not known | 11.5x10.5 17x11 |
| Main level | Bath (# pieces 1-6) Bedroom Foyer Kitchen Living room/Fireplace | 8x5.5 11x9 11x9 11x11 17x11.5 |
The essentials
Location, air, flood & taxes
Elevation
21 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$500 / year
≈ $42 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Cafés 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$42/mo
Principal & interest $0 + property tax $42 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-749
NOI / month
$-749
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $42 | $500 |
| Expenses | $708 | $8,496 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-749 | $-8,988 |
| NOI | $-749 | $-8,988 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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