About this propertyMLS® 1298837
Wake up every morning to breathtaking panoramic views of Burin Bay from a home that perfectly blends timeless character with modern construction. Located on scenic Parsons Point, where water surrounds both sides of the peninsula, this extensively reconstructed property offers a lifestyle that is difficult to find! Although originally built in 1940, very little of the original home remains, with the foundation, insulation, plumbing, electrical wiring, and finishes all replaced. Only a handful of original features—including the hardwood floors, staircase, and brick chimney—were intentionally preserved to maintain the home’s charm and history. A spacious porch welcomes you into the open-concept kitchen, dining, and living area, where an oversized picture window frames stunning views of Burin Bay and fills the space with natural light. White wood ceilings, shiplap walls, exposed beams, original hardwood floors, a charming brick chimney preserved as a nod to the home’s history, and built-in shelving beneath the staircase create a warm coastal atmosphere full of character. Mini-splits on both levels provide efficient year-round comfort. Patio doors lead to the side deck where the views continue to impress. The main floor also features a convenient half bathroom with stackable laundry. Upstairs, you’ll find a cozy reading nook, two bedrooms, and a full bathroom with a tiled shower. Both bedrooms feature large windows positioned to capture beautiful views of the bay, allowing you to wake up each morning to the ever-changing coastal scenery. The views don’t stop at the home itself. Behind the property, an old concrete cellar sits at a higher elevation, offering an even more spectacular vantage point overlooking the bay, coastline, and surrounding water. With water visible on both sides of Parsons Point and breathtaking scenery at every turn, this property delivers a truly unique coastal living experience. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 8.3 x 8 11.3 x 10.4 13 x 12.4 |
| Main level | Living room Eat in kitchen Bath (# pieces 1-6) Foyer | 13.2 x 18.8 11.5 x 18.8 10.4 x 7 6.6 x 7.2 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 1.33 · Low risk
Burin station · updated 10:00 p.m.
Property tax
$167 / year
≈ $14 / month · assessment year 2026
Climate
Feb -1° · Aug 21°
normal daily high · WINTERLAND station · 1991–2020
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
$14/mo
Principal & interest $0 + property tax $14 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-356
NOI / month
$-356
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $14 | $167 |
| Expenses | $343 | $4,116 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-356 | $-4,272 |
| NOI | $-356 | $-4,272 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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