For sale · MLS® 1300295
688 Oceanview Drive
Cape St George, NL, A0N1T1
List price
$139,000
About this propertyMLS® 1300295
Nestled on a 1.24-acre hillside lot in the scenic municipality of Cape St. George, this split-level home offers peaceful living with unbeatable ocean views. Featuring 2+2 bedrooms and 1 full bath. The upper level includes an eat-in kitchen with included fridge and stove, a cozy living room with stunning ocean vistas, 2 bedrooms, a full bathroom, and rear entrance to the backyard. The partially developed basement features 2 additional bedrooms, a laundry/utility room, and a landing area with direct access to a crawl space for extra storage. A 32' x 24' detached garage with a built-in vehicle service pit makes this an ideal spot for car enthusiasts or hobby mechanics. Additional outdoor storage is provided by a 12' x 8' shed, perfect for tools, gardening equipment, or seasonal gear. The 147' wide and 366' deep lot extends well beyond the rear of the home, offers a combination of privacy and development potential. Take the private trail at the rear left of the property to discover breathtaking panoramic views of Cape St. George and the Atlantic Ocean. With some tree clearing, the rear lot offers endless possibilities — build a cozy cabin, set up a fire pit, create a viewpoint deck, or start a vegetable or flower garden with the ocean as your backdrop. A few finishing touches will make this home truly yours. Whether you're looking for a serene year-round residence, a seasonal escape, or an investment with potential, this property is ready for your vision. Don’t miss this unique opportunity to live surrounded by nature and stunning coastal views in Cape St. George! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Other Foyer Eat in kitchen Bedroom Bath (# pieces 1-6) Bedroom Living room | 7.2 x 3.7 7 x 6.7 12 x 11 10.5 x 8 7.9 x 5.6 9.1 x 8 11.8 x 11.2 |
| Basement | Bedroom Laundry room Bedroom Other | 11.5 x 6.7 7 x 5.5 13 x 10.8 9.5 x 8 |
The essentials
Location, air, flood & taxes
Elevation
24 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$600 / year
≈ $50 / month
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Groceries 1
Parks 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
$50/mo
Principal & interest $0 + property tax $50 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-174
NOI / month
$-174
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $50 | $600 |
| Expenses | $124 | $1,488 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-174 | $-2,088 |
| NOI | $-174 | $-2,088 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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