About this propertyMLS® 1302050
Welcome to an extraordinary coastal retreat in the coveted Otterbury Rd in Clarkes Beach- where luxury living meets a turnkey investment opportunity. Nestled on a private 2.6-acre, treed lot with an impressive 200' of ocean frontage along Bay de Grave in scenic Conception Bay, this chalet-style executive two-storey is truly one of a kind. The grounds are nothing short of breathtaking, featuring a 20x28 charming guest suite with loft. Now operating as a successful Airbnb, this retreat offers a stylish kitchen, dining nook, two beds, full bath, and laundry, making it a sought-after destination for guests year-round. An additional 16x24 heated detached garage, a charming sitting area with brick fireplace, interlocking brick retaining walls, gazebo, extended deck, and a stunning stone patio with fire pit all add to the home's exceptional outdoor appeal. A custom boardwalk leads you directly to the waterfront, completing this coastal experience. Inside the main home, the open-concept is flooded with natural light and showcases ocean views from nearly every room. The vaulted living and dining area is anchored by a top-of-the-line enamel cast iron, heat-efficient wood-burning fireplace. The beautifully renovated kitchen boasts new quartz countertops, heated floors, and a cozy dining nook overlooking the water. The main floor also includes a stylish office, a two pc bath with laundry, and a side porch with heated flooring. Upstairs, the entire level is dedicated to a luxurious primary suite featuring a walk-in closet, a newly renovated spa-inspired ensuite, and a deep soaking Jacuzzi tub wrapped in ceramic tile. The fully developed basement offers in-floor heating, a spacious rec room with a cozy wood stove now operating as a salon, an above-ground bedroom, full bath, wine cellar, and utility space. There is also a potential for 2 extra beds. A rare blend of elegance, privacy, and income potential! This spectacular property is the ultimate coastal dream. (id:56688)
Specifications
Property details
Room by room
Rooms
| Other | Bedroom Bedroom | 12.00X16.00 12.00X16.00 |
| Basement | Utility room Bedroom Bath (# pieces 1-6) Recreation room | 10.01X21.03 8.02X13.07 3PC 13.06X16.08 |
| Second level | Ensuite Primary Bedroom | 3 PC 14.06X24.01 |
| Main level | Porch Bath (# pieces 1-6) Dining nook Office Living room/Dining room Kitchen | 5.09X9.09 2 PC -LAUNDRY 9.04X9.10 10.00X10.09 13.08X28.00 11.01X12.07 |
The neighbourhood
Clarkes Beach at a glance
Live market stats for Clarkes Beach — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
20
Median list price
$187k
Price range
$50k – $1.2M
Typical build
1978
Average size
2,541 sqft
Where Clarkes Beach listings are priced
Every active list price in Clarkes Beach, grouped into bands.
List price, thousands of $ · 20 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 10 |
| 200–300 | 4 |
| 300–400 | 1 |
| 400–500 | 1 |
| 500–750 | 2 |
| 750–1M | 1 |
| 1M+ | 1 |
How Clarkes Beach compares
Median list price against the next biggest markets — click a row for that area guide.
Clarkes Beachnearby markets
The essentials
Location, air, flood & taxes
Elevation
33 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,875 / year
≈ $156 / month
Nearby & drive routes
1 place shown · 3 routes · OpenStreetMap · OSRM
- 71 min to downtown St. John's88.1 km
- 70 min to Memorial University86.9 km
- 75 min to Avalon Mall93.6 km
Parks 1
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
$157/mo
Principal & interest $0 + property tax $157 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-1,493
NOI / month
$-1,493
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $157 | $1,875 |
| Expenses | $1,337 | $16,044 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-1,493 | $-17,916 |
| NOI | $-1,493 | $-17,916 |
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
Your details go straight to Haris — never shared, never spammed.




















































