For sale · MLS® 1303971
38 Beach Road
Eastport, NL, A0G1Z0
List price
$769,000
About this propertyMLS® 1303971
Attention entrepreneurs, investors, and ANYONE dreaming of living on the doorstep of a white sandy beach! This is the exceptional hospitality business you have been waiting for! Situated just steps away from Eastport Beach, is White Sails Inn and Cabins. This captivating property must be viewed in person to appreciate it, and boasts a charming historic Inn (5 bedrooms), seven cozy cabins, and a spacious split-level 1450 sq ft home, all on 2.5 acres of well maintained land. With three bedrooms and 1.5 bathrooms, the home offers ample space for comfortable living. There is an office space on the back of the home, and its perfectly situation for the next owner to live the dream! Guests will delight in the abundant relaxation areas and ample room for children to play. This business can stay busy outside of the typical tourist season, and demand for accommodations has remained steady over decades. The peninsula hosts many wonderful events such as The Damnable Trails Festival! You will notice the buildings and grounds have been meticulously cared for. Situated on a huge grassy lot, there is plenty of space to expand this business - maybe a pool, a hot tub, paddleboard rentals, a canteen, RV parking, or a tennis court - the sky is the limit! To make this an even sweeter deal, the business is being sold FULLY FURNISHED. Everything down to the linens and spatulas are included - all you have to do is step in and run the business! Only 3 hours to St. John's and surrounded by other active tourist attractions a day trip away, this successful business is ready to choose its next owner! Any applicable HST to be the responsibility of the purchaser (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Eastport at a glance
Live market stats for Eastport — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
8
Median list price
$289k
Price range
$25k – $769k
Typical build
1976
Average size
1,822 sqft
Where Eastport listings are priced
Every active list price in Eastport, grouped into bands.
List price, thousands of $ · 8 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 4 |
| 300–400 | 1 |
| 400–500 | 2 |
| 750–1M | 1 |
How Eastport compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
2 m above sea level
Property tax
$2,870 / year
≈ $239 / month
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Schools 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
$240/mo
Principal & interest $0 + property tax $240 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-961
NOI / month
$-961
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $240 | $2,870 |
| Expenses | $722 | $8,664 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-961 | $-11,532 |
| NOI | $-961 | $-11,532 |
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.