2 days on Market

65 Jessicas Way, Greenwich, Nova Scotia B4P 0B2

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$1,499,900
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Days on market2 days

Estimated valueNot available

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Description

Exceptional 13-acre residential development site plus 2 Homes WITH POTENTIAL TO BUILD 1 MORE HOME ON THE PROPERTY WITHOUT THE NEED TO SUB - DIVIDE PLUS DEVELOPMENT POTENTIAL FOR 25 TO 30 LOTS IF YOU WISH TO SUB-DIVIDE., located in Greenwich, Nova Scotia, extending from Jessica’s Way. This prime property offers municipal water and sewer connections, making it an ideal opportunity for subdivision and residential development. The gently sloping topography allows for elevated building sites with potential panoramic views of the Annapolis Valley and Cape Blomidon. Preliminary assessments suggest the potential to develop 25–35 residential lots, subject to municipal approval. The property also includes two modern, income-producing homes: A 1,400 sq. ft. bungalow with high-end finishes, currently rented. A 1,300 sq. ft. bungalow with high-end finishes, configured as a two-unit apartment rental with an attached garage. The homes can be assigned a PID # and sold to provide investment dollars to develop the remaining 25 - 35 lots. These homes collectively generate $6,800 per month ($81,600 annually) in rental income, offering substantial cash flow to support ongoing development. Apt 1 $1750 per month, Apt 2 $1750 per month. Main home $3300 per month. This is a rare investment opportunity in a desirable area of the Annapolis Valley, combining strong existing revenue with significant development potential in one of Nova Scotia’s most sought-after communities.


Property Details

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ViewOther
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202606183
Community NameKings
Data SourceNSAR
Listing byHomelife City & Valley

Property listed by Homelife City & Valley, Brokerage
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Market Data - Kings

Geo Zone Map ThumbnailKings

Strong Buyer's Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

63 days

Compared to

2025

70 days

2024

40 days

2023

32 days

New Listings

Past 30 days

82 listings

Compared to

2025

87 listings

2024

81 listings

2023

76 listings

Units sold

Past 30 days

28 units

Compared to

2025

55 units

2024

52 units

2023

54 units

Median Sold Price

Past 30 days

$407,500

Compared to

2025

$380,000

2024

$373,500

2023

$337,500


What’s nearby?Essentials within 5 km

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