House for sale
7390 Cougar Smith Rd, Fanny Bay
$995,000
Features
Style
Main Level Entry With Upper Level(s)
Year Built
1979
Floor Area
3,443 sqft
Lot Size
244,284 sqft
Gross Property Tax
$5,432 /year
Zoning
CR 1
Additional Features
Acreage
Description
Are you someone with vision, creativity, and the experience to take on a unique project? This extremely private 5.6-acre property is calling your name! Tucked away with plenty of trees, TWO road frontages and THREE driveways, this rare parcel offers TWO homes that have been moved onto the land. Both structures are unfinished, yet a lot of work has been completed, waiting for the right buyer to bring them to life. Whether you’re an investor, contractor, or a blended family looking for a dual-living setup, this could be your dream opportunity.
One of the homes is already equipped with a new septic system, 5 year old roof, setting the stage for further development. The land is mostly flat with a gentle slope, making it ideal for gardening, expansion, or creating the private retreat you’ve always envisioned. While the grounds do need cleanup and the landscaping is waiting to be brought to life, the potential here is massive. Separate garage for a car enthusiast, wood worker, or a studio work space.
Priced $200,000 under assessed value, this is your chance to build serious equity while designing a space that works for your needs. Multi-generational living? Rental income from a second home? Private estate? The possibilities are endless, but it will take someone with a special mind to bring the full vision to life.
If you’ve been looking for a unique investment opportunity in a peaceful setting with room to grow — this one’s worth a look. Bring your tools, your team, and your imagination. This isn’t just a property — it’s a project with powerful potential.
MLS® Number 1012003