$ 899,900

288 Spruce Way, 282, 276, Fortune Cove

Discover the perfect getaway with this unique listing of three newly renovated waterfront cottages, nestled along the picturesque Mill river at 288, 282, and 276 Spruce Way in Cascumpec, PEI. These cottages boast modern farmhouse charm and stunning river views, making them an excellent opportunity for investment as an Airbnb or as an accommodating 2 bedrooms and 2 bathrooms, along with a cement RV pad that includes electrical, water, and sewer hookups for added convenience. The other two cottages each offer cozy layouts with 2 bedrooms and 1 bathroom, designed to ensure a warm and inviting atmosphere. This package includes all furniture, appliances, utensils, dinnerware, etc. and encompassing over and acre of land, the property provides ample space for outdoor activities and perfect for entertaining or enjoying the peaceful river views. With direct access to the Mill River, residents and guests can engage in various activities such as sailing, kayaking, or simply enjoying the tranquil waters while the proximity to the ocean offers even more adventures. Currently, there are bookings for 2025, making this an attractive investment opportunity for those looking to enter the vacation rental market. Whether you envision hosting guests or creating a private family retreat, these cottages cater to both desires - this is your chance to own your piece of paradise in beautiful Prince Edward Island! (id:1945)
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Property details for 288 Spruce Way, 282, 276, Fortune Cove

Type
Commercial
Style
Cottage, Camp
Bedrooms
6
Bathrooms
4
Lot Size
0.205
Basement
None
Parking
Concrete
Heating
Electric, Wall Mounted Heat Pump
Exterior
Steel, Vinyl
Ownership
Freehold
Annual Taxes
$5,925 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 288 Spruce Way, 282, 276

Active Listings
1
Min Price
$899,900
Max Price
$899,900
Avg Price
$899,900
Days on Market
121
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Lot 5, Prince Edward Island / Île-du-Prince-Édouard

Population
877
Median Age
46.4
Median Income
$37,248
Dwelling Value
$174,758

Housing Tenure

Owners 93%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 32.9/km²
Avg Shelter Cost: $783/mo
Owners with Mortgage: 55.1%
Owners Spending 30%+: 4.4%
Tenants Spending 30%+: 0%
English only: 88%
English and French: 12.6%
Median Household Income: $77,056
Median Employment Income: $31,616

Price History

Listed
May 19, 2026
by CENTURY 21 NORTHUMBERLAND REALTY
Current Price
$899,900
-3.2% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $899,900 $30,000 (-3.2%)
Jun 15, 2026 $929,900 Listed

Contact Agent Get in touch about 288 Spruce Way, 282, 276, Fortune Cove

Andrew Brown
Andrew Brown
CENTURY 21 NORTHUMBERLAND REALTY

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Comparison of 288 Spruce Way, 282, 276, Fortune Cove, PE with Nearby Commercial Listings