$ 475,000

4-20 Hancock Place, Paradise

Attention builders and developers — prime development opportunity in one of Paradise’s most desirable and rapidly growing areas. Ideally located just off Kenmount Road, this parcel offers exceptional potential for residential development in a high-demand location surrounded by newer homes, expanding neighborhoods, and ongoing growth throughout the Paradise and St. John’s region. Conveniently situated near schools, shopping centers, restaurants, recreation facilities, walking trails, and major highway access, this property combines strong investment value with an unbeatable location. The area continues to experience significant residential expansion, making this an ideal opportunity for developers looking to secure land in one of the Northeast Avalon’s most active markets. The parcel offers the potential for a minimum of five building lots (subject to municipal approvals), providing excellent flexibility for future subdivision and development plans. An additional parcel located on the next street over, Kenora Place, is also available for purchase, presenting further opportunities for builders and investors seeking multiple development sites within the same rapidly growing area. Rare opportunities like this are becoming increasingly limited in Paradise. Please note : Any permits required, service hookups, or any applicable HST will be the responsibility of the buyer. (id:1945)
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Property details for 4-20 Hancock Place, Paradise

Type
Lots and Land
Lot Size
482.8x136.4x489.3
Ownership
Freehold
Annual Taxes
$3,594

Nearby Listings Stat

Estimated price and comparable properties near 4-20 Hancock Place

Active Listings
25
Min Price
$194,900
Max Price
$1,850,000
Avg Price
$521,660
Days on Market
76
days
Sold Listings
25
Min Sold Price
$219,900
Max Sold Price
$825,000
Avg Sold Price
$426,452
Days until Sold
19
days

Neighbourhood Census Data

Paradise, Newfoundland and Labrador / Terre-Neuve-et-Labrador

Population
2,810
Median Age
35.9
Median Income
$48,299
Dwelling Value
$349,024

Housing Tenure

Owners 76%
Renters 24%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.6
Pop. Density: 2,966.6/km²
Avg Shelter Cost: $1,683/mo
Owners with Mortgage: 85.7%
Owners Spending 30%+: 6.5%
Tenants Spending 30%+: 31.2%
English only: 92.9%
English and French: 7.1%
Neither: 0.2%
Median Household Income: $101,589
Median Employment Income: $50,283

Price History

Listed
June 15, 2026
by Century 21 Seller's Choice Inc.
Current Price
$475,000
Type
Lots and Land
For Sale
4-20 Hancock Place

Contact Agent Get in touch about 4-20 Hancock Place, Paradise

Balamurali Balasubramani
Balamurali Balasubramani
Century 21 Seller's Choice Inc.