7390 Cougar Smith Rd, Fanny Bay

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 exterior photos show single-level modular-style homes with siding, multiple windows and sliding glass doors, plus an exterior staircase up to a raised entry/deck on one structure — giving you immediate outdoor access and the skeleton for functional outdoor living. 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. Interior images reveal an original, serviceable kitchen with wood cabinets, laminate countertops, white appliances (range and refrigerator), and vinyl/lino flooring — systems that are usable now but ready for cosmetic updating or reconfiguration. Separate garage for a car enthusiast, wood worker, or a studio work space. A detached garage and multiple gravel parking areas are visible, offering convenient hobby or storage space and easy access from the driveways. The property also features a covered deck area and an unfinished open deck with building materials on site, indicating work-in-progress and a head start for outdoor improvements; long-distance water views toward the nearby bay/sound are visible from the aerial photo, adding to the appeal and potential for scenic vantage points. 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. (id:1945)