A rare Draft Plan Approved development opportunity, Nappan Island offers 311 acres of prime waterfront land with 3,800 feet of shoreline on Seymour Lake. Positioned for future residential development with 69 Lots, this property presents a unique chance for investors and developers to create an exclusive waterfront community in one of Ontario's most sought-after regions. Located just 25 minutes from Peterborough and under 2 hours from Toronto, Nappan Island is fully accessible year-round via a newly constructed municipal bridge. The site features level topography, expansive water frontage, and scenic lake views, making it an ideal setting for a high-end lakeside development. Subdivision applications and preliminary studies, including environmental assessments, stormwater management, and servicing plans, have been completed, allowing for a strong foundation for future approvals. Adding to its appeal, the property includes a 4-bedroom waterfront cottage, offering immediate usability as a sales hub, rental property, or model home during the planning and development process. With its exceptional scale, waterfront exposure, and strategic location, Nappan Island represents a rare and exciting investment opportunity for those looking to develop a premier waterfront community. (id:41440)
MLS®:
X11972352
Type
Land
County
Northumberland County
Listed By
David Bemmann, Sotheby's International Realty Canada
Source CREA Last checked Feb 21 2025 at 9:17 PM EST
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 2/21/25 13:17
Description