8979 Highway 201

Description

Welcome to the iconic property formerly known as the Falcourt Inn—a rare large-scale redevelopment opportunity set on nearly 10 acres of riverfront land along the Nictaux River. Anchored by a 6,700+ sq. ft. 9 bed 9 bath Craftsman-style main lodge (circa 1919–1920), this landmark estate offers a compelling foundation for multi-unit residential, mixed-use, or income-producing development. The site currently includes multiple existing structures—a 2–3 bedroom house, 3–4 bedroom mobile, 1-bedroom cabin, gym, and three additional outbuildings—providing immediate rental potential while offering flexibility for reconfiguration, expansion, or phased redevelopment. With R3 zoning, the property supports a broad range of permitted uses, including multi-unit residential, BnB, or mixed-use projects, making it well-suited for investors seeking scale, density, and long-term upside. Featuring approximately 1,000 feet of river frontage, the property presents a unique opportunity to create a differentiated rental or lifestyle-focused development, whether that be riverfront apartments, short-term accommodations, or a purpose-built multi-unit community in a tranquil natural setting. Strategically located just minutes from Middleton and 14 Wing Greenwood, and within easy reach of the Annapolis Valley’s growing employment base, wineries, trails, and coastal attractions, this property offers investors a rare combination of land, zoning flexibility, existing improvements, and redevelopment potential—a true value-add opportunity with multiple exit strategies.