+36 more
3
Bedrooms
3
Bathrooms
63.89 ac
Lot
1970
Year Built
About This Property
This 3-bedroom, 3-bathroom business in Margareev offers a 63.89 ac lot. Built in 1970, 1 storey. The property has lot dimensions of 63.89. The home features wood flooring.
MLS Remarks
Nestled deep in the hills along two-thirds of a mile of the legendary Margaree River, this extraordinary 64-acre property is a well-known destination for salmon anglers, snowmobilers, and wilderness lovers. Operated for decades by the same dedicated owners, the business includes a popular bar and restaurant, year-round accommodations, and a charming owners residenceall set amid a backdrop of protected forest and Crown land. Surrounded by over 100,000 acres of wilderness stretching to Cape Breton Highlands National Park, the property feels remote yet remains fully connected with Fibre Op high-speed internet. Across the river lies the 1,900-acre Sugar Loaf Mountain wilderness area, adding to the appeal for outdoor enthusiasts. Accommodations include three stand-alone cabins, a duplex with two private units under one roof, and two additional two-bedroom units. Each space is self-contained with a kitchenette, bathroom, and living area, all newly constructed between 2021 and 2023. The lodge itself features a striking octagonal post-and-beam bar, a well-regarded restaurant known for its gourmet fare, and a commercial kitchen. The upper level houses a two-bedroom owners suite, and a later addition provides a third bedroom, private seating area, and additional bathroom. Public spaces in the lodge also include two washroom stalls for guests. Significant renovations were completed in 2010, including the addition, upgraded plumbing and electrical systems (with a 200-amp panel), and a new roof, which was further updated in 2018. While the business currently reflects modest financial returns, it has comfortably supported the full-time lifestyle of its owners, who include personal living expenses within the business. This property represents more than just a commercial opportunityits a gateway to a cherished lifestyle in one of Nova Scotias most iconic natural settings. (id:60351)
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