Whether you're searching for a year-round coastal home, a seasonal retreat, or a turnkey vacation rental, this distinctive property offers exceptional income potential just minutes from Peggy's Cove, one of Nova Scotia's most visited destinations. Wake up each morning to sweeping, west-facing views of St. Margarets Bay, where sunlight fills the home and the ever-changing water creates a stunning backdrop. Start the day with coffee from the breakfast nook overlooking the bay, spend the afternoon kayaking the nearby shoreline, hiking the trails at Polly's Cove, browsing local artisan shops, or picking up fresh seafood just down the road. As evening arrives, relax on the deck and watch unforgettable sunsets paint the sky over the water. Inside, the property is comprised of a main living area, with a newly renovated basement, along with two additional suites upstairs - each with their own designated kitchen area and bathroom. The two suites create excellent potential for guest accommodations, extended family living, or an owner-occupied vacation rental. Full of East Coast character, warm wood floors, and inviting spaces, this is a property that offers both an exceptional lifestyle and an exciting investment opportunity.
Hwy 102 to exit 5 Tantallon, left onto Hammonds Plains Road, right onto St. Margarets Bay Road then left onto Peggys Cove Road
Listing Sub-Area:
40-Timberlea, Prospect, St. Margaret's Bay
Property Type:
Residential
Residential Type:
Single Family
Residential Style:
Detached
Title To Land:
Freehold
Home Style:
2 Storey
Exterior Finish:
Wood Shingles
Bedrooms:
3
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Full Bathrooms:
4
Half Bathrooms:
0
Main Living Area:
1,972 sq. ft.183 m2
Floor Area:
2,721 sq. ft.253 m2
Building Dimenions:
36'3" x 33'6"
Prop Size:
Under 0.5 Acres
Lot Size:
16,335 sq. ft.1,518 m2
Zoning:
MU-1
Water Supply:
Well
Sewer:
Septic
Foundation:
Poured Concrete
Floor Finish:
Softwood, Other
Roof:
Asphalt Shingle
New Constr.:
No
Basement:
Full, Fully Developed, Walkout
Heating:
Forced Air, Furnace, Stove
Fuel:
Oil, Wood
Utilities:
Cable, Electricity, High Speed Internet, Telephone
Garage:
None
Parking Description:
Circular Gravel
Driveway:
Circular, Gravel
Floor
Type
Size
Other
Main Floor
Living Room
14'5"4.39 m × 12'10"3.91 m
Main Floor
Dining Room
13'4"4.06 m × 12'8"3.86 m
Main Floor
Kitchen
13'8"4.17 m × 12'8"3.86 m
Main Floor
Dining Nook
11'3.35 m × 7'4"2.24 m
Main Floor
Den/Office
12'5"3.78 m × 7'4"2.24 m
Main Floor
Bedroom
12'10"3.91 m × 12'8"3.86 m
2nd Level
Eat In Kitchen
14'10"4.52 m × 11'3.35 m
2nd Level
Family Room
13'5"4.09 m × 12'6"3.81 m
2nd Level
Primary Bedroom
13'5"4.09 m × 10'11"3.33 m
2nd Level
Bedroom
13'3.96 m × 12'8"3.86 m
Basement
Rec Room
31'10"9.70 m × 21'2"6.45 m
Basement
Utility
17'6"5.33 m × 13'3.96 m
Floor
Ensuite
Pieces
Other
Main Floor
No
-
7'3" x 8'
2nd Level
Yes
-
9'9" x 5'11"
2nd Level
No
-
9'9" x 10'1"
Basement
No
-
9' x 7'1"
Ensuite Bath, Secondary Suite, Wood Stove(s)
Deck, Patio
None
Range - Gas, Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Water Softener
Park, Playground, School Bus Service, Place of Worship, Beach
Data was last updated July 15, 2026 at 07:20 PM (UTC)
Area Statistics
Listings on market:
188
Avg list price:
$722,450
Min list price:
$169,900
Max list price:
$3,595,000
Avg days on market:
54
Min days on market:
1
Max days on market:
383
Avg price per sq.ft.:
$325.41
These statistics are generated based on the current listing's property type
and located in
40-Timberlea, Prospect, St. Margaret's Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.