NS
Annapolis
Nictaux
B0S 1P0
8979 Highway 201
8979 Highway 201, Nictaux, NS B0S 1P0
Share Listing
Listing Type
Multi Family
Listing Status
Active
50
$874,000

Home Details for 8979 Highway 201

Price
$874,000
Type
Residential Income
Year built
1920
Lot size acres
9.87
County
Annapolis
Basement
Partially Finished, Other
Days on site
37
MLS Listing#
202618082
Property 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 R5 zoning, the property supports a broad range of permitted uses, including multi-unit residential, hotel/motel, institutional, 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.

Property Features
  • Heating Information
    • Floor Furnace
    • Baseboard
    • Forced Air
    • Ductless
  • Waterfront and Water Access
    • River Front
    • River Access
  • Utilities
    • Electricity Connected
    • Propane
  • Basement
    • Partially Finished
    • Other
  • Cooling Information
    • Ductless
  • Water Features
    • Well
  • Parking
    • Gravel
Listing Courtesy: RE/MAX Nova
NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS® The above information is from sources deemed reliable but it should not be relied upon without independent verification.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Nova Scotia AOR.
EXIT REALTY TOWN & COUNTRY
8873 Commercial Street, New Minas, NS B4N 3C4
Office
902 679 1177
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