Property Description

Imagine waking up to peaceful river views, stepping outside with your morning coffee, and spending your days enjoying the water from your own piece of PEI waterfront. Welcome to 98 Charlie's Lane?a turn-key riverside retreat offering 103 feet of private waterfront on the beautiful Pinette River, just 30 minutes from Charlottetown. Set on 0.4 acres, this charming, well-maintained 3-bedroom, 1-bath cottage offers so many possibilities. Make it your family's summer escape, continue its success as an income-producing vacation rental, or explore the potential for a year-round home. The wrap-around deck is made for Island summers?morning coffee overlooking the river, afternoons on the water, evening BBQs and quiet nights with family and friends. Inside, the open, inviting layout comes furnished and ready to enjoy, complete with fridge, stove, washer and dryer. More than a seasonal cottage, this property offers a solid foundation for the future. Built on a 5-foot concrete foundation, it is fully insulated with electric baseboard heat, making it comfortable throughout spring, summer and fall and adaptable for year-round living with minimal upgrades. Recent improvements include a durable steel roof, newer vinyl siding, and vinyl windows and doors, creating an attractive, low-maintenance exterior. A new water heater was installed in 2023, the property has a UV light, and a shed provides storage for tools, outdoor furniture and water toys. For those looking for an investment, this property has a successful Airbnb rental history earning $250/night, with annual property taxes of just $1,406. Peaceful and private yet convenient, you're only 20 minutes from Montague and 30 minutes from Charlottetown. Whether you envision family memories, a waterfront escape, rental income or a future year-round home, 98 Charlie's Lane is your opportunity to own a slice of the PEI waterfront lifestyle. (id:7434)