ScotianAtlas
MapPENDING · 158DMLS® 202605874 · PID 60378056

400 Maders Cove Road

2 Storey
$995,000
BEDS · BATHS3 · 1.5SQUARE FEET2,236$ / SQFT$445ASSESSED 2026$706,500
LISTED BYJohn Powers · Engel & Volkers (Lunenburg)
1WHAT IT ISPHOTOS AND THE FACTS THAT DECIDE
PHOTOSMLS® MEDIA © LISTING BROKERAGE
THE PHYSICAL RECORDMLS® + PVSC
Beds3
Baths1.5
Living area2,236 sqft
Lot1.86 acres
Built1992
Style2 Storey
$ / sqft$445
ABOUT THIS HOMETHE LISTING BROKERAGE’S OWN WORDS

Thich Nhat Hanh suggests that reincarnation, or rebirth, is shaped by our thoughts, speech and actions which form our true 'continuation' In fact, rebirth and continuation inform the story of this house. The bones of a 19th century cape with its solid beams and timbers together with old floorboards, doors and 'things that had lived a little' were moved to the selected hilltop building site overlooking the islands and waters of Mahone Bay. The owners, passionate about old houses along with the designer, well known for breathing new life into old things, collaborated to produce a home of lyrical, hard to place peaceful ambience. The wide board plank floors, rustic exposed beams and the careful re-use and salvage of materials from across the province are contrasted and complimented by the 'new' sunroom with its vaulted ceiling and warm natural light. Functional features include the open concept living area with principle bedroom and bath on the main level... guest bedrooms are on the second floor and the walkout basement includes an office, den and storage area. Outside, the slate walkways and private gardens have been a labour of love, well planned yet natural and casual and professionally maintained over the years. Here, the beguiling ocean views never disappoint and a lovely sand beach is within easy walking distance. Antique or modern? No matter, it’s just feels right and this one of a kind property now patiently awaits new stewardship… continuation for those so inclined.

2WHAT IT IS WORTHGOVERNMENT RECORD · 5 YEARS · NO ESTIMATE
ASSESSMENT RECORDPVSC · 2022–2026 · GOVERNMENT RECORD, NOT AN ESTIMATE
2022$448,7002023$473,8002024$623,1002025$653,7002026$706,500

Five most recent assessment years held — the full depth of the published PVSC roll. Nothing is withheld by tier here: no account or membership opens a longer series.

HISTORYMLS® EVENTS FROM 2026
AUG 17 2026For sale → PendingMLS® 202605874
MAR 30 2026Listed for sale$995,000MLS® 202605874
VALUE & TAXESPVSC · GOVERNMENT RECORD
Assessed market · 2026$706,500
Taxable (capped)$509,100
Cap shelter+$197,400
Est. property tax · 2026$4,124/yr

Taxed on $509,100 of a $706,500 assessment$197,400 sheltered by the NS assessment cap, at $0.810 per $100.

ASSESSMENT IN CONTEXTPVSC · GOVERNMENT RECORD
Maders Cove median · 2026$207,000
This property$706,500 — in the top quarter
Change 2025 → 2026+$52,800 (+8.1%)

2026 assessments in Maders Cove run $2,110 to $885,350 (10th–90th percentile, 328 properties). Position within the distribution is a fact of the roll, not an opinion of value.

3WHAT IT COSTS TO OWNARITHMETIC ON PUBLISHED RATES — NOT A QUOTE
OWNING THIS HOME · 20% DOWN · 5% · 25 YRCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
MONTHLY, ALL IN$5,107MORTGAGE $4,630 · TAX $477/MO
TAX, YEAR ONE$5,723+$1,599 — THE CAP RESETS
CASH TO CLOSE$211,438DOWN $199,000 · DTT $12,438

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · LEGAL FEES AND ADJUSTMENTS ARE EXTRA AND NOT ON RECORD · SNS DEED-TRANSFER LIST JULY 2026

Listed by John Powers · Engel & Volkers (Lunenburg) · MLS® data © Nova Scotia Association of REALTORS®.NOTHING HERE IS PAID PLACEMENT

https://www.scotianatlas.com/listing/202605874 · Retrieved Sep 4, 2026 · NOT A LEGAL SURVEY