ScotianAtlas
FOR SALE · 45 DAYSMLS® 202618082 · PID 05186515

8979 Highway 201

$874,000

Whole multi-unit propertyASSESSED $756,300 · 2026

Lot9.87 acres
Built1985
StyleManufactured Home
Value & taxesPVSC · GOVERNMENT RECORD
Assessed market · 2026$756,300
Taxable (capped)$756,300
Est. property tax · 2026$7,752/yr

Taxed on $756,300 of a $756,300 assessment, at $1.025 per $100.

HistoryMLS® + REGISTRY
Jul 20, 2026Listed$874,000
Feb 15, 2017Soldregistry$700,000

Every relist, cut, and recorded sale, no wall. The incumbent reserves this table for its clients.

Owning this homeCOMPUTED FROM GOVERNMENT RECORDS · NOT A VALUATION
Monthly, all in$4,067MORTGAGE $4,067 · TAX $646/MO
Tax, year one$7,752+$0THE CAP RESETS ·
Cash to close$187,910DOWN $174,800 · DTT $13,110 · LEGAL EXTRA

ARITHMETIC ON PUBLISHED RATES — NOT A QUOTE, NOT ADVICE · SNS DEED-TRANSFER LIST JULY 2026

Assessment recordPVSC · GOVERNMENT RECORD

2022 – 2026

2022$502,000
2023$613,900
2024$706,500
2025$721,200
2026$756,300

Latest assessment $756,300 vs asking $874,000. A government record, not an estimate — ScotianAtlas computes no consumer valuation.

Nictaux median · 2026$223,150
This property$756,300 — in the top tenth
Change 2025 → 2026+$35,100 (+4.9%)

2026 assessments in Nictaux run $10,650 to $407,300 (10th–90th percentile, 696 properties). Position within the distribution is a fact of the roll, not an opinion of value.

The lotNSPRD PARCEL FABRIC · NOT A LEGAL SURVEY
Area10 ac · 453,573 sq ft
Perimeter1,053 m · 3,453 ft

Compiled from provincial mapping — approximate, not a legal survey. Full dimensions and print live on the Site Plan sheet.

About this home

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.

Structure & systemsPVSC + MLS®
StructureNo garage · No finished basement · 4 units
Year built1920
FoundationBlock · Concrete Perimeter · Wood · Other
ExteriorShingle Siding · Steel Siding · Vinyl Siding
RoofAsphalt · Metal
FlooringHardwood · Laminate · Tile · Vinyl · Other
BasementPartially Finished · Other
HeatingBaseboard · Forced Air · Furnace · Ductless · Other Heating/Cooling
CoolingAir Conditioning · Other Heating/Cooling · Ductless
FireplaceYes
Fireplace featuresFireplace(s)
INTERIOR
Interior featuresDining Room · Exercise Room
AppliancesOther
Other equipmentFuel Tank(s)
Land & titleREGISTRY + MLS®
Lot size9.87 acres
Lot dimensionsIrregular
Lot features3 to 9.99 Acres
ZoningR5
FrontageWater Frontage: 1000 Feet
WaterfrontRiver Front · River Access · Fresh Water
ViewRiver
Patio & porchDeck
Other structuresGazebo · Barn(s) · Shed(s)
PID05186515
AAN07024835
Previous MLS®202618081
TITLE
OwnershipFreehold
PossessionNegotiable
HSTPartially Subj. to HST; over and above purchase price
Utilities & parkingMLS®
WaterDug
SewerSeptic Tank
UtilitiesElectricity Connected · Propane
Electricity on propertyYes
ParkingGravel
Map
Map of 8979 Highway 201
Listed by Thomas Siteman · RE/MAX Nova · MLS® data © Nova Scotia Association of REALTORS®. Nothing here is paid placement.

https://www.scotianatlas.com/listing/202618082 · Retrieved Sep 3, 2026 · NOT A LEGAL SURVEY