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Main | Shore Road beachfront, 100 acres...............................$675,000 »
Monday
Nov122018

Margaree Forks, 150 acres..........................................$690,000

This one-of-a-kind property consists of 150 acres including both forest and agricultural land, well over one mile of riverfront on the famous Margaree river, with 4 named salmon pools, a house, plus a gaspereau fishing licence licence and the building and equipment to go with it.

Property map


House

The house is a 30 year old bungalow, 1200 sq ft. Solid, spacious, not fancy. On a concrete perimeter wall, no basement. One usable outbuilding. Two bedrooms, large bathroom with a whirlpool tub, separate laundry room. A screen porch faces the views, a back room has a shower.  

 

 

 

PHOTOS

The River

Two km of riverfront include part of the Southwest Margaree river, the Forks themselves where it joins the Northeast Margaree and a section of the merged river. There are at least four named salmon pools on the river bordering this property. One part of the riverfront is a location for gaspereau fishing, and a licence is included in the sale - see next section.

PHOTOS

 

Gaspereau fishing

Equipment for the gaspereau fishery consists of a sound 42' x 38' building with a concrete floor, the trap itself and 20+ vats for salting the fish. A spring-fed water supply runs to the building. The location is excellent: a good lie of the river and one of the first (most downstream) traps. The fishery was last operated 3 years ago, with income thus: fish sales - $15,000, EI income generated - $13,000, per annum. 

PHOTOS


Land

Of the 150 acres, about 70 are forested and under a management plan. 30+ years ago a large area was planted with a mix of spruce and red pine, other parts are mixed woods. A 'ring road' that circles around most of the forest is a useful feature.

A hayfield of 10+ acres is below the road, and beyond that is a smaller wild area towards the river, that can flood in spring. Nearer the house in a stand of huge maples is an eagles nest where two young were successfully reared in 2018. Spot the nest in one of the photos! 

PHOTOS

Location


An excellent location for any commercial venture, on the Cabot Trail just after it's joined by Highway 19 (aka the Ceilidh Trail, up the west coast of the island). 15 miles to Inverness and all its amenities. 7 miles to Margaree harbour and ocean beaches, then 14 more to Cheticamp and the National Park. In the other direction, the Cabot Trail goes to Baddeck and the Trans Canada Highway to Sydney or mainland NS.

 

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