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40 Eagle View Dr - 1,200 Acres Prime Resort Land + Nicklaus Golf 1,000 Acres of Residential Land Offered at $17,500,000 CAD in Ellershouse, NS B0N 0C1
Investment Highlights
- Unique opportunity to acquire a 1,200 acre master-planned development site just 30–40 minutes from downtown Halifax, Nova Scotia
- Originally envisioned as a luxury residential and resort community and designed to include high-end amenities and Nicklaus Design golf
- With the right developer, this project could be positioned to become one of Atlantic Canada’s premier destination communities
Executive Summary
• Development agreement in place for resort development*
• Previous development agreement supported up to 2,700 units (residential & mixed-use)
• Nicklaus Design 18-hole golf course (partially completed)
• Prepared for significant commercial outlets, sporting facilities etc.
• 30–40 mins to Halifax and international airport
• 3km+ highway frontage with interchange potential
• Existing infrastructure and roads
• Significant prior investment and planning completed
• Strong market fundamentals in Halifax and surrounding areas
• Opportunity to reposition and relaunch as a high-end resort-style destination
*Subject to renewal/final approval
This is a unique opportunity to acquire a 1,200 acre master-planned development site just 30–40 minutes from downtown Halifax in West Hants. Originally envisioned as a luxury residential and resort community, the project was designed to include high-end amenities, a Nicklaus Design 18-hole golf course, a village centre, and a wide mix of residential and commercial uses. https://nicklausdesign.com/course/forestlakes/
The project achieved an extensive development agreement with the municipality, along with installation of some Infrastructure, 100+ subdivided lots, partial golf course construction and considerable infrastructure investment.
The project entered insolvency proceedings in 2020, but since then, an ownership group was established on behalf of investors to liquidate the land.
With the right developer, this project could be positioned to become one of Atlantic Canada’s premier destination communities, appealing to regional buyers, international investors, and retirees returning to the Maritimes. Alternatively, it offers potential for large-scale subdivision development, with or without a golf component.
Property Facts
| Price | $17,500,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Distress Sale | Proposed Use | Master Planned Community |
| No. Lots | 1 | Total Lot Size | 1,000.00 AC |
| Price | $17,500,000 CAD |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Master Planned Community |
| Total Lot Size | 1,000.00 AC |
1 Lot Available
Lot 1
| Price | $17,500,000 CAD | Lot Size | 1,000.00 AC |
| Price Per AC | $17,500.00 CAD |
| Price | $17,500,000 CAD |
| Price Per AC | $17,500.00 CAD |
| Lot Size | 1,000.00 AC |
Sale Type: Investment Property Type: Land Zoning: Development Agreement in Place Proposed Use: Residential / Mixed-Use, supports up to 2700 units
Description
Master-planned development site with approvals, infrastructure, and subdivision works already in place. Previous development agreement supports up to 2,700 units plus commercial and resort components. Internal roads, engineering, and partial golf course construction completed. Suitable for an experienced, well-capitalised developer of master-planned or resort communities, with the capacity to phase development, reposition the brand, and deliver a golf, wellness, and lifestyle-led community supported by a strong marketing platform.
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40 Eagle View Dr - 1,200 Acres Prime Resort Land + Nicklaus Golf
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