Discover an extraordinary 4.7-acre estate nestled along the tranquil shores of Hallowell Mills Cove - an unparalleled, once-in-a-generation opportunity in one of Prince Edward County's most exclusive and storied settings. Ideally situated beside the Picton Golf & Country Club, this remarkable property offers a rare combination of natural beauty, rich history, and limitless potential. Framed by two dramatic 50-foot waterfalls one a deep, gorge-style fall and the other a gentle cascade, the property is home to four unique structures. The main residence features 4+1 bedrooms and 2.5 bathrooms, showcasing character-filled details like solid one-inch pine floors, a jacuzzi tub, 12-foot ceilings on the main level, and soaring 20-foot cathedral ceilings in the primary suite. The impressive three-storey, 2,000 sq ft boathouse, once built to house 50-foot mega yachts, has been partially converted into a charming 1-bedroom, 1.5-bath secondary dwelling, finished with elegant rosewood. Additional structures include a cozy 250 sq ft winterized cabin and the historic mill foundations, once used to harness the power of the waterfalls for a grist mill at the top and a lumber mill at the base, offering the possibility for restoration or redevelopment. Whether you're a family seeking an extraordinary retreat, a visionary developer, or a savvy investor, Hallowell Mills Cove is a dream site with unlimited potential as Picton continues to grow.
Address
782 County Rd 49
List Price
$1
Property Type
Residential Freehold
Type of Dwelling
Rural Residential
Style of Home
2 1/2 Storey
Area
Prince Edward County
Sub-Area
Picton
County
Prince Edward County
Bedrooms
3
Bathrooms
3
Floor Area
1100 - 1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
588.07
Lot Shape
Irregular
Lot Size Range (Acres)
2 - 4.99
Lot Size Units
Feet
Lot Width
373.33
MLS® Number
X12265012
Listing Brokerage
EXIT REALTY GROUP
Basement Area
None
Postal Code
K0K 2T0
Parking
Circular Drive
Parking Places (Total)
10
Tax Amount
$6,429.00
Tax Year
2024
Interior Features
None
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Board & Batten
Direction Faces
East
Fireplace
No
Foundation Details
Poured Concrete
Garage Type
None
Kitchens Total
1
Pool Features
None
Roof
Metal
View Type
Bay
Water View
Direct
Waterfront
Yes
Waterfront
Direct
Waterfront Accessory
Boat House, W/Accommodation Above
Waterfront Features
Boathouse
Water Body Name
Picton Bay
Water Body Type
Bay
Shoreline
Unknown
Access To Property
Highway
Alternative Power
None
Sewer
Septic
