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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 megayachts, 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.
Fridge, stove, dishwasher, washer, dryer
City: Prince Edward County
Neighborhood: Picton
Purchase Price | $2500000 |
Down Payment | $500000 |
Mortgage Insurance | $0 |
Total Mortgage | $2000000 |
Mortgage Payment | $12325 |
Property Taxes | $536 |
Maintenance Fees | $0 |
Monthly Payment | $12860 |
Located at 782 County Rd 49 N/A , this Prince Edward County house is available for sale. This property was listed for $2,500,000 on Wed Jun 04 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Sunroom, Sunroom, Bathroom, Br, 2nd Br, 3rd Br, Bathroom, Loft, Rec, Utility, Bathroom. This property comes with 10 parking spots. 782 County Rd 49 N/A, Prince Edward County is situated in the Picton neighbourhood.
MLS#: X12196144 · $2,500,000 · 3 bedroom house in Picton, Prince Edward County