Located steps from the water in beautiful Placentia, this expansive property offers breathtaking views and a rare opportunity for investors, contractors, or developers looking for their next project. Just approximately 1 hour and 20 minutes from St. John's, you can enjoy the charm of a historic coastal community while remaining within easy reach of the city. With over 3,600 square feet of living space, the property is currently configured as three separate units and was previously rented by the room. Featuring a total of 8 bedrooms and 10 bathrooms, there is no shortage of possibilities for redevelopment, renovation, or income-generating potential. The home is in need of significant repairs and is being sold as is. However, opportunities like this are hard to find. The combination of size, location, water views, and development potential makes this a truly unique offering. Whether you're looking to restore the existing structure, create a profitable rental property, completely reimagine the property, or even utilize the lot for a new build (subject to any required approvals), the potential here is undeniable. For the right buyer with vision, 104 Orcan Drive could become an incredible investment in one of Newfoundland's most scenic coastal communities. (id:60457)