Residentiae.
For Sale · PEIA

32 DRIFTWOOD DRIVE

PEIA · C0A1G0

$499,000

3Bedrooms
1Bathrooms
Parking
1,150Sq Ft

About this residence

If you are a prospector, this is the once in a lifetime find. A rare diamond not to be duplicated anywhere on PEI. The property is 7.1 acres with 324 ft of water frontage and extends to the high water mark on the ocean. (This properly is now significantly larger due to accretion https://beachapedia.org/Accretion ) The property fronts on a marram grass dune and you have direct access to over a mile of private white sand beach that connects Launching Point to the Boughton Island nature preserve. There is a southern exposure and no bank from the property to the dunes. There is a road and power into the land as well as an older cottage, a bunkie with a full bathroom and two sheds. Paths run through the land and there are grown up gardens that need to be revitalized. The cottage could be renovated or moved to the back of the property and build your new dream home with the best view on PEI. This property truly is a nature lover's paradise where you can kayak, beach comb, dig clams, photograph many birds including piping plovers and eagles, and just dig your feet in the sand and enjoy the quiet, peace, and tranquility. This property is also ideal for a resort development or summer cottage rental business. The cottage and 1.22 acres is exempt from HST. The remainder approximately 5.9 acres is HST applicable and is over and above the purchase price. (id:61366)

Property details

Property type
Recreational
Style
Recreational
Ownership
Freehold
Bedrooms
3 (3 above)
Bathrooms
1
Living area
1,150 sq ft
Lot size
7
Annual tax
$1,484
MLS®
202519091
Board
PEIA
Status
Active
Listed
Jul 30, 2025
Updated
Feb 25, 2026

Features & finishes

Appliances

  • Refrigerator
  • Stove

Flooring

  • Linoleum

Heating

  • Baseboard heaters
  • Electric

Exterior

  • Vinyl

Sewer & Utilities

  • Septic System

Financing

Mortgage calculator

Estimated monthly payment

$2,334/mo

Amortization

Loan amount

$399,200

Down payment

$99,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

PEIA

About the area

Census · C0A
48,140
Population
45
Median age
$77,500
Median income
$276,000
Median home value
82%
Home ownership
24 min
Avg. commute

Age distribution

0–14
16%
15–24
11%
25–44
23%
45–64
29%
65+
21%

Tenure

82% owners18% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 32 DRIFTWOOD DRIVE?

32 DRIFTWOOD DRIVE is listed for $499,000, in PEIA.

How many bedrooms and bathrooms does 32 DRIFTWOOD DRIVE have?

It offers 3 bedrooms and 1 bathroom.

What type of home is 32 DRIFTWOOD DRIVE?

32 DRIFTWOOD DRIVE is a Recreational, Recreational.

How large is 32 DRIFTWOOD DRIVE?

The home offers approximately 1,150 sq ft of living space on a lot measuring 7.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,334. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $1,484 per year.

What is the PEIA area like?

PEIA has a population of about 48,140, a median age of 45, a 82% home-ownership rate, with an average commute of about 24 minutes.

What is the average home value in PEIA?

The median dwelling value in this area is approximately $276,000, based on census data via Neighbourly.

What is the median household income in PEIA?

The median household income in this area is approximately $77,500.

Private viewings

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