178 SHIP WRECK SHORE ROAD
PEIA · C0A1A0
$519,000
About this residence
Location, location, location. Set on a narrow peninsula where ocean views stretch out on both sides, Captain's Watch Cottage offers something truly rare - a place where beauty, privacy, and calm come together in perfect balance. Architecturally designed and lovingly maintained, this 3-season cottage sits on 1.5 acres of oceanfront land in the quiet, sought-after community of Point Prim. With 3 bedrooms including a cozy loft with 2 beds, and 1 full bathroom, the cottage comfortably accommodates family and guests. There is a detached shed includes a washer, dryer, and a convenient shower to rinse off after beach days. The electric heat, air conditioning (heat pump), and high-speed internet provide modern comfort in a peaceful setting. Set back 1 km from a quiet dead-end road, the property offers privacy and tranquility without feeling isolated. The spacious deck, ocean-facing covered porch, and large firepit create perfect spaces for outdoor living and relaxing. Enjoy panoramic water views from both sides of the peninsula, with an aluminum staircase leading straight down to the red sand beach. Bonus Opportunity: The adjacent 1.5-acre oceanfront lot is also available for purchase. Undeveloped and full of possibility, it offers a rare chance to expand your vision - whether that means a guest house, studio, or simply more space to call your own. Opportunities like this are rare. Captain's Watch Cottage combines natural beauty, smart design, and a proven rental history - all in one of the most peaceful, picturesque corners of Prince Edward Island. Don't miss your chance to own this slice of paradise! (id:61366)
Property details
- Property type
- Recreational
- Style
- Recreational
- Ownership
- Freehold
- Bedrooms
- 3 (3 above)
- Bathrooms
- 1
- Storeys
- 1
- Living area
- 882 sq ft
- Lot size
- 1.2
- Fireplace
- Yes
- Year built
- 2000
- Annual tax
- $3,046
- MLS®
- 202522545
- Board
- PEIA
- Status
- Inactive
- Listed
- Sep 5, 2025
- Updated
- Sep 29, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 11.3 X 11.11 |
| Dining room | Main level | 13.4 X 11.7 |
| Kitchen | Main level | Combined |
| Primary Bedroom | Main level | 12 X 13.5 |
| Bedroom | Main level | 12.8 X 12 |
| Bedroom | Second level | 17.6 X 7.7 |
| Bath (# pieces 1-6) | Main level | 6.11 X 4.1 |
Features & finishes
Appliances
- Refrigerator
- Dishwasher
- Dryer
- Stove
Flooring
- Vinyl
- Wood
Heating
- Baseboard heaters
- Wall Mounted Heat Pump
- Electric
Exterior
- Wood siding
Parking
- Gravel
Sewer & Utilities
- Septic System
Financing
Estimated monthly payment
$2,427/mo
Loan amount
$415,200
Down payment
$103,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
PEIA
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 178 SHIP WRECK SHORE ROAD?
178 SHIP WRECK SHORE ROAD is listed for $519,000, in PEIA.
How many bedrooms and bathrooms does 178 SHIP WRECK SHORE ROAD have?
It offers 3 bedrooms and 1 bathroom.
What type of home is 178 SHIP WRECK SHORE ROAD?
178 SHIP WRECK SHORE ROAD is a Recreational, Recreational set over 1 storey, built in 2000.
How large is 178 SHIP WRECK SHORE ROAD?
The home offers approximately 882 sq ft of living space on a lot measuring 1.2.
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 $2,427. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,046 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.
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