Good Times

Posted on March 23, 2016 | Atlantic Business Magazine | 0 Comments

Utopian retreat

The most luxurious residential property currently on the market in Atlantic Canada is Sandleigh Estates in southern New Brunswick, priced at $9.6 million. Featuring panoramic views of aptly-named Lake Utopia, the 112-acre property features an 11,000 sq. ft. main house, two guest homes, pool house, baseball field, golf driving range, go kart track and water park, as well as basketball and tennis courts. It was built by technology entrepreneur and venture capitalist Lorne Abony. (Photos courtesy Keller Williams Capital Realty, Fredericton, N.B.)

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Modern, luxurious, architectural main home takes full advantage of its center stage location on Lake Utopia.

135

Number of million-dollar-plus homes on the market in Atlantic Canada during March 2016.
19 in Newfoundland and Labrador
95 in Nova Scotia
21 in New Brunswick

$205,013

Average price of a home in Atlantic Canada (2015)
New Brunswick: $162,393
Nova Scotia: $214,378
Newfoundland and Labrador: $280,888

Island life

At $6.9 million, the second-most expensive residential property for sale in the region is Osprey Nest on Kaulbach Island, Nova Scotia.