111 Marine Drive photo 11 / 32

MLS #1294670

111 Marine Drive

Clarenville

$399,900

3 Beds
3 Baths
1,725 sqft
Single Family
Source Listing

Property Details

Welcome to potentially your dream coastal retreat in Clarenville — a rare opportunity to own an oceanfront home on a 0.75+ acre lot with direct shore access, complete with your own stage and dock. This property offers the perfect blend of comfort, functionality, and waterfront living. Whether you're launching a boat, enjoying evenings by the water, or simply soaking in the panoramic views, this home checks a lot of boxes. Inside, the home features a spacious open-concept living area with seamless flow between the kitchen, dining, and living spaces make it ideal for entertaining or relaxing with family. A cozy wood stove adds warmth and charm, while an efficient mini split ensures year-round comfort. The primary bedroom serves as a private retreat with its own balcony and complete with a walk-in closet and a well-appointed ensuite. Two additional bathrooms — one full and one-half bath — provide convenience for family and guests. Recent updates offer peace of mind, including improvements to the electrical panel, plumbing, shingles, siding, and windows. Outside, the property continues to show its potential. The large attached (drive through) garage provides ample space for vehicles and storage, while the detached shed offers additional room for tools or workshop space. This exceptional oceanfront property combines space and direct water access — a rare find in today’s market. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$399,900
Down Payment - 5%$19,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,060

Mortgage Payment
$2,277
Property Tax
$283
Insurance
$150
Utilities
$350
Down Payment
$19,995
Loan Amount
$379,905
Total Interest
$303,067

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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