Owned by the same family since 1954, this rare 10-acre oceanfront estate on St. Margaret's Bay offers all sorts of development potential. Located on Redmonds Road in Seabright, with 772' of shoreline on sheltered Johnson Cove, the MU-2 zoned property allows for an array of uses, but would make an ideal candidate for a new residential seaside development, or an impressive family compound. South facing, this idyllic and private estate includes forested walking trails, meadows with spectacular ocean views, a 4-bedroom homestead with good bones, a 1.5 storey bunkie-sauna building close to the shore, and a 21'4 x 21'6 barn/workshop building. The sheltered anchorage and boat launch will appeal to the avid boaters out there, and the protected cove is perfect for paddling and swimming. Located halfway between Tantallon and Peggy's Cove, the property is just 45 minutes from downtown Halifax and Stanfield International Airport.