Description

Rare Ocean Front Development Opportunity. Set within a picturesque Yellow Point setting, this extraordinary 102-acre ocean front property offers a rare blend of privacy, natural beauty, and investment potential. The proposed seven-lot subdivision is in the final stage of approval, with the option to retain approximately 38 acres for personal use to create a further 5 lot subdivision. This creates an outstanding opportunity and a legacy property. Featuring a diverse landscape of sun-drenched meadows, mature forested areas, ponds, creeks, sandstone outcroppings, and select ocean frontage, creating a truly remarkable West Coast environment. Ideally located in a peaceful rural area between Ladysmith and Nanaimo. This one-of-a-kind offering presents an exceptional opportunity to create a very desirable investment opportunity or build a private residence immersed in nature. Zoned A2. the property boasts varied topography and significant potential for a range of agricultural or lifestyle uses. An existing two-bedroom cabin provides accommodation while you plan and develop the property. The land is well-serviced with 8 drilled wells, several producing excellent water. A main access road is already in place to support development. Very accessible to the Nanaimo airport and BC ferries at Duke Point and an easy drive to Victoria (id:2469)

Features

Acreage, Park setting, Private setting, Southern exposure, Other

Listing Provided By

Royal LePage Nanaimo Realty LD

Neighborhood Info

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Property Details

Living Area
718 sqft.
Bedrooms
2
Bathrooms
2
Lot Size Area
102.15 ac
Taxes
N/A
Type
House
Style
Cottage, Cabin
Basement
Year Built
N/A
Real Estate Listing
Provided by:
  • 4440 Chatterton Way
  • Victoria, BC
  • V8X 5J2