Space
Finished area and layout
- Living Area
- 850 sqft
- Above Grade
- 718 sqft
- Finished Breakdown
- Above 718 sqft
- Bedrooms
- 2
- Bathrooms
- 2
+36 more
2
Bedrooms
2
Bathrooms
850 sqft
Living Area
100 ac
Lot
10
Parking
Property Snapshot
Key details for this listing
MLS #1046989
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 2-bedroom, 2-bathroom single family in Nanaimo offers 850 sqft of living area on a 100 ac lot. The property has lot dimensions of 100, zoned Agricultural. The home features baseboard heaters, wood heating, none, a fireplace. Highlights include a 10-car garage.
MLS Remarks
Set in a picturesque Yellow Point setting, this extraordinary 100-acre ocean front property offers a rare blend of privacy, natural beauty, and investment potential. The proposed seven-lot subdivision is in the final stages of approval, consisting of 6 new lots, each serviced with a registered well, proof of septic areas, Hydro and cable at the street and a remainder property, (lot 7). The 6 lots range in area from 5 to 29 acres, totaling 64 acres, with the remaining waterfront 38 acres, for a total of 102 acres. The CVRD, First Nations, and MoTT requirements, including road construction, have been completed. The remaining 38 acre property, lot 7, has the potential to create a further 6-lot subdivision. The subdivision application for an additional 6 lots or phase 3 has been submitted and the Archeological, Enviro and survey requirements have been completed. 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 cottage 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 airport and BC ferries at Duke Point and an easy drive to Victoria (id:60351)
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