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Kyle Thompson

kyle.thompson@exprealty.com +1(250) 320-5762

$ 4,900,000

Est. payment | -/mo

2 Beds

2 Baths

718 SqFt

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$ 4,900,000

Est. payment | -/mo

Save

2 Beds

2 Baths

718 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 718

Square Footage 718 sqft

Price per Sqft $6,824

Subdivision Cedar

MLS® Listing ID 1046989

Style Cottage,Cabin

Bedrooms 2

Lot Size 102.150 Acres

Acres 102.15

Property Sub-Type Freehold

Property Description

Rare Ocean Front Development Opportunity in final stage of subdivision process. Set in 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, 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 and approved with the subdivision pending registration at the Land Title Office following paving. 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:24570)

Location

Province BC

Zoning Agricultural

Rooms

Kitchen 1.0

Extra Room 1 Second level 2-Piece Bathroom

Extra Room 2 Second level 15'3 x 9'3 Bedroom

Extra Room 3 Main level 4-Piece Bathroom

Extra Room 4 Main level 8'1 x 8'6 Laundry room

Extra Room 5 Main level 12'1 x 9'5 Bedroom

Extra Room 6 Main level 8'6 x 9'6 Kitchen

Interior

Heating Baseboard heaters,

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N Yes

View Ocean view

Attached Garage No

Total Parking Spaces 10

Garage No

Private Pool No

Building

Architectural Style Cottage, Cabin

Others

Ownership Freehold

Listed by Royal LePage Nanaimo Realty LD

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 320-5762

kyle.thompson@exprealty.com

1000 Clubhouse Dr, Kamloops, BC, V2H 1T9, CAN

3850 Yellow Point Rd Nanaimo, BC V9G1E9

Kyle Thompson

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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3850 Yellow Point Rd