3850 Yellow Point Rd,Nanaimo, BC V9G1E9
Nanaimo, BC V9G1E9
Description
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:13843)
Details
| MLS # | 1046989 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 67 |
| Listing Provided By | Royal LePage Nanaimo Realty LD | Ron Williams |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 850 |
| Zoning | Agricultural |
| Acreage | 100.00 |
| Water Front | Yes |
| Property View | Ocean view |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Wood |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
Exterior
| Lot Features | Acreage, Park setting, Private setting, Southern exposure, Other |
|---|
Parking
| Parking Features | Open, Additional Parking |
|---|---|
| Parking Total | 10 |
Taxes
| Tax Annual Amount | 378.53 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9G1E9 |
| Listing VS Median (in V9G1E9) | |
Price: $4,900,000 low | high Med: $2,924,950 sqft: 850 low | high Med: 1,547 $ / sqft: $5,765 low | high Med: $3,094 On site: 67 low | high Med: 54 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9G1E9 |
| Listing VS Median (in V9G1E9) | |
Price: $4,900,000 low | high Med: $2,924,950 sqft: 850 low | high Med: 1,547 $ / sqft: $5,765 low | high Med: $3,094 On site: 67 low | high Med: 54 | |