ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/this 120+ acre property that includes 120+ acres of gently sloping agricultural land which has never been farmed and has potential to be granted organic status (buyer to do their own inquiries), 4 separate titled stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the approx. 95 acres of CP & a separately titled 23 acre oceanfront parcel w/ 754 feet of waterfront! Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4 established homes that each have 180 degrees of ocean, mountain 6 Gulf Island views. This property allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this property. Purchase can be with or without the 23 acre oceanfront section. All this and the ability to have low farm status tax rates. Can be purchased as share sale. Msmts approx., pls verify if important.
- Price:
- $7,500,000
- Acreage:
- 123.00
- Listing ID #:
- 919160
- Street Address:
- Lot 1 Lofthouse Rd
- City:
- Nanaimo
- Province:
- British Columbia
- Postal Code:
- V9X 1N7
- County:
- Regional District
- Community:
- Nanaimo
- Subarea:
- Cedar
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Construction Type:
- Frame Wood
- Number Of Units:
- 4
- View:
- Ocean
- Conforms To Zoning:
- Ag1d
- Lot Features:
- Acreage, Cleared, Pasture, Quiet Area, Rectangular Lot, Rural Setting
- Lot Size:
- 123
- Lot Square Footage:
- 5357880
- Road Type:
- Paved
- Days On Market:
- 129
- Originating Mls:
- Vancouver Island Real Estate Board
- Restrictions:
- Alr: Yes, Restrictive Covenants
- Terms:
- Must Be Paid Off
- Ownership:
- Freehold/Strata
- Property Taxes:
- $58
- Tax Year:
- 2022
- Parking Description:
- On Site
- Existing Water:
- Well: Drilled
- Sewage Type:
- Septic System
- Utilities:
- Cable Available, Electricity Connected, Phone Available
- Waterfront:
- Yes
- Waterfront Description:
- Ocean Front
- Listing Provided By Myles Mccullough of Exp Realty
