Nanaimo · Residential · MLS® 1046989

3850 Yellow Point Rd, Nanaimo

$4,900,000
Rob Grey & Associates
2Bedrooms
2Bathrooms
850Sq Ft
2Days on Market

About this property

Rare Ocean front development opportunity. 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.. 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. The land is well-serviced with 8 wells. An access road is already in place to support development.

Features & details

DDF Property Type Single Family
Building Type House
View Ocean view
Land Size 4,449,654 sq ft (102.15 acres)
Feature Acreage
Feature Park setting
Feature Private setting
Feature Southern exposure
Feature Other
Property Type Single Family Detached
Heating Baseboard,Wood
Cooling None
Parking Spaces 10
Water Source Well: Shallow
Sewer Septic System
Style Cottage/Cabin
Roof Metal
Foundation Poured Concrete
Zoning A2

Room dimensions

Bathroom
4-Piece
Laundry room
8\'1 x 8\'6
Bedroom
12\'1 x 9\'5
Kitchen
8\'6 x 9\'6
Great room
22\'6 x 14\'3

Location

Brokerage Listed by Royal LePage Nanaimo Realty LD. Information is deemed reliable but not guaranteed.