Address
3850 Yellow Point Rd, Nanaimo, BC
Price
$ 4,900,000
Property Attributes
- ID#1046989
- TypeSingle Family
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodCedar
- Postal CodeV9G 1E9
- StyleCottage, Cabin
- Price$ 4,900,000
- Bedrooms2
- Bathrooms2
- Half Bathrooms0
- Sqr Footage850
- Lot Size102.15 Acres
Data Source:
Canadian Real Estate Association (CREA)
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:7434)
General Features
| Features | Acreage, Park setting, Private setting, Southern exposure, Other |
|---|---|
| Property Type | Single Family |
| Zoning Description | A2 |
| ZoningType | Agricultural |
| Neighbourhood | Cedar |
| Building Architectural Style | Cottage, Cabin |
| Building Cooling Type | None |
| Parking Space Total | 10 |
| Building Type | House |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | True |
|---|---|
| Building Fireplace Total | 1 |
| Building Heating Type | Baseboard heaters |
| Building Heating Fuel | Wood |
| Living Area Range | 850 |
| Bedrooms | 2 |
Exterior Features
| Water Front Type | Waterfront on ocean |
|---|---|
| ViewType | Ocean view |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | 4-Piece | Main level | ||
| Bedroom | 12'1 x 9'5 | Main level | ||
| Great room | 22'6 x 14'3 | Main level | ||
| Kitchen | 8'6 x 9'6 | Main level | ||
| Laundry room | 8'1 x 8'6 | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in V9G 1E9
Price
In The Neighbourhood
Just Listed
Nanaimo
$ 999,999
- Type
- Single Family
- Size
- 1,605 SqFt
- Rooms
- 3 Beds + 2 Baths
REMAX Professionals (NA)
Nanaimo
$ 1,100,000
- Type
- Single Family
- Size
- 1,305 SqFt
- Rooms
- 4 Beds + 3 Baths
REMAX Professionals (NA)
Nanaimo
$ 750,000
- Type
- Single Family
- Size
- 2,751 SqFt
- Rooms
- 4 Beds + 3 Baths
Sutton Group-West Coast Realty (Nan)
Nanaimo
$ 2,265,000
- Type
- Single Family
- Size
- 2,400 SqFt
- Rooms
- 3 Beds + 2 Baths
Royal LePage Island Living (PK)
Nanaimo
$ 829,900
- Type
- Single Family
- Size
- 2,471 SqFt
- Rooms
- 4 Beds + 3 Baths
REMAX Professionals (NA)
Nanaimo
$ 1,149,900
- Type
- Single Family
- Size
- 3,054 SqFt
- Rooms
- 4 Beds + 4 Baths
REMAX Professionals (NA)
Nanaimo
$ 1,090,000
- Type
- Single Family
- Size
- 3,098 SqFt
- Rooms
- 5 Beds + 4 Baths
Royal LePage Duncan Realty
Nanaimo
$ 1,199,900
- Type
- Single Family
- Size
- 3,098 SqFt
- Rooms
- 5 Beds + 4 Baths
REMAX Professionals (NA)
Nanaimo
$ 1,525,000
- Type
- Single Family
- Size
- 3,496 SqFt
- Rooms
- 5 Beds + 3 Baths
REMAX Professionals (NA)
