Address
3850 Yellow Point Rd, Nanaimo, BC
Price
$ 4,900,000
Property Attributes
  • MLS#1046989
  • TypeSingle Family
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Cedar
  • Postal CodeV9G 1E9
  • StyleCottage/Cabin
  • Taxes$ 378
  • Price$ 4,900,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage850
  • Lot Size102.15 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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.

General Features

Living Area 850.00
Sewer Septic System
Heating Baseboard,Wood
Cooling None
Roof Metal
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning A2
Architectural Style Cottage/Cabin
View Ocean
Property Subtype Single Family Detached
Property Type Residential
Parking Total 10
Construction Materials Frame Wood,Wood
Zoning Type Agricultural
Bathrooms Count Main Level 1

Interior Features

Basement None
Fireplace Features Living Room,Wood Stove
Fireplaces Total 1
Total Kitchens 1
Fireplace Yes
Laundry Features In House
Living Area Third 0.00
Living Area Second 142.00
Living Area Other 0.00
Living Area Main 708.00
Living Area Lower 0.00
Kitchens Count Main Level 1
Building Area Unfinished 0.00
Bedrooms Or Dens Total 2
Bedrooms Count Second Level 1
Bedrooms Count Main Level 1
Bathrooms Count Second Level 1
Bath 4 Piece Total 1
Bath 2 Piece Total 1

Exterior Features

Waterfront Yes
Lot Features Acreage,Park Setting,Private,Quiet Area,Rural Setting,Southern Exposure,Walk on Waterfront
Water Source Well: Shallow
Parking Features Additional,Driveway,Open
WaterFront Features Ocean
Foundation Poured Concrete
Building Area Total 850.00
Lot Size Square Feet 4449654.00
Lot Size Acres 102.15
View YN Yes
Driveway YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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
AVG $2.85M
$4.9M
Taxes
AVG $1,674
$378
Visits
AVG 74
63
Data Provided by Inside Real Estate®

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