3850 Yellow Point Rd, Nanaimo, BC V9G 1E9

$4,900,000
2
BD
2
BA
718
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Royal LePage Nanaimo Realty LD

List Price
$4,900,000
Status
ACTIVE
MLS®
1046989
Property Type
Single Family Residential
Style
2 Storey-Main Lev Ent
Bedrooms
2
Total baths
2
Living Area
718
Acres
102.15
Lot Size
4,449,654
District
Nanaimo
Neighbourhood
Na Cedar

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.

Additional Information

Layout
Main Level Entry with Upper Level(s)
Lot Features
Acreage, Park Setting, Private, Quiet Area, Rural Setting, Southern Exposure, Walk on Waterfront
Heating
Baseboard, Wood
Roof
Metal
Parking Spaces
10
Parking Type
Additional Parking, Driveway, Open
Kitchens
1
Laundry Feature
In House
Fireplace Description
Living Room, Wood Burning Stove
Taxes
$378
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.