ONE OF A KIND OPPORTUNITY to own a rare piece of Vancouver Island real estate with this 120+ acre property just down from Cedar by the Sea 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 and uniquely titled stratified ocean view homes each with approx. 1.2 acres of land which all have access to use the approx. 95 acres of common property and a separately titled 23 acre oceanfront parcel with 754 feet of waterfront! Build your dream ocean view home, set up both agricultural and farm space and consider the investment opportunity with 4 established west coast style homes that each have 180 degrees of ocean, mountain and Gulf Island views. This property allows for multiple uses with the AGD1 zoning - a home based business, secondary suite, temporary sawmill and agri-tourism accommodation just to name a few. 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 a share sale. Msmts approx., pls verify if important.
Address
Lot 1 Lofthouse Rd
List Price
$7,500,000
Property Type
Residential
Type of Dwelling
Single Family Detached
Area
Nanaimo
Sub-Area
Na Cedar
Bedrooms
13
Bathrooms
10
Floor Area
8,126 Sq. Ft.
Lot Size
5357880 Sq. Ft.
MLS® Number
915684
Listing Brokerage
eXp Realty
Basement Area
Crawl Space
Postal Code
V9X 1N7
Tax Amount
$59
Tax Year
2022
Features
Baseboard, Electric, F/S/W/D, Mixed
Amenities
Acreage, Pasture, Quiet Area, Rural Setting, Walk on Waterfront
