ActiveFor Sale

7555 Fernmar Road
Lantzville, British Columbia, V0R2H0

Vacant Land
CREA
MLS® Number: 1028998
$7,900,000List Price
0Bedrooms
0Bathrooms
10Total Parking
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Description

Developers & Investors Alert! Rare 18.5-acre development opportunity in the heart of Lantzville, one of Vancouver Island’s most desirable coastal communities. This prime parcel is zoned R1 and offers the potential for 35 residential lots of approximately just under half-acres, many of which may capture ocean views. The property is ideally located beside Winchelsea View Golf Course and just minutes from North Nanaimo’s shopping, beaches, restaurants, and amenities, making it a highly attractive future residential community. The seller currently has an engineer completing a Preliminary Layout Approval (PLA) application with the District of Lantzville, providing a valuable step forward for future development. Under current R1 zoning, the property may allow for 4 doors, multiple dwellings, (buyer to verify development potential and density with the District of Lantzville). A rare opportunity to secure a significant land holding in a sought-after location with strong long-term development potential. All measurements are approximate and should be verified if important. (id:66360)

Features

AcreagePark settingPrivate settingOtherGolf course/parklandMarine OrientedOcean view

Amenities

No amenities available

Summary

List Price:$7,900,000
MLS® Number:1028998
CREA Listing Key:29475679
Type:Vacant Land
Taxes:$3,242
Total Parking Spaces:10
Community:Upper Lantzville
Listing Brokerage:Royal LePage Nanaimo Realty LD

Rooms

No room information available

Details

Property

Property Type:Vacant Land
Community:Upper Lantzville
Municipality:Lantzville

Inside

Bedrooms:0
Bathrooms:0

Parking

Total Parking Spaces:10

Land

Lot Size:18.5 acres
Zoning:Residential
PIN #:002-689-669

$7,900,000

List price