3850 Yellow Point Rd Nanaimo, British Columbia V9G 1E9

$6,890,000

Set within 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, 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. 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 and in the ALR, the property boasts varied topography and significant potential for a range of agricultural or lifestyle uses. An existing two-bedroom cabin 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 the Nanaimo airport and BC ferries at Duke Point and an easy drive to Victoria (id:46156)

Property Details

MLS® Number	1025268
Property Type	Single Family
Neigbourhood	Cedar
Features	Acreage, Park Setting, Private Setting, Southern Exposure, Other
Parking Space Total	10
View Type	Ocean View
Water Front Type	Waterfront On Ocean

Building

Bathroom Total	2
Bedrooms Total	2
Architectural Style	Cottage, Cabin
Cooling Type	None
Fireplace Present	Yes
Fireplace Total	1
Heating Fuel	Wood
Heating Type	Baseboard Heaters
Size Interior	718 Ft2
Total Finished Area	718 Sqft
Type	House

Land

Acreage	Yes
Size Irregular	102.15
Size Total	102.15 Ac
Size Total Text	102.15 Ac
Zoning Description	A2
Zoning Type	Agricultural

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bathroom			2-Piece
Second Level	Bedroom			15'3 x 9'3
Main Level	Bathroom			4-Piece
Main Level	Laundry Room			8'1 x 8'6
Main Level	Bedroom			12'1 x 9'5
Main Level	Kitchen			8'6 x 9'6
Main Level	Great Room			22'6 x 14'3

https://www.realtor.ca/real-estate/29334461/3850-yellow-point-rd-nanaimo-cedar