3850 Yellow Point Rd, Nanaimo, BC

$6,890,000

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2

Beds

2

Baths

718

Square feet

102.15

Acres

About 3850 Yellow Point Rd

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.

Basic Information

Price $6,890,000
MLS® # 1025268
Sub-Type Single Family Detached
Beds 2
Baths 2.00
Kitchens 1
Building SqFt 718
Lot Size 102.15 Acres

Location Information

Address 3850 Yellow Point Rd
Postal Code V9G 1E9
Area Nanaimo
Sub Area Cedar
Jurisdiction Nanaimo Rural (768)
PID Number 026-066-815
View Ocean
Waterfront? Ocean

Features & Amenities

Water Well: Drilled
Sewer Septic System
Heating Baseboard, Wood
Cooling None
Foundation Details Poured Concrete
Property Condition Resale
Laundry In House
Parking Additional, Driveway, Open

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? Yes
Lot Features Acreage, Park Setting, Private, Quiet Area, Rural Setting, Southern Exposure, Walk on Waterfront

Listing Details

OfficeRoyal LePage Nanaimo Realty LD

Listing Map