About 7555 Fernmar Rd
Developers/Investors Alert! Rare 18.5-acre dev opportunity in the heart of Lantzville,one of Vancouver Island’s most desirable coastal communities. This prime parcel is zoned R1 & offers the potential for 35 residential lots,approx just under 1/2 acre,many of which capture ocean views.The prop is ideally located beside Winchelsea View Golf Course & just mins from North Nanaimo’s shopping,beaches,restaurants & 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 & density with the Dist of Lantzville)A rare opportunity to secure a significant land holding in a sought-after location with strong long-term development potential.All msmts are approx & should be verified if imp.
Basic Information
| Price | $8,900,000 |
|---|---|
| MLS® # | 1028998 |
| Sub-Type | Land |
| Baths | 0.00 |
| Lot Size | 18.50 Acres |
Location Information
| Address | 7555 Fernmar Rd |
|---|---|
| Postal Code | V0R 2H0 |
| Area | Nanaimo |
| Sub Area | Upper Lantzville |
| Jurisdiction | District of Lantzville (SD68) |
| PID Number | 002-689-669 |
| View | Ocean |
| Waterfront? | No |
Features & Amenities
| Water | To Lot, None |
|---|---|
| Sewer | Sewer Available, None |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Acreage, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, No Through Road, On Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Rural Setting |
Listing Details
| Office | Royal LePage Nanaimo Realty LD |
|---|