7555 Fernmar Rd, Lantzville, BC

$8,900,000

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18.50

Acres

About 7555 Fernmar Rd

Attention developers and investors: this rare 18.5-acre parcel in the heart of Lantzville offers a golden opportunity to create a residential community in one of Vancouver Island’s most desirable coastal regions. Zoned Residential R1, the property supports the development of 35 approx half-acre lots with oceanviews, ideal for a spacious, thoughtfully designed neighborhood. There's also potential for rezoning to R3, which could allow for increased density—unlocking even greater development potential (buyer to verify with the District of Lantzville).

Basic Information

Price $8,900,000
MLS® # 979873
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
Sewer Sewer Available

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

OfficeStonehaus Realty Corp.

Listing Map