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 |
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MLS® # | 979873 |
Sub-Type | Land |
Baths | 0.00 |
Lot Size | 18.50 Acres |
Location Information
Address | 7555 Fernmar Rd |
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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 |
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Sewer | Sewer Available |
Additional Information
Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
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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 | Stonehaus Realty Corp. |
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