Address
7555 Fernmar Rd, Lantzville, BC
Price
$ 8,900,000
Property Attributes
  • MLS#1028998
  • TypeLot-Land
  • Listing Status Active
  • CityLantzville
  • AreaNanaimo
  • NeighbourhoodNa Upper Lantzville
  • Postal CodeV0R 2H0
  • StyleLand
  • Taxes$ 3242
  • Price$ 8,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size18.5 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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 Preliminary Layout Approval (PLA) application with the District of Lantzville has been completed, 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.

General Features

Sewer Sewer Available,None
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning R1
View Ocean
Property Subtype Land
Property Type Residential
Parking Total 10
Zoning Type Residential

Exterior Features

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
Water Source To Lot,None
Lot Size Square Feet 805860.00
Lot Size Acres 18.50
View YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Lot-Land Average in V0R 2H0

Price
AVG $1.24M
$8.9M
Taxes
AVG $2,399
$3,242
Visits
AVG 288
279
Data Provided by Inside Real Estate®

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