Lot 1 Lofthouse Rd, Nanaimo, BC V9X 1N7

$7,500,000

Courtesy of eXp Realty

List Price
$7,500,000
Status
ACTIVE
MLS®
919160
Property Type
Commercial
Acres
123
Lot Size
5,357,880
District
Nanaimo
Neighbourhood
Na Cedar

Property Description

ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/this 120+ acre property that includes 120+ acres of gently sloping agricultural land which has never been farmed and has potential to be granted organic status (buyer to do their own inquiries), 4 separate titled stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the approx. 95 acres of CP & a separately titled 23 acre oceanfront parcel w/ 754 feet of waterfront! Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4 established homes that each have 180 degrees of ocean, mountain 6 Gulf Island views. This property allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this property. Purchase can be with or without the 23 acre oceanfront section. All this and the ability to have low farm status tax rates. Can be purchased as share sale. Msmts approx., pls verify if important.

Additional Information

Lot Features
Acreage, Cleared, Pasture, Quiet Area, Rectangular Lot, Rural Setting
Parking Type
On Site
Taxes
$58
Days on Market
19

Mortgage Calculator

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Calculator source: Real Geeks

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