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7555 Fernmar Rd
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7555 Fernmar Rd

Lantzville, British Columbia V0R2H0

$7,900,000

MLS® 1028998

Vacant Land

Type

19 acres

Lot Size

10

Parking

Description

Developers & Investors Alert! Rare 18.5-acre development opportunity in the heart of Lantzville, one of Vancouver Island’s most desirable coastal communities. This prime parcel is zoned R1 and offers the potential for 35 residential lots of approximately just under half-acres, many of which may capture ocean views. The property is ideally located beside Winchelsea View Golf Course and just minutes from North Nanaimo’s shopping, beaches, restaurants, and 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 and density with the District of Lantzville). A rare opportunity to secure a significant land holding in a sought-after location with strong long-term development potential. All measurements are approximate and should be verified if important. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $3,242.00
Lot Features Acreage, Park setting, Private setting, Other, Golf course/parkland, Marine Oriented
View Ocean view

Listed by

Royal LePage Nanaimo Realty LD

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
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