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 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 & 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.
Property Details
MLS #:
1028998
ID #:
30813626
Type:
Residential
Sub-Type:
Land
Area:
Nanaimo
Sub-Area:
Na Upper Lantzville
Status:
Active
Lot Size:
18.50 acres
Property Tax:
$3,242 (2024)
Days on Market:
101 days
Listing provided by Royal LePage Nanaimo Realty LD
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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