Discover this rare opportunity to own an ocean view building lot in the highly sought-after North Nanaimo neighbourhood of Hammond Bay. With recent upcoming zoning changes, there is now potential to build up to 4 dwellings on this lot—buyer to confirm with the city. This opens up the possibility of creating a multi-generational living space or generating income by renting out the additional units as a lucrative investment property. Situated between Neck Point Park and Linley Valley, this location offers easy access to some of the most beautiful beaches in the area. Whether you enjoy hiking, beach-combing, or simply relaxing by the ocean, you’ll find it all just minutes from your doorstep. Additionally, modern amenities such as shopping centers, schools, and the ferry terminal are conveniently close, ensuring you won’t have to sacrifice convenience for natural beauty. Each lot is 7000 sqft and is partially cleared, providing a perfect canvas to build your dream home, while still retaining mature trees that offer privacy and create a commanding entrance to the property. The lot backs onto parkland and green space, offering serene surroundings and natural beauty that make it an ideal spot for a custom retreat. Imagine designing a backyard oasis where you can unwind and enjoy the tranquility of nature right in your own home. The property is fully serviced with city water, hydro, gas, and sewer connections already in place, making it ready for development. All measurements are approximate and should be verified if important. The dimensions and sizes mentioned are based on architectural measurements. E&OE.* Option for build to suit/custom home if Buyer would like to work with the Seller's builder to bring your dream home to life. *Price is plus GST. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Features
Southern exposure, Other, Rectangular
Listing Contract Date
2024-05-22
Municipal ID
000-181-463
Ownership Type
Freehold
# of Parking Spaces
4
Plan
VIP25430
Property Type
Vacant Land
Transaction Type
For sale
Views
Ocean view
Zoning Description
R-1
Zoning
Residential
Building
Land
Total Size
7000 square feet
Access Type
Road access
Size of Irregular Land
7000
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