$4,500,000

DEVELOPER ALERT – 16.8-acre ocean views development site in North Nanaimo's most desirable and rapidly growing neighborhoods. Situated in the prestigious Departure Bay area, this exceptional property offers stunning ocean views, a spectacular natural setting, and outstanding potential for high-density residential development. Much of the DP work has already been completed such as geotechnical, civil engineering, surveying, arborist assessments, riparian studies, traffic analysis, environmental reviews, architectural plans, and more. Set within a beautiful park-like coastal forest environment, the property features mature trees, established walking trails, and picturesque Cottle Creek meandering through the landscape, creating a unique balance between development potential and natural beauty. Bordering both Crown Land and Linley Valley Park, this remarkable property offers future residents direct access to one of Nanaimo's most treasured natural recreation areas while remaining only minutes from Departure Bay Beach, Stephenson Point, schools, shopping, restaurants, marinas, and all North Nanaimo amenities. Easy paved access via Linley Road further enhances the property's development appeal. Whether advancing the previous development concept or creating a new vision, opportunities of this size, location, and readiness are becoming increasingly rare in today's market. The combination of ocean views, desirable zoning, extensive due diligence, natural surroundings, and prime location makes this an outstanding investment and development opportunity. Walk the well-defined trail system at your convenience and experience firsthand the exceptional potential this property has to offer. Buyer to conduct their own due diligence and is responsible for any future Development Permit applications and approvals. All measurements, zoning information, development data, reports, and other information are believed to be reliable but should be independently verified if deemed important. (id:64343)

Property Details

MLS® Number	1007806
Property Type	Vacant Land
Neigbourhood	Hammond Bay
Features	Acreage, Central Location, Park Setting, Private Setting, Southern Exposure, Wooded Area, Sloping, See Remarks, Other, Rectangular, Marine Oriented
View Type	Ocean View
Water Front Type	Waterfront On River

Building

Land

Acreage	Yes
Size Irregular	16.9
Size Total	16.9 Ac
Size Total Text	16.9 Ac
Zoning Description	R6
Zoning Type	Residential

https://www.realtor.ca/real-estate/28621093/200-linley-rd-nanaimo-hammond-bay