7555 Fernmar Rd
Lantzville, British Columbia
MLS® 1028998
$8,900,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 1028998
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- —
1 / 16Listing 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.
Property summary
- MLS® number
- 1028998
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 18.5 acres
- Annual property taxes
- $3,242.00
- Parking
- 10 spaces
- Days on market
- 188 days
Features & details
- Lot features
- Acreage, Park setting, Private setting, Other, Golf course/parkland, Marine Oriented
- View
- Ocean view
What would this home cost you?
Based on the $8,900,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Nanaimo Realty LD, Ladysmith.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.