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Listed by Erik Clevering Engel & Volkers Vancouver Island North
$13,500,000
Est. payment /mo
9,735 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,735 sqft
Price per Sqft $1,386
MLS Listing ID 1023674
HOA Y/N No
Annual Tax Amount $16,446
Tax Year 2025
Lot Size 120.000 Acres
Acres 120.0
Property Sub-Type Multi Family
Property Description
Exceptional 120 acre oceanfront estate, seamlessly connected to Cedar by the Sea in South Nanaimo. Strata titled with strong existing revenue & impressive development potential, zoning supports agriculture, equestrian, livestock, or vineyard ventures. Ideal for multigenerational living, a private retreat, or visionary investment, with potential to reinstate farm status for major tax savings. Includes 5 ocean view homes: 3 single family and 1 duplex on 1.2 acre titles, one with farm infrastructure. Each lot may add suites & carriage homes, offering up to 12 income streams. The crown jewel is a 23 acre oceanfront parcel with 754 ft of accessible shoreline, private driftwood beach, & sweeping Gulf Island views. Offered as a complete corporate sale with 5 titles & 95 acres of cleared common area suited for livestock or crops, just 10 minutes from Nanaimo's full range of amenities. Don't miss this rare chance to own a stunning, irreplaceable piece of Vancouver Island's untouched coastline.
Location
Province BC
County Nanaimo Regional District
Community Na Cedar
Area Nanaimo
Zoning AG1
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership Freehold/Strata
Virtual Tour https://www.youtube.com/watch?v=ScWV3fmBcZ8&feature=youtu.be
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