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4080 Island Hwy, Qualicum Beach | $1,175,000

3-LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY just five minutes from Qualicum Beach. This 2.32-acre property is zoned RS2 and has Preliminary Layout Approval for three freehold lots of approximately 0.49 acres, 0.74 acres, and 0.86 acres. The level, usable site offers a layout with cleared land and mature trees, creating a setting for future construction. Community water is connected to the existing parcel and will require extension to service the additional lots. Development requirements also include new septic systems and a short extension of Barton Road. An existing two-storey residence provides potential holding income, on-site accommodation, or renovation value while the subdivision is completed. Set back from the highway, with only one proposed lot adjoining it, the property offers a manageable opportunity for a builder, investor, or small developer to complete the project in phases. A located development site with strong potential in a desirable rural-residential market. For more information contact the listing agent, Kirk Walper at 250-228-4275.

Description

3-LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY just five minutes from Qualicum Beach. This 2.32-acre property is zoned RS2 and has Preliminary Layout Approval for three freehold lots of approximately 0.49 acres, 0.74 acres, and 0.86 acres. The level, usable site offers a layout with cleared land and mature trees, creating a setting for future construction. Community water is connected to the existing parcel and will require extension to service the additional lots. Development requirements also include new septic systems and a short extension of Barton Road. An existing two-storey residence provides potential holding income, on-site accommodation, or renovation value while the subdivision is completed. Set back from the highway, with only one proposed lot adjoining it, the property offers a manageable opportunity for a builder, investor, or small developer to complete the project in phases. A located development site with strong potential in a desirable rural-residential market. For more information contact the listing agent, Kirk Walper at 250-228-4275.

General Info


MLS Listing ID: 1044325 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: Baseboard heaters Lotsize: 2.32 ac Air Conditioning : None

Amenities/Features


  • Acreage
  • Private setting
  • Other

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .