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Lot 1 Lofthouse Rd
Na Cedar Nanaimo V9X 1N7

$7,500,000
Commercial Sale

Main Photo: Lot 1 Lofthouse Rd in Nanaimo: Na Cedar Other for sale : MLS®# 919160
Photo 1: Lot 1 Lofthouse Rd in Nanaimo: Na Cedar Other for sale : MLS®# 919160
Photo 2: Lot 1 Lofthouse Rd in Nanaimo: Na Cedar Other for sale : MLS®# 919160
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Photo 45: Lot 1 Lofthouse Rd in Nanaimo: Na Cedar Other for sale : MLS®# 919160
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
919160
ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/this 120+ acre property that includes 120+ acres of gently sloping agricultural land which has never been farmed and has potential to be granted organic status (buyer to do their own inquiries), 4 separate titled stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the approx. 95 acres of CP & a separately titled 23 acre oceanfront parcel w/ 754 feet of waterfront! Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4 established homes that each have 180 degrees of ocean, mountain 6 Gulf Island views. This property allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this property. Purchase can be with or without the 23 acre oceanfront section. All this and the ability to have low farm status tax rates. Can be purchased as share sale. Msmts approx., pls verify if important.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building, Land
Lease Type:
Sale Of Shares
Listing General Location:
Na Cedar, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
123.001 acre(s)
Construction:
Frame Wood
Electricity:
Yes
Number of Storeys:
0
Water supply:
Well: Drilled
Sewer:
Septic System
Fireplace:
No
Ocean
Ocean Front
Main Level
Jurisdiction name:
Nanaimo Rural (768)
Zoning:
AG1D
Occupancy:
Tenant
Utilities:
Cable Available, Electricity Connected, Phone Available
Lot Site Features:
Acreage, Cleared, Pasture, Quiet Area, Rectangular Lot, Rural Setting
Parking Features:
On Site
Road Surface Type:
Paved
Business Type:
Other
Date Listed:
Oct 28, 2022
Original Price:
7500000.0
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Listed by Myles McCullough and Jason Simard of eXp Realty
Data was last updated December 7, 2022 at 04:05 PM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$1,249,900
Min list price:
$69,900
Max list price:
$18,900,000
Avg days on market:
110
Min days on market:
2
Max days on market:
356
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
Blaine Thurlow
Michelle Thurlow
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.