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4732 Laguna Way Nanaimo, British Columbia V9T 5C3

$920,000

Discover this rare opportunity to own 2 ocean view building lots in the highly sought-after North Nanaimo neighbourhood of Hammond Bay. Possibility to build 8 dwellings as per new upcoming zoning change to R5, buyer to confirm with city or build 2 luxury detached homes. Neighbouring homes are currently listed for $2 million. This opens up the possibility of creating a multi-generational living space or generating income by renting out the additional units as a lucrative investment property. Situated between Neck Point Park and Linley Valley, this location offers easy access to some of the most beautiful beaches in the area. Whether you enjoy hiking, beach-combing, or simply relaxing by the ocean, you’ll find it all just minutes from your doorstep. Additionally, modern amenities such as shopping centers, schools, and the ferry terminal are conveniently close, ensuring you won’t have to sacrifice convenience for natural beauty. Each lot is 7000 sqft and is partially cleared, providing a perfect canvas to build your dream home, while still retaining mature trees that offer privacy and create a commanding entrance to the property. The lot backs onto parkland and green space, offering serene surroundings and natural beauty that make it an ideal spot for a custom retreat. Imagine designing a backyard oasis where you can unwind and enjoy the tranquility of nature right in your own home. The property is fully serviced with city water, hydro, gas, and sewer connections already in place, making it ready for development. All measurements are approximate and should be verified if important. The dimensions and sizes mentioned are based on architectural measurements. E&OE.* *Price is plus GST. (id:16027)

Property Details

MLS® Number 964645
Property Type Multi-family
Neigbourhood North Nanaimo
Plan Vip25430

Building

Type Multi-family

Land

Access Type Road Access
Acreage No
Size Irregular 14000
Size Total 14000 Sqft
Size Total Text 14000 Sqft
Zoning Type Unknown

https://www.realtor.ca/real-estate/26927478/4732-laguna-way-nanaimo-north-nanaimo

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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
Email me using the form to the right

If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144