200 Linley Rd, Nanaimo
DEVELOPER ALERT – 16.8-acre ocean views development site in North Nanaimo's most desirable and rapidly growing neighborhoods. Situated in the prestigious Departure Bay area, this exceptional property offers stunning ocean views, a spectacular natural setting, and outstanding potential for high-density residential development. Much of the DP work has already been completed such as geotechnical, civil engineering, surveying, arborist assessments, riparian studies, traffic analysis, environmental reviews, architectural plans, and more. Set within a beautiful park-like coastal forest environment, the property features mature trees, established walking trails, and picturesque Cottle Creek meandering through the landscape, creating a unique balance between development potential and natural beauty. Bordering both Crown Land and Linley Valley Park, this remarkable property offers future residents direct access to one of Nanaimo's most treasured natural recreation areas while remaining only minutes from Departure Bay Beach, Stephenson Point, schools, shopping, restaurants, marinas, and all North Nanaimo amenities. Easy paved access via Linley Road further enhances the property's development appeal. Whether advancing the previous development concept or creating a new vision, opportunities of this size, location, and readiness are becoming increasingly rare in today's market. The combination of ocean views, desirable zoning, extensive due diligence, natural surroundings, and prime location makes this an outstanding investment and development opportunity. Walk the well-defined trail system at your convenience and experience firsthand the exceptional potential this property has to offer. Buyer to conduct their own due diligence and is responsible for any future Development Permit applications and approvals. All measurements, zoning information, development data, reports, and other information are believed to be reliable but should be independently verified if deemed important. (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Annual Tax
$40,285
Zoning
Residential
Parcel Number
009-435-034
Data Source
Vancouver Island Real Estate Board
Bedrooms
0
Bathrooms
0
Lot Size
16.9 acres
Waterfront
Waterfront on river
View
Ocean view
Lot Features
$4,500,000
Office
Sutton Group-West Coast Realty (Nan)
Loan Amount:
$3,600,000
Estimated Monthly Payment:
$17,543
This is an estimate for informational purposes only. Consult with a financial advisor.
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