2980 Lofthouse Rd,Cassidy, BC V9X1N6
Cassidy, BC V9X1N6
Description
Introducing an exceptional and rare opportunity to acquire a one of a kind 120 acre oceanfront estate, strata titled and seamlessly connected to the sought after Cedar by the Sea area in South Nanaimo, with the seller open to accommodating a vendor takeback financing option. This remarkable property offers strong existing revenue and outstanding development potential, with zoning that supports agriculture, equestrian facilities, livestock operations, or vineyard development. Its scale and versatility make it ideal for multigenerational living, a private retreat, or a long term investment. Farm status may also be reinstated for significant property tax reductions. The estate features five ocean view homes generating rental income: three single family residences and one duplex on individual 1.2 acre titles, one including farm infrastructure. Current regulations may allow each lot to add suites and carriage homes, potentially enabling up to twelve income streams. At the heart of the offering is a spectacular 23 acre oceanfront parcel boasting 754 feet of easily accessible shoreline. This pristine coastline, home to whales, eagles, owls, and otters; offers a private driftwood beach and sweeping 180° views across the Gulf Islands to Vancouver. With municipal water and hydro at the lot line and previous farm status eligibility, it's an ideal site for a dream residence or luxury estate. Offered as a complete corporate share sale including all 5 titles and land (with potential for individual sale), the purchaser will also assume control of the strata corporation governing approximately 95 acres of cleared farmland suited for livestock and equestrian use. Roughly half the acreage consists of fertile soil with ample water, ideal for crops or lease revenue, with identified sites for barns and facilities. Gently rolling and private, the land lies just ten minutes from Nanaimo's full range of amenities. Don't miss this rare offering of Vancouver Island's untouched coastline. (id:13843)
Details
| MLS # | 1041982 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 111 |
| Listing Provided By | Engel & Volkers Vancouver Island North | Erik Clevering |
Features
| SQ Feet | 9,735 |
|---|---|
| Units | 5 |
| Zoning | Unknown |
| Acreage | 120.00 |
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 16446 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Cassidy |
| Postal Code | V9X1N6 |
| Listing VS Median (in V9X1N6) | |
Price: $13,250,000 low | high Med: $13,250,000 sqft: 9,735 low | high Med: 9,735 $ / sqft: $1,361 low | high Med: $1,361 On site: 111 low | high Med: 111 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Cassidy |
| Postal Code | V9X1N6 |
| Listing VS Median (in V9X1N6) | |
Price: $13,250,000 low | high Med: $13,250,000 sqft: 9,735 low | high Med: 9,735 $ / sqft: $1,361 low | high Med: $1,361 On site: 111 low | high Med: 111 | |
 | $13,250,0002980 Lofthouse RdNanaimo, BC V9X1N6 |