Acreage
$8,950,000
For additional information, please click on Brochure button below. 39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 156 Fourplexes. Under current new Zoning/ Approvals. List price is only $ 56 k / per door, land cost !!! DP approved. Phase 1 is 35 lots for the first 140 homes, or 70 Duplexes, or 35 Single fam w/ suites. 39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 156 Fourplexes. Under current new Zoning/ Approvals. List price is only $ 57 k / per door, land cost !!! DP approved. Phase 1 is 35 lots for the first 140 homes, or 70 Duplexes, or 35 Single fam w/ suites. 39 x lots @ $479k) = $ 18.7 M * Buy at half price * OR, rezone as CD multi-fam strata for 450 apt units on this prime 18.7 AC ''ready to go'' property. Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already constructed. * Devp is ripe for 2025 Summer home construction at this great location. Courtenay housing demand, has a significant pent up housing shortage, and very large demand for both affordable homes and also rental units too. (Possible seller or builder financing) 18.7 ACRES (in city limits) DEVELOPMENT PERMIT ** DP APPROVED** (id:60626)
Property Details
MLS® Number
|
956346 |
Property Type
|
Vacant Land |
Neigbourhood
|
Courtenay City |
Features
|
Acreage, Level Lot, Private Setting |
Parking Space Total
|
10 |
Plan
|
7752 |
View Type
|
Mountain View |
Building
Parking
Land
Access Type
|
Road Access |
Acreage
|
Yes |
Size Irregular
|
18.7 |
Size Total
|
18.7 Ac |
Size Total Text
|
18.7 Ac |
Zoning Description
|
R-ssmuh |
Zoning Type
|
Residential |