Address

Thompson Ave, Nanaimo, BC

Price

$988,000

Property Description

RARE 57-ACRE LAKESIDE ESTATE – INCREDIBLE VALUE! A unique opportunity to own 57 acres in South Nanaimo, just 7 minutes from Departure Bay Ferry Terminal. Featuring approximately 15 cleared non-ALR acres and 42 forested ALR acres with horse trails, abundant wildlife and private trout lake frontage. Ready for your vision with electricity at the property line, a completed septic study, and building sites for two homes. Farm buildings, workshops and storage structures provide additional flexibility for a wide range of uses. Property offers exceptional privacy while remaining just minutes from Nanaimo's urban amenities. Subdivision process has already been initiated, creating future potential. Seller has obtained a recent appraisal well above the asking price and is motivated as they are leaving the country. Bring your offers on this exceptional Vancouver Island acreage!