961 ISLAND HIGHWAY

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$2,600,000
961 ISLAND HIGHWAY
Parksville, British Columbia V9P2E2
MLS® Number: 1028919
1978Year Built
OtherType

About This Property

A truly rare opportunity to acquire this unique 2.19 acre property in one of Parksville's most desirable locations. Ideally situated on the edge of world-renowned Rathtrevor Provincial Park, this exceptional property offers direct proximity to the park's sandy beaches, natural beauty and year round tourism. Zoned CD-18 Resort Commercial, this levelled property provides outstanding development flexibility, including the potential to establish an RV park or campground, along with other resort-oriented uses permitted in the zoning. With that zoning in place, the groundwork for future development is well under way, making this a strategic investment opportunity in a highly sought-after coastal destination. The property also features a charming log cabin building operating as a small corner store with a 4-5 bedroom suite above, offering potential for on-site management , rental income or future redevelopment as part of the overall vision. Building area is approximate. Opportunities to acquire resort-zoned land adjacent to Rathtrevor Park are extremely limited. Whether you are an investor, developer or visionary looking to create a destination property, this offering presents exceptional potential in one of Vancouver Island's most iconic recreational locations. BY APPOINTMENT ONLY. DO NOT GO INTO THE STORE AND ASK QUESTIONS. (id:64973)

Rose's Thoughts
Rose Marie Manno

At $2,600,000, the price per acre for this 2.19-acre property in Parksville is $1,188,131, which is competitive compared to similar resort-zoned land in the area. Given the property's prime location adjacent to Rathtrevor Provincial Park and its flexible CD-18 zoning, this unique offering is well-suited for developers seeking to establish a destination resort or campground operation in one of Vancouver Island's most popular tourist hubs.

Property Details

Lot Size2.19 (2 acres)
Year Built1978
Property TypeOther
Annual Taxes$12,449
CityParksville
Postal CodeV9P2E2
MLS® #1028919

Location

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