3-LOT SUBDIVISION OPPORTUNITY in a prime rural setting just 5 minutes to Qualicum Beach. This 2.32-acre property is zoned RS2 and offers Preliminary Layout Approval for a freehold subdivision into three lots (approx. 0.49 acres, 0.74 acres, and 0.86 acres). The land is flat, usable, and includes some trees, creating an attractive setting for future builds. Community water is connected to the main parcel, with extension required for the additional lots, along with new septic systems and a short Barton Road extension. The existing 2-storey home is livable or rentable, with solid bones and renovation potential - ideal for an owner-builder or small developer to occupy while completing the project. Set back from the highway, with only one future lot bordering it, this is a manageable, phased development opportunity with strong upside in a desirable acreage location. For more information contact the listing agent, Kirk Walper at 250-228-4275.
Address
4080 Island Hwy
List Price
$1,175,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Parksville/Qualicum
Sub-Area
PQ Qualicum North
Bedrooms
4
Bathrooms
2
Floor Area
1,751 Sq. Ft.
Lot Size
101059 Sq. Ft.
Lot Size (Acres)
2.33 Ac.
Year Built
1981
MLS® Number
1044315
Listing Brokerage
Royal LePage Island Living (PK)
Basement Area
None
Postal Code
V9K 2B1
Tax Amount
$3,750.33
Tax Year
2025
Features
Baseboard, Laminate, Linoleum, Mixed
Amenities
Acreage