The Specialized Assets Group of Sotheby's International Realty Canada is pleased to present the Boat Harbour Development Lands. Situated in the coastal community of Yellow Point just south of Nanaimo, this 15-acre plus property offers an incredible 3,300 feet of waterfront on Stuart Channel overlooking the Gulf Islands.
Located adjacent to the quaint Boat Harbour Marina, this property has the immediate potential to be subdivided into 6 waterfront lots, one of which would retain the property’s existing log home and Boatworks building. This breathtaking waterfront property offers excellent accessibility and development potential along with the potential for long-term moorage.
Consisting of 4 legal titles, this estate size property is characterized by commanding views, mature vegetation and extensive waterfront. With several picturesque bays and a variable but highly useable topography, this property offers multiple building sites and considerable privacy. The Boat Harbour property is a prime development site in an area where limited development opportunities exist. Alternatively a purchaser could keep the property in its current configuration and enjoy the 1,000 metres of waterfront and 15+ acres.
The northern point of the property includes a large log home that overlooks both the marina to the west and Stuart Channel to the east. This home will be situated on the northern lot in the event of subdivision, but would also continue to serve as a great main residence (or guest residence) for the property.