Lot 1 Lee Rd | $10,500,000
Sean Mclintock Agent Photo
Sean
Mclintock
P. (250) 751-1223
Phone Sean
RE/MAX OF NANAIMO - MAC REAL ESTATE GROUP
1 - 5140 Metral Drive
BC
Canada

Details

%
Years (35 year max)
Years



Address Lot 1 Lee Rd
AreaParksville/Qualicum
Sub AreaFrench Creek
State/ProvinceBritish Columbia
CountryCanada
Price$10,500,000
Property TypeLand Only
Lot Size801939.60 Square Feet
WaterfrontNo
Tax Year2020
Colisting BrokerageRE/MAX FIRST REALTY (PK)
MLS® #886470

Morningstar Ridge, a turn key development opportunity located in the marine community of French Creek. This parcel has an approved development permit w/ a preliminary layout approval from MOTI for the first 2 phases. The 18 acre development incl 36 single detached houses ranging from 1600 - 3000 + sq.ft & 12 full size duplexes that can be built to approx 4700 sq.ft or 2350 sq.ft per side. The gently sloping property has been cleared, de-stumped, seeded & has a subsurface that consists predominately of well draining soil. 20 building lots back onto a park adjacent to French Creek or stream side protection enhancement area next to Morningstar Creek. Layout allows for evenly spaced homes w/ landscaping, common gazebo & walking path connecting to community park. The project can be built fast or slow as desired w/ 11 phases & a 2 yr window to commence construction per dev permit. (All info & data should be verified if fundamental to the purchase.)

Location

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Data Source: Statistics Canada
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