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Lot 10 Reid Island | $325,000
Cory McNabb Agent Photo
Cory
McNabb
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
Nanaimo, BC
Canada V9T 2K8

Details

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Address Lot 10 Reid Island
AreaGulf Islands
Sub AreaGulf Isl Other
State/ProvinceBritish Columbia
CountryCanada
Price$325,000
Property TypeLots/Acreage
Bedrooms0
Bathrooms0
Lot Size155509.20 Square Feet
WaterfrontYes
Year Built0
Taxes $901
Tax Year2023
MLS® #954530

Oceanfront acreage in the southern Gulf Islands. Reid Island is situated in Trincomali Channel, between Thetis Island and Valdes Island. This property is on the NE shoreline, taking in views to the north across Valdes Island and to the east through Porlier Pass. The mainland mountains provide a distant backdrop. Nicely treed with mostly conifers, this is a beautiful, natural setting. The 3.5 acre property is wedge-shaped, with approx. 487ft of ocean frontage. The current structure sits in a small clearing on a grassy rock bluff just up from the shoreline. This is an off-grid property, and there are no services, however there is good cell reception. A moorage buoy would be possible out front of the property. Access to and from the oceanfront is reasonably easy. The current owners started a cabin several years ago that never progressed past the shell stage. What currently exists are the beginnings of an appealing structure on a solid foundation. There is an expansive deck across the front of the home and down the western side. The property is zoned through the Islands Trust, which governs most of the Gulf Islands. The residential (R2) zoning permits one dwelling per lot, plus additional outbuildings or accessory buildings. There is a building permit process requirement with the Cowichan Valley Regional District. There were no permits issued for the current building shell, as well as no registration with BC Housing’s warranty program. Both agencies have been contacted and buyers need to be aware that BC Housing will require registration by the new owner with the BC Housing warranty program. A Letter of Acknowledgement from BC Housing will be provided to interested parties. Given the current status, this presents a unique opportunity for someone who wishes to follow through on the completion of this project. The two main access points are Chemainus or Crofton, both of which offer boat launch facilities.


Listed by ROYAL LEPAGE ADVANCE REALTY


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