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SHOVEL READY ...PLR ISSUED ...DP... approved....
156 Fourplexes...39 x SSMUH triplex/ fourplex FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 121 TRIPLEXES, Under current new Zoning/ Approvals, PLR issued.
List price is only $ 50 k / per door, land cost !!!
DP approved. Phase 1 is 35 lots for the first 140 homes, or 121 Triplexes, or 70 Duplexes w suites, or just do 35 Single fam w/ suites.
39 x lots @ $429k/ lot) = $ 16.7 M
OR, rezone as CD multi-fam strata for low rise, 4 level, 355 apt block units on this prime 18.7 AC "ready to go" property.
Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already approved & constructed.
18.7 ACRES (in city limits)
DEVELOPMENT PERMIT ** DP APPROVED**
PLR is issued.
Vendor financing available, additional fees may apply"
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Listed by Easy List Realty
Data was last updated October 22, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
139
Avg list price:
$649,900
Min list price:
$38,500
Max list price:
$7,950,000
Avg days on market:
54
Min days on market:
2
Max days on market:
586
Avg price per sq.ft.:
$413.45
These statistics are generated based on the current listing's property type
and located in
CV Courtenay City. Average values are
derived using median calculations. This data is not produced by the MLS® system.