ATTENTION DEVELOPERS & INVESTORS! Beautiful 14.4 acre parcel facing North East over Nanoose Bay and bordering the Island Highway (below) & Lorenzen Lane (above). The upper segment of this acreage offers delightful ocean views, making it the perfect place for a new subdivision. The property is zoned RS-1 and may be divided into 4-5 separate 2.5 acre parcels (buyer to verify with District of Lantzville). The property is home to 28 fruit & nut trees, as well as usable timber & an impressive 15-16 natural springs that provide an abundance of fresh water. A water license on the brook ensures a daily supply of 500 gals of water, complemented by an old well on the property. Additionally, two small ponds can be found on the lower part of the land, along with a small home (asbestos abatement done and intended for teardown). Bring your creative ideas to this exceptional piece of property in the highly sought after Town of Lantzville. Located across the street (Lorenzen side) from Lantzville Loop Hiking Trails, & just a short drive to all amenities.