Ladysmith character home with future subdivision potential. This 5-bed, 3-bath gem, custom-built in 1957 for a local physician, stands as a testament to timeless charm. Its story unfolds on a spacious 0.43-acre lot, offering ocean views and a prime location just steps from schools, parks, and trails. Stepping inside, you'll immediately notice the original oak hardwood floors that have been lovingly preserved. The elegant coved ceilings and a beautiful brick fireplace add character and warmth to the living space. With over 3,000 sqft of living area, this home provides ample room for your family. Enjoy a spacious driveway with a double carport. Other features include 24x14 workshop, & a 22x7 garden shed. Outside, the property offers a variety of fruit trees. Mature hedging provides privacy, creating the perfect backdrop for family gatherings. Stay cozy year-round with gas heating, and explore the endless potential of the 85x220 lot. With the new rules governing residential density there is a multitude of development options to consider. Don't miss this superb opportunity to own a Ladysmith legacy home, complete with ocean views and rich history. Many other recent updates.