Welcome to Flying B Acres - Vancouver Island’s hidden treasure! This breathtaking 48.28-acre estate on Quennell Lake, just south of Nanaimo, is a secluded peninsula paradise boasting over 5,000 feet of pristine lake frontage. Affectionately dubbed "Canada’s Hawaii," this rare gem offers unmatched privacy, natural beauty, and endless recreational opportunities while its unique zoning unlocks limitless business potential. Expansive rolling pastures, lush forests, and tranquil waterfront create the idyllic retreat. The beautifully appointed 3,600 sq ft, 3-bed, 3-bath Country home perfectly compliments its natural surroundings, inviting panoramic lake and mountain views into open-concept living spaces via floor-to-ceiling windows. Other features include a 3-zone heat pump, multiple covered decks, and an oversized double garage. A separate 972 sq ft, 2-bed, 2-bath guest house offers comfort and versatility. Designed for equestrian and agribusiness, amenities include a covered riding arena, 5-stall barn, multiple stables, paddocks, workshop, ample storage sheds, and on-site well and power infrastructure. Aviation enthusiasts will appreciate Quennell Lake’s designated floatplane airdrome, ensuring seamless access just 20 mins. from YVR. Whether you envision agritourism, aviation tourism, equestrian services, sustainable farming, or hosting unforgettable events like rustic weddings or corporate retreats, Flying B Acres offers endless possibilities. The gently sloping shoreline invites fishing, kayaking, paddleboarding and swimming, while abundant wildlife, including eagles, herons and ospreys, enhances its natural allure. Just 10 minutes from Nanaimo Airport and Duke Point ferry, it’s close to downtown Nanaimo and Ladysmith, blending seclusion with accessibility. Flying B Acres is not just a property, it’s a legacy of privacy, serenity, and opportunity. Don’t miss this rare chance to own an extraordinary estate embodying the true spirit and lifestyle of Vancouver Island.