Oceanfront Development Site by Neck Point Park! Perched atop a bluff in the highly sought-after Hammond Bay neighbourhood, 4800 McGuffie Road offers an extraordinary opportunity to own a 2.046-acre oceanfront parcel with sweeping views into and along the rocky shoreline of Keel Cove. Backing directly onto Neck Point Park, the property provides immediate access to scenic trails and nature, creating a rare combination of privacy, lifestyle, and development potential. A favorite spot for local divers, the area also experiences an amazing herring spawn in early spring. Zoned R10 (Steep Slope Residential), the property is ideal for single-family homes or a carefully clustered townhouse development of up to 13 units. Its hillside topography naturally lends itself to a thoughtfully planned, design-forward community that maximizes ocean vistas while minimizing site disturbance - an increasingly valuable approach in today’s market. For developers, this is a compelling opportunity to deliver a boutique ocean-view project with strong end-user appeal, where design, setting, and exclusivity converge. For those seeking a legacy holding or personal estate, the scale and setting provide a blank canvas to create a truly one-of-a-kind coastal retreat. The surrounding Hammond Bay area is a quiet, established neighbourhood featuring a mix of single-family and low-density residential homes. Nearby Hammond Bay Elementary School is convenient for families, while full shopping, secondary schools, and amenities are a short drive away. With panoramic water views, direct park access, and exceptional flexibility in use and design, 4800 McGuffie Road represents a rare chance to shape a signature oceanfront address in one of Nanaimo’s most desirable locations. Due diligence is required to determine density.