Rare acreage within the City of Nanaimo (not ALR), blending rural charm with urban convenience. This unique 7.46-acre property features level, highly usable land with thriving lavender fields offering immediate income potential, a heritage orchard, and a well maintained historic farmhouse with Mount Benson views. The 3-bed + den home includes a ready-to-use separate living space, no renovations needed. Flexible AR2 zoning allows for two houses each with a suite on the existing lot. Development potential includes a 2.5-acre subdivision, where the new lot could accommodate two strata-titled homes. The flat, sunny property is serviced by city water + well, with two separate hydro services in place. This active lavender farm qualifies for farm tax benefits. Additional features include a productive garden and greenhouse. AR2 zoning also permits diverse business opportunities including B&B, boarding, daycare, and animal services. Ideally located for multi-generational living, farm business operations, or strategic investment in one of Nanaimo's most desirable locations.