Exceptional waterfront living with exciting possibilities for the future. Set on 0.91 acres of high-bank waterfront in Parksville, this remarkable property offers approximately 95 feet of ocean frontage, sweeping views of Lasqueti Island and the mainland mountains, and stairs leading down to the beach. The existing home is livable and offers the opportunity to enjoy this special coastal setting while updating and personalizing it over time. The 3-bedroom-plus-den, 2-bathroom home features exposed wood beams, ocean-facing windows and a newer heat pump. An attached garage, wired workshop and two storage sheds provide useful space for hobbies, projects and storage. Garden lovers will appreciate the fully fenced orchard, with apples, pears, grapes, kiwi and figs. Watch eagles soar overhead, spot seals and whales along the shoreline and enjoy ships passing in the distance. RS1 zoning offers potential for two principal dwellings, each with a secondary suite, for up to four dwelling units, subject to applicable City requirements and approvals. This creates an opportunity for buyers to explore the property's future potential while appreciating the existing home and its extraordinary setting. A rare chance to enjoy waterfront living on a generous, established property in one of Parksville's most appealing coastal locations.