Flying B Acres is a 48-acre Quennell Lake estate just south of Nanaimo, offering 5,000+ feet of pristine waterfront, fertile farmland, versatile agricultural zoning, and extraordinary commercial potential. The property is improved with a 3,600 sq ft, 3-bedroom, 3-bathroom country home and a separate 972 sq ft, 2-bedroom, 2-bathroom guest house. Turnkey agribusiness infrastructure includes a covered riding arena, barn, stables, paddocks, storage sheds, and onsite power. Easily accessed via Quennell Lake’s floatplane airdrome (20 minutes from YVR) or a 10-minute drive from Nanaimo Airport and ferry terminals, the property offers seamless connectivity. The agricultural zoning provides a wide range of development opportunities within the farm context, including farm retail sales and processing, value-added ventures such as winery, cidery, or artisanal food and beverage production; equestrian enterprises from boarding and training to riding lessons and therapeutic programs; animal-based ventures like beekeeping, alpaca, or sheep farming for fiber and textiles; agritourism and hospitality with farm stays, tours, and lodging; hosting event gatherings like weddings, corporate retreats, or music festivals; aviation and waterfront experiences like floatplane fly-ins, seaplane tours, and eco-adventures; sustainability initiatives such as solar, wind, or conservation projects; cannabis production and mushroom cultivation (inside the ALR portion); agricultural research; and forestry or sawmill operations for on-site timber processing. Blending stunning natural beauty, fertile farmland, dependable irrigation options, and turnkey infrastructure with versatile zoning, Flying B Acres is uniquely positioned to support agribusiness, destination agritourism, equestrian operations, and event hosting - offering multiple revenue streams and the opportunity to create a landmark Vancouver Island destination.