For additional information, please click on Brochure button below. Seller financing, VTB or potential JV partnership options. SHOVEL READY ...PLR ISSUED ...DP... approved....PLR issued. Allowed under current zoning on 39 x SSMUH fee simple lots ($170k/ per lot) OPTIONS: 156 Fourplexes 39 Single fam w/ suites, 78 Duplexes w/ suites 121 TRIPLEXES $ 50 k / per door, land cost !! DP approved. Phase 1 is 35 lots for the first 140 homes, or 121 Triplexes, or 70 Duplexes w suites, or just do 35 Single fam w/ suites. 39 x lots @ $410k/ lot) = $ 16.1 M Recent appraisal $7.22M * Buy at half price * V.T.B. options avail. Vendor financing. Joint venture partnership opportunities. OR, rezone as CD multi-fam strata for low rise, 4 level, 355 apt block units on a prime 18.7 AC "ready to go" property. Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already approved & constructed. * Devp is ripe for 2026 home construction at this great location. Courtenay housing crisis demand, has a significant pent up housing shortage, and very large demand for both affordable homes and also rental units too. (Possible seller or builder financing) (in city limits) DEVELOPMENT PERMIT ** DP APPROVED** PLR is issued