REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 2,499,900
Est. payment /mo
Price Dropped by $250K
5350 Falls St Port Alberni, BC V9Y9G3
5.84 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Port Alberni
MLS® Listing ID 1039995
Lot Size 5.840 Acres
Acres 5.84
Property Sub-Type Freehold
Property Description
Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View Mountain view, River view, View, Valley view
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold






