7555 Fernmar Rd, Lantzville
Developers & Investors Alert! Rare 18.5-acre development opportunity in the heart of Lantzville, one of Vancouver Island’s most desirable coastal communities. This prime parcel is zoned R1 and offers the potential for 35 residential lots of approximately just under half-acres, many of which may capture ocean views. The property is ideally located beside Winchelsea View Golf Course and just minutes from North Nanaimo’s shopping, beaches, restaurants, and amenities, making it a highly attractive future residential community. The seller currently has an engineer completing a Preliminary Layout Approval (PLA) application with the District of Lantzville, providing a valuable step forward for future development. Under current R1 zoning, the property may allow for 4 doors, multiple dwellings, (buyer to verify development potential and density with the District of Lantzville). A rare opportunity to secure a significant land holding in a sought-after location with strong long-term development potential. All measurements are approximate and should be verified if important. (id:1945)
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Property details for 7555 Fernmar Rd, Lantzville
- Type
- Lots and Land
- Lot Size
- 18.5
- Ownership
- Freehold
- Annual Taxes
- $3,242
Nearby Listings Stat
Estimated price and comparable properties near 7555 Fernmar Rd
Active Listings
35
Min Price
$139,900
Max Price
$8,900,000
Avg Price
$1,493,285
Days on Market
105
days
Sold Listings
12
Min Sold Price
$289,900
Max Sold Price
$2,950,000
Avg Sold Price
$1,221,467
Days until Sold
67
days
Price History
Listed
March 16, 2026
by Royal LePage Nanaimo Realty LD
Current Price
$8,900,000
Type
Lots and Land
For Sale