Enviable 3.38 acre potential DEVELOPMENT OPPORTUNITY neighbouring Royal Bay and commanding stunning views of Victoria, Juan de Fuca Strait and the Olympic Mountains. Sewer, Gas and Water are all in place to the lot lines. The property is not within the ALR, therefore agriculture is not recognized as the priority use and ready for numerous possibilities – the new development on Delora Drive borders this property providing a second road frontage. "Neighbourhood Hillside and Shoreline" areas are established neighbourhoods historically comprised largely of single-detached homes but some mixed development may be possible. Land use objective is the same as in the “Neighbourhood” land use designation. **Buyer must satisfy themselves as to the development potential**. In the heart of Colwood, this prime land is close to all level of schools and the peaceful Colwood Lagoon. The 55km picturesque Galloping Goose Trail runs through the area providing a natural walking and biking route.
Listed by David Stevens
of Royal LePage Coast Capital - Chatterton
Data was last updated March 24, 2023 at 02:05 PM (UTC)
Area Statistics
Listings on market:
117
Avg list price:
$999,900
Min list price:
$299,000
Max list price:
$4,190,000
Avg days on market:
50
Min days on market:
1
Max days on market:
356
Avg price per sq.ft.:
$525.31
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations.