4080 Island Hwy 3-LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY just five minutes from Qualicum Beach. This 2.32-acre property is zoned RS2 and has Preliminary Layout Approval for three freehold lots of approximately 0.49 acres, 0.74 acres, and 0.86 acres. The level, usable site offers a layout with cleared land and mature trees, creating a setting for future construction. Community water is connected to the existing parcel and will require extension to service the additional lots. Development requirements also include new septic systems and a short extension of Barton Road. An existing two-storey residence provides potential holding income, on-site accommodation, or renovation value while the subdivision is completed. Set back from the highway, with only one proposed lot adjoining it, the property offers a manageable opportunity for a builder, investor, or small developer to complete the project in phases. A located development site with strong potential in a desirable rural-residential market. For more information contact the listing agent, Kirk Walper at 250-228-4275. (id:203)