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All categories Nanaimo Area

$2,300,000 · Rivefront, Farm Revenue Property

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  • Square Footage4500

42 acre ALR zoned, farm revenue property in beautiful quaint Cowichan Bay, just 6 minutes to downtown City of Duncan. The property is 2 titles, with 3 houses and over 14,000 sq ft of outbuildings. Located next to a bird estuary, a tidal river runs through the property down to the ocean. Offering very beautiful valley views, mountain views and ocean views. Extensive wildlife includes many rare birds, sea otters, deer and more. Extensive fruit trees and berries. The property has very strong cash flow, positive revenue as the fields, and out buildings are leased to long term tenants. The main house occupied by the owner was built custom into the main barn in 2012. 4500 sq ft offering vaulted ceilings, 4 bedrooms and 4 bathrooms, thermal heated concrete floors and hardwood floors through out. 2 heat pumps, cedar trim, granite counter tops and much more. Lots of updates and money recently invested into the buildings. On the higher backside of the property there is an available building site with valley and ocean views and access to the neighboring Cowichan Valley Golf course. Recent appraisals show value of : 1.3 million ( 39 acres 2 houses) 1 million 1.5 acres with main house and large barn. Open to reasonable offers, price or terms. Serious enquires only please.

Ad #
33476139
Posted
June 11, 2019
Expiry
July 11, 2019
Status
EXPIRED
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