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3560 YELLOW POINT ROAD, NANAIMO,

$899,0003 Beds2 BathsActive

3560 YELLOW POINT ROAD, NANAIMO, V9G 1E7
RE/MAX Of Nanaimo - MLS® ID: 428256

Property Details

3560 YELLOW POINT ROAD, NANAIMO, V9G 1E7 - Rare opportunity to own exclusive lowbank waterfront property in spectacular Yellow Point. On the market for the first time in history, this incredibly unique, 2000+ sq.ft. home enjoys grandfathered setbacks that allow unprecedented proximity to the sea. With two massive wraparound decks, this home feels like the bow of a ship, with only water & views of Ruxton, Pylades & Valdez Island as far as the eye can see. A 2-car garage, updated foundation & septic, and a deep fresh water well make life easy. Located on a privately-owned, 8.4 acre estate that includes a communal ramp & dock, boat launch, and a personal mooring buoy for each of the 7 shareholder-occupied homes, there is nothing else like it on the Island. This purchase includes a 1/7th share in the estate, and the exclusive use of this home. 10 small summer, short-term rental cottages and 4 monthly tenanted units that produce enough income to offset property tax for the entire estate, minimizing annual costs.

Amenities

  • ZipV9G 1E7
  • NeighborhoodZ4 Cedar
  • SQFT1846
  • Bedrooms3
  • Full baths2
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • HeatingBaseboard
  • Office ID56
  • Agent ID27635
  • Agent nameJOHN COOPER*
  • MLS® ID428256

Broker: RE/MAX Of Nanaimo

Listing Courtesy of RE/MAX Of Nanaimo

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