Full of opportunity! At just over half an acre in one of Nanaimo’s most desirable neighbourhoods, this property offers exceptional potential for investors, developers, and visionary buyers. Explore rezoning possibilities and create a project tailored to your goals - whether multi-family, subdivision potential, or a custom build-to-suit concept, this rare parcel offers flexibility and future potential. The 3,100 sq.ft. home features 5 bedrooms and 2 bathrooms, offering rental income potential or comfortable living while plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Located in scenic Departure Bay, this property enjoys ocean views and walkable beach access in a central, established neighbourhood. Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities.