Introducing the Crown Jewel of Vancouver Island. This property has been well loved by the same family for over 50 years, offers an exclusive waterfront property on over 44 acres of mixed residential/commercial zoning & boasts approximately 1000 meters of shoreline which consists of two separate coves, white sand beach, sandstone shelves & rain forest. Bordered by Yellow point &Laguna Vista Roads, & the high water mark facing east on Stuart Channel, it shares the same Mediterranean climate with the Southern Gulf Islands makes for calm serene natural beauty ideal for kayaking, boating, fishing, wildlife & marine life viewing. Offering the astute buyer a private estate or the potential to subdivide to create an exclusive gated waterfront community. Located 20 km South of Nanaimo, less than a two hour drive to Victoria, with access to two ferry routes, & Nanaimo Airport located 15 minutes away serviced by Air Canada, Westjet, several smaller & charter airlines. One of a kind.