A rare offering is this 5.32-acre Nanoose Bay estate acreage property. Situated right down the road from the ocean, this private estate like property provides an ideal setting for your dream home. Priced almost 100,000 dollars under assessed value. A drilled well already to go producing 9.5 GPM, a building site cleared so all you have to do is bring your plans and start. Embraced by nature and just minutes from hiking trails, Schooner Cove Marina, the Fairwinds Golf Course, and stunning beaches, this parcel offers both beauty and convenience. Shopping at Red Gap Center and dining at Nanoose Bay Cafe and The Rusted Rake are also nearby. With natural gas at the lot line and power readily accessible, building on this land is straightforward. The environmental study on the pond is complete, making it ready for your irrigation needs, and the ALR status ensures low property taxes. Just 15 minutes from North Nanaimo, this tranquil, convenient, and eco-friendly oasis awaits your vision.