This property offers the convenience of electricity and community water connections at the lot line. Although there is no septic installed, the zoning allows for a single family dwelling with the option of a secondary suite. You can also construct two accessory buildings on the property. The location is highly advantageous, being just a 1-minute drive or a 10-minute walk away from the Village Bay Ferry Terminal and a 4-minute drive from Mayne Island's brewery district. Whether you choose to build a new home and revel in the serenity, or utilize it as a cash flow bnb investment due to its proximity to other vacation rentals, this property offers great potential. Alternatively, you can hold the land as vacant, requiring minimal maintenance, and enjoy the potential of appreciation.
Data was last updated November 25, 2024 at 10:10 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$365,000
Min list price:
$139,000
Max list price:
$985,000
Avg days on market:
195
Min days on market:
50
Max days on market:
457
These statistics are generated based on the current listing's property type
and located in
Mayne Island. Average values are
derived using median calculations.
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