Property for Sale
Undivided 1/4 share: "Riverbend's Guest"
FOR SALE: Five-acre (approx. 2.5 acres cleared) homestead with one undivided quarter-share of 160 acres of pristine second-growth forest. Current developments include: one-room (10ft x 20ft) house, covered workshop area, outdoor kitchen, root cellar, pumphouse, solar power system, large barn with studio loft, large year-round pond, huge well-tended gardens, very large greenhouse, and small guest house.
Located on the SW Quarter, Section 20 (49-30'-18.07" N 124-17'-32.15" W) on Lasqueti Island, B.C. Ferry service is for foot passengers only (no car ferry service) and this gulf island is not on the electrical grid. These remote conditions have preserved an ecological, heritage paradise perfect for do-it-yourselfers, with only about 350 year-round residents. Only five hours travel from Vancouver, or one hour and twenty minutes from Nanaimo, this property makes a pefect, convenient yet secluded recreational hideaway as well.
This 160-acre quarter section (approximately 70 per cent Agrilcultural Land Reserve) is endowed with stunning natural features which include mossy knolls and bluffs (including one of the highest peaks on the island), and extensive marsh full of wildlife, as well as Lasqueti Island's largest waterway, Wells (Lenfesty) Creek.
Ownership of this stunning property is held Tenants in Common, divided equally into four undivided quarter shares, and is governed by a longstanding Co-Ownership Agreement which dictates rules for commonly-shared resources and amenities (such as a gravel road and cedar bridge) and limitations on development that keep protected a minimum 140 acres in its natural state held in common.
PLUS: there is plenty of room for development within this five-acre homestead to a maximum of four full-time residences as well as four seasonal-only guest cabins.
Just one look at the attached photos and map will show you that the price of $160K for this island-hideaway paradise is a steal, and is likely to be quickly snapped up.
Don't miss out! Contact Rick Waines at:
