6671 Harwood Dr Lantzville, British Columbia V0R 2H0

$2,950,000

Rare development opportunity in the highly desirable community of Upper Lantzville, adjacent to the Foothills Project. This 5.96-acre property has been largely cleared and is supported by extensive planning and due diligence work already completed. Current development plans contemplate a 23-unit project consisting of a 14-unit townhome component together with 9 strata single-family lots, offering a well-balanced mix of housing types in one of Vancouver Island's most sought-after residential markets. The property benefits from services at the lot line and significant preliminary planning work, providing an opportunity for a developer to advance the project more efficiently. A covenant registered on title to both the subject property and the neighbouring property at 6685 Harwood Road effectively links the two parcels for development planning purposes and was established to facilitate a larger 34-unit vision for the area. Proposed community features include park dedication, environmental protection areas, greenway trail connections, and other amenities that complement the natural setting while enhancing long-term value. An additional opportunity exists for purchasers seeking greater scale. The owners of the neighbouring property have expressed a willingness to consider a sale to a purchaser of 6671 Harwood Road. If acquired and developed in conjunction with the subject property, the combined lands could support approximately 34 total residential units, including 14 patio homes and 20 single-family lots. This creates a unique opportunity to secure a larger development footprint in a market where opportunities of this size are increasingly scarce. (id:59709)

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https://www.realtor.ca/real-estate/29862237/6671-harwood-dr-lantzville-upper-lantzville