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$ 4,995,000

LT 2 DL 804&805 ITTATSOO BAY, Ucluelet, BC, V0R 3A0

Listing ID# 412129
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$ 4,995,000

  • LT 2 DL 804&805 ITTATSOO BAY
    Ucluelet, BC V0R 3A0
  • Listing ID 412129
  • Building Type: VACANT LAND
  • Land Size: 176.00 Acres
  • Status: For Sale/Active
  • Days on Market: 494
  • Waterfront: Waterfront

Property Description

The fortunate developer or inspired individual who elects to acquire both the Ittatsoo Bay Oceanfront MLS 412126 & Ittatsoo Bay Midlands MLS 412128 will take possession of 176 acres of contiguous lands that would constitute the ultimate private estate, or rural residential development, at scale, that has already been rezoned to permit the creation of up to 26 five acre lots. The separately titled, 68 acre Oceanfront consists of lands on the east & west, both of which envelope Ittatsoo Bay itself. The Bay faces S/SE & is thus protected from the prevailing winds & waves of Long Beach- it's privacy & natural ancient beauty are truly other worldy. The Bay is fed by the main stem of Ittatsoo Creek and other charming streams emanating from the east & west Oceanfront land. A vast beach anchors this unique Pacific Ocean facing Bay with the result that the Bay ebbs & flows each day, profoundly changing with the tides. Words are inadequate, the incredible prime old growth forests, the multiple beaches & promontories & park like trail system throughout the Oceanfront must be experienced to be appreciated. Whether enjoyed by a group through a corporate land allocation structure, as a vast unique private estate, or as formally subdivided into the 10 five acre estates permitted by it's zoning, each with it's own private beach, the Oceanfront represents exceptional value at a mere $50K per acre, the long established price for adjacent Oceanfront lands. Finally, although the founding partners have built a substantial road system and boat launch associated with their completed development of the Ittatsoo Bay Uplands they have elected to maintain all of the Ittatsoo Bay lands off grid, so as to maintain the natural, self sufficient appeal, notwithstanding that the possibility for connection to BC Hydro is only 1.5 km away. However, all required approvals, licenses and BC Hydro mandated designs are in place to permit connection to the hydro-electric grid, if that is desired.



Listing courtesy of 460 Realty Inc.


Features

  • waterfront
NATIVE ISLAND NATIVE ISLAND, Ucluelet, BC
VACANT LAND
NATIVE ISLAND NATIVE ISLAND
Ucluelet
Listing courtesy of RE/MAX Mid-Island Realty (Tfno)
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MLS? system data provided by VIREB, copyright? 2017. The information is from sources deemed reliable but not relied upon with independent verification.