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Lot 10 Reid Island

Land For Sale in GI Gulf Isl Other, Gulf Islands

$325,000
Oceanfront acreage in the southern Gulf Islands. Reid Island is situated in Trincomali Channel, between Thetis Island and Valdes Island. This property is on the NE shoreline, taking in views to the north across Valdes Island and to the east through Porlier Pass. The mainland mountains provide a distant backdrop. Nicely treed with mostly conifers, this is a beautiful, natural setting. The 3.5 acre property is wedge-shaped, with approx. 487ft of ocean frontage. The current structure sits in a small clearing on a grassy rock bluff just up from the shoreline. This is an off-grid property, and there are no services, however there is good cell reception. A moorage buoy would be possible out front of the property. Access to and from the oceanfront is reasonably easy. The current owners started a cabin several years ago that never progressed past the shell stage. What currently exists are the beginnings of an appealing structure on a solid foundation. There is an expansive deck across the front of the home and down the western side. The property is zoned through the Islands Trust, which governs most of the Gulf Islands. The residential (R2) zoning permits one dwelling per lot, plus additional outbuildings or accessory buildings. There is a building permit process requirement with the Cowichan Valley Regional District. There were no permits issued for the current building shell, as well as no registration with BC Housing’s warranty program. Both agencies have been contacted and buyers need to be aware that BC Housing will require registration by the new owner with the BC Housing warranty program. A Letter of Acknowledgement from BC Housing will be provided to interested parties. Given the current status, this presents a unique opportunity for someone who wishes to follow through on the completion of this project. The two main access points are Chemainus or Crofton, both of which offer boat launch facilities.
Address Lot 10 Reid Island
List Price $325,000
Property Type Residential
Type of Dwelling Land
Area Gulf Islands
Sub-Area GI Gulf Isl Other
Lot Size 155509.2 Sq. Ft.
Lot Size Acres 3.57 Ac.
MLS® Number 954530
Listing Brokerage Royal LePage Advance Realty
Postal Code V0R 2Y0
Tax Amount $901
Tax Year 2023
Amenities Acreage, Quiet Area, Rural Setting

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Zamian Parsons

RE/MAX Camosun

4440 Chatterton Way Victoria BC V8X 5J2

Office: (250) 514-1533

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