Introducing the Crown Jewel of Vancouver Island. Brand new to the market and well loved by the same family for over 50 years, this exclusive waterfront property offers over 44 acres of mixed residential/commercial zoning and boasting approximately 1000 meters of shoreline which consists of two separate coves, white sand beach, sandstone shelves and rain forest. Bordered by Yellowpoint and Laguna Vista Roads, and the high water mark facing east on Stuart Channel, it shares the same Mediterranean climate with the Southern Gulf Islands makes for calm serene natural beauty ideal for kayaking, boating, fishing and wildlife and marine life viewing. Offering the astute buyer a private estate or the potential to subdivide to create an exclusive gated waterfront community. Located 20 km South of Nanaimo, less than a two hour drive to Victoria, with access to two ferry routes, and the Nanaimo Airport located 15 minutes away and serviced by Air Canada, Westjet and several smaller and charter airlines. Enjoy the lifestyle we all dream about, living amongst nature and all that island living offers. The good life, this is a once in a lifetime opportunity. Call for your private tour.