$95,000

Share 28 Elephant Bay
MLS® NO: 894304

Description

DL420 is a 138 acre oceanfront property on Maurelle Island. This offering is for a 1/13 shared ownership in Elephant Bay Holdings. Each share has its own designated development acreage and access to common property. The portions have been set so that they have good privacy for each shareholder and include 7 oceanfront and 6 inland portions, on both sides of Elephant Creek. Elephant Creek flows through the property from a series of lakes that flow into the creek. This provides a tremendous freshwater source for domestic purposes and could potentially also be utilized to generate hydro-electric power. A large complement of the common property is in the bay along the shore where Elephant Creek creates a beautiful estuary and beach area that is substantial at lower tides. This offering has exclusive use of an inland acreage. Great location for exploring and access to the Discovery Islands, Desolation Sound, Johnstone Strait and the inlets of the BC mainland coast.

General

Property Type:Land
Title of Ownership:1/13th interest in District Lot 420, Sayward District, Share Certificate #28
Taxes:$0
Tax Year:2021

Site Influences

Lot SqFt: 217,800
Acres: 5.00
Water: Other
Waste: None
Zoning: RU-1
Lot Features: Acreage, Irregular Lot, Park Setting, Private, Quiet Area, Recreation Nearby, Rural Setting

Strata Lot Information

Strata Fee: $33
Age Notes: Not indicated in Shareholder Agreement
Rental Restrictions: No Rentals

Property Details

Beds: 0
Baths: 0
Sq. Feet:
Year Built:
Property Type: Land
Municipality: Islands

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.