4080 Island Hwy

3-LOT SUBDIVISION OPPORTUNITY in a prime rural setting just 5 minutes to Qualicum Beach. This 2.32-acre property is zoned RS2 and offers Preliminary Layout Approval for a freehold subdivision into three lots (approx. 0.49 acres, 0.74 acres, and 0.86 acres). The land is flat, usable, and includes some trees, creating an attractive setting for future builds. Community water is connected to the main parcel, with extension required for the additional lots, along with new septic systems and a short Barton Road extension. The existing 2-storey home is livable or rentable, with solid bones and renovation potential - ideal for an owner-builder or small developer to occupy while completing the project. Set back from the highway, with only one future lot bordering it, this is a manageable, phased development opportunity with strong upside in a desirable acreage location.