This stunning .85 of an acre is located in a highly sought after central location, & boasts spectacular panoramic ocean views. The lot layout allows for multiple building locations & is currently zoned R3 permitting Agriculture, Assisted Living, Bed and Breakfast, Community Care Facility, Home Based Business, Secondary Suite, Single Family Dwelling, Supportive Housing, Two family dwellings. There is also potential for future development/rezoning. Enjoy several amenities w/in a short walking distance such as Chemainus Elementary, a grocery store & many great shops. A quick drive takes you to Kinsmen Beach, a Golf Course as well as ferry & boat launching access. Outdoor enthusiasts can enjoy remarkable fishing, kayaking, & scenic hiking & biking trails. Ladysmith & the Airport are only a short distance away.