11 bed
6 bath
6,715 sqft
Single Family Residence
Built in 1940
69,749 sqft lot
Freehold NonStrata
RM8 zone
Public remarks
Developers & Investors Alert! Prime 1.6-acre development property in Lower Gibsons with stunning ocean, island, and mountain views. This rare land assembly of 4 lots offers endless potential—perfect for immediate development or a long-term hold. Walking distance to restaurants, beaches, shops, cafes, kayak rentals, and the Gibsons Public Market. Includes revenue-generating units for interim cash flow. Offered with RM8 ZONING, Development Permit and Development Agreement on file with TOG, and share sale option with financing in place. No sign on property; please do not walk the site without an appointment. Call for an info pack!
Private remarks
Rent from houses on properties generate approximately $9,500.00 per month All measurements approximate, buyer to verify if important. The posted development is approved and just needs buyer to pull building permit and start building. No PLA (this would occur if there was a subdivision application). The properties were rezoned to RM-8 in December and it has a Development Permit and Development Agreement on file. DUAL EXPOSURE C8068413
Buyer agency compensation
2% of final sale price + $100,000.00
$8,490,000 ($1,264/sqft)
Active
Listed
04/11/2025
Expiry date
Original price
Gross taxes (2020)
$15,582.08
Property transfer tax
$342,500.00
Last Updated: 05/27/2025 09:08 AM
Courtesy of RE/MAX City Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 537 Gibsons Way | R2990061 | 05/27/2025 09:08 AM | 04/11/2025 | Active | $8,490,000 | Login to view | Tony Browton PREC* | RE/MAX City Realty |