5 bed
5 bath
1,474 sqft
Single Family Residence
Built in 2011
79,715 sqft lot
0 parking
Freehold NonStrata
COMM zone
Public remarks
A rare coastal real estate investment opportunity! The Laughing Oyster offers 1.83 acres of spectacular ocean view property overlooking Okeover Inlet. Features include a 157-seat restaurant, two homes, and four newly built tiny homes ideal for luxury AirBnB rentals or boutique retreats. Zoned commercial, with ample parking, gardens, wells, and septic systems. Create a private oceanview estate, a family compound, or continue as a destination resort. Minutes to Lund, Powell River, and the marina. Proven revenue with significant growth potential. A turnkey opportunity in an extraordinary setting.
Private remarks
All measurements by Seller are approximate, buyer to verify. "BELOW" Room measurements are restaurant building. Home with basement suite, restaurant bldg, and 4 cabins as rentals. DOUBLE EXPOSURE C8069110
Buyer agency compensation
3.25% on the first $100,000 & 1.16% on the balance with first physical introduction, otherwise is 2.44% on the first $100,000 and 0.87% on the balance
$2,900,000 ($1,967/sqft)
Active
Listed
05/09/2025
Expiry date
Original price
Gross taxes (2024)
$10,988.14
Property transfer tax
$65,000.00
Last Updated: 05/12/2025 03:00 PM
Courtesy of Sotheby's International Realty Canada
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
10052 Malaspina Road | R3001507 | 05/12/2025 03:00 PM | 05/09/2025 | Active | $2,900,000 | Login to view | Gina Stockwell PREC* | Sotheby's International Realty Canada |