Frontage: 200’ southwest-facing oceanfront Improvements: 5,000 sq. ft. 5-bed/6-bath home (revenue potential as rental or base residence during redevelopment) Zoning: Subdividable into 4 × 1-acre parcels | 2 homes per acre permitted (up to 8 dwellings) Preliminary Approval: Four 1-acre lots (2 waterfront + 2 ocean-view) Development Potential This property represents one of the last large, subdividable waterfront acreages in Roberts Creek. A boutique subdivision concept could yield: 2 premier waterfront lots (est. ~$1.5M each) 2 elevated ocean-view lots (est. ~$1.0M each) Gross potential sales: ~$5M+ Investment Highlights Immediate use and revenue from existing residence Subdivision opportunity with significant margin above acquisition cost Just 15 minutes to ferry terminal (easy Vancouver access) Exempt from BC Empty Homes Tax and Foreign Buyer Tax Rare scale and privacy in a sought-after Sunshine Coast market Positioning Retain as a revenue-generating waterfront estate, or redevelop into a boutique community with high-demand oceanfront and ocean-view lots. A rare, generational opportunity combining income, lifestyle, and investment upside.