Lot 1 Lee Rd French Creek, BC V9P 2L2

HALF-SHARE of land was sold for $4,612,5000...Morningstar Ridge, a turn key development opportunity located in the marine community of French Creek. Parcel has an approved development permit w/ a preliminary layout approval from MOTI for the first 2 phases. The 18 acre development incl 36 single detached houses ranging from 1600 - 3000 + sq.ft & 12 full size duplexes that can be built to approx 4700 sq.ft or 2350 sq.ft per side. The gently sloping property has been cleared, de-stumped, seeded & has a subsurface that consists predominately of well draining soil. 20 building lots back onto a park adjacent to French Creek or stream side protection enhancement area next to Morningstar Creek. Layout allows for evenly spaced homes w/ landscaping, common gazebo & walking path connecting to community park. The project can be built fast or slow as desired w/ 11 phases & a 2 yr window to commence construction per dev permit. (All info & data should be verified if fundamental to the purchase.)