5350 Falls St, Port Alberni

$2,399,900

MLS® 1051863

Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations & density with the City. (id:44056)

    Property Details
    Full Address:5350 Falls St, Port Alberni, British Columbia
Price:$ 2,399,900
MLS Number:1051863
List Date:October 13th, 2026
Lot Size:5.84 ac
Taxes:$ 15,506

    Interior Features
    

    Building Features
    Zoning:Unknown
Ownership Type:Freehold
Taxes:$ 15,506

    Floors
    

    Land
    View:Mountain view, River view, View, Valley view
Lot Size:5.84 ac
Lot Features:Acreage, Other
Water Frontage Type:Waterfront on river

    Neighbourhood Features
    

    Ratings
    

    Commercial Info
    

Neighbourhood Details

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Listing Agent(s)

Lead Agent: Amy Francoeur
Office: Real Broker
Originating Board: Vancouver Island Real Estate Board

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