This exceptional 3 unit ocean-view development site is .51 acres and is located in the sought-after Cougar Ridge Estates. This offers a rare opportunity to build in one of North Nanaimo's most picturesque neighborhoods. Fully serviced with gas, sewer, and water, this property is surrounded by high-end homes, adding to its appeal and value. Currently zoned for three units, the city has expressed interest in the possibility of rezoning for increased density, making this an excellent investment opportunity. Conveniently located near all levels of shopping, dining, and essential amenities, the property is also just a short walk or drive to both elementary and high schools. With parks and beaches nearby, this prime location offers the perfect blend of natural beauty and urban convenience. Don't miss your chance to develop in one of Nanaimo's most desirable communities. (Measurements and data approximate; verify if important.)