Here is a once in a lifetime opportunity to own perhaps the best parcel of walk on waterfront property in all of North Nanaimo. Totalling 0.60 acres with 290 ft of oceanfrontage, these two separately titled legal lots were acquired by the owner almost 35 years ago and are his principal residence to this day. Located in one of Nanaimo's most prestigious neighborhoods this property is uniquely private with parkland directly to its east and a second park one property over to its west. Incredible flexibility: 5020 contains a 3 bed 2 bath well maintained 1400 sqft rancher while 5010 is a manicured vacant yard, each lot is zoned ''R5 Three and Four Unit Residential'' with multiple dwelling development potential or keep the parcels assembled and build an unparalleled oceanfront residence on the full property. In an area well known for high bank waterfront properties, these two parcels stand alone as one of very few true walk on waterfront locations which allows this property unequaled and unobstructed ocean views across the Strait of Georgia to Sechelt, Texada Island. This part of the Strait is well known for its active views of cruise ships, naval vessels and a myriad of sea life including orcas, humpbacks, sea lions and eagles.