Are you someone with vision, creativity, and the experience to take on a unique project? This extremely private 5.6-acre property is calling your name! Tucked away with plenty of trees, TWO road frontages and THREE driveways, this rare parcel offers TWO homes that have been moved onto the land. Both structures are unfinished, yet a lot of work has been completed, waiting for the right buyer to bring them to life. Whether you’re an investor, contractor, or a blended family looking for a dual-living setup, this could be your dream opportunity.
One of the homes is already equipped with a new septic system, 5 year old roof, setting the stage for further development. The land is mostly flat with a gentle slope, making it ideal for gardening, expansion, or creating the private retreat you’ve always envisioned. While the grounds do need cleanup and the landscaping is waiting to be brought to life, the potential here is massive. Separate garage for a car enthusiast, wood worker, or a studio work space.
Priced $200,000 under assessed value, this is your chance to build serious equity while designing a space that works for your needs. Multi-generational living? Rental income from a second home? Private estate? The possibilities are endless, but it will take someone with a special mind to bring the full vision to life.
If you’ve been looking for a unique investment opportunity in a peaceful setting with room to grow — this one’s worth a look. Bring your tools, your team, and your imagination. This isn’t just a property — it’s a project with powerful potential.
Address
7390 Cougar Smith Rd
List Price
$995,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
sale
Area
Comox Valley
Sub-Area
CV Union Bay/Fanny Bay
Bedrooms
3
Lot Size
244284 Sq. Ft.
Lot Size (Acres)
5.6 Ac.
Year Built
1979
MLS® Number
1012003
Listing Brokerage
eXp Realty (CX)
Basement Area
Crawl Space
Postal Code
V0R 1W0
Tax Amount
$5,432.00
Tax Year
2025
Features
Other
Amenities
Acreage