Exceptional investment opportunity in one of the Comox Valley's premier waterfront locations. This 5.31 acre property has approval for a 4 lot subdivision, offering outstanding development potential. Three proposed lots feature ocean frontage, while the fourth, located across the Island Highway South, is zoned R-1 Residential and is ideal for a custom home. The oceanfront lands are zoned Tourist Commercial (TC-2), allowing a wide range of tourism and recreational uses, including boutique resorts, vacation cottages, oceanfront cabins, eco tourism, and mixed tourist accommodation. Spectacular ocean views, excellent highway access, and a location just minutes from Courtenay, Comox, Cumberland, Mount Washington, golf courses, marinas, beaches and the Comox Valley Airport make this an exceptional offering.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
CV Courtenay South, Comox Valley
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
5.31 acre(s)2.15 hectare(s)
Water supply:
Municipal
Sewer:
Septic System
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Courtenay Rural (771)
Occupancy:
Tenant
Lot Site Features:
Acreage, Pie Shaped Lot, Recreation Nearby, Walk on Waterfront
Data was last updated October 7, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$2,300,000
Min list price:
$49,900
Max list price:
$22,900,000
Avg days on market:
124
Min days on market:
1
Max days on market:
1,281
These statistics are generated based on the current listing's property type
and located in
Comox Valley. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
We found Rick to be a highly knowledgeable realtor specializing in a very unique market. Following his expert advice led to us receiving a timely and highly suitable offer on our Mount Washington property.
From the first time I met him, I found Rick Gibson an easy person to relate to and talk with. Following an initial viewing of the house, it soon became evident that from a real estate perspective he would offer an objective, realistic opinion of my current house value – quickly identifying both the positive and negative aspects, given the current market and his appreciation of what the average buyer was seeking. Simultaneously it became apparent that he was equally interested in my opinion and interests, as the seller. The end result was that I soon was able to gain a definite appreciation of what my general expectations should be, when the house was listed. Mr Gibson took over all relevant responsibilities related to the listing. One factor of particular value was his taking a “virtual tour’ video of all rooms (set to show the most positive aspects) shareable online. This reduced viewings to buyers with a definite interest. Mr Gibson set viewing times, to accommodate my schedule. As well he determined when these should terminate, so that I could consider relevant offers. When I had made my selection, he remained supportive, working closely with other realtors. All possible issues were efficiently and effectively eliminated or dealt with to my benefit. Mr Gibson helped me understand legal factors prior to completion of the negotiations, responding promptly to any questions I had. Mr Gibson definitely earned his share of final sale proceeds. Certainly, I would recommend him to others. If/when relevant I will call on his services again.
We have known Rick since 1989, and he looked after the purchase of our lot in Courtenay. When things started to go sideways, he coached us through the process, to a very satisfactory conclusion, and we are still friends today.
Our experience was good. We went through a period when there was no interest in chalets and then, more recently, when interest rose. Rick explained his thinking and reasons for and against an idea.
Met Rick 10 years ago and our dealings with him have always culminated in a positive outcome! Rick has also helped friends and associates to purchase or sell properties on the Mountain and Rick has always given great service I will always recommend him for any Real Estate or other Mountain related business, his wealth of Knowledge is impressive.
Rick kept us very well informed throughout the process and provided great advice regarding listing price and how to best respond to offers, and was always available for us. It was a pleasure to work with someone who is knowledgeable about local markets and so involved in the community.
My experience with Rick was wonderful. As a first time home buyer, I found him patient and easy to express my concerns/neurosis (lol) to. I very much appreciate his tendency to err on the side of caution versus trying to push you into buying a house. When we found the right house, he worked magic to get fairest price possible. And now, after the deal has closed, he is still checking in to make sure I’m on track with the things I need to stay on top of as a first time home buyer. Thanks Rick!!!
Rick has a very good bedside manner and clearly presented the options before us and the circumstances surrounding our recreational property sale. I highly recommend Rick for any real estate transaction.
Rick Gibson has been our realtor for more than 20 years. He is honest, straight forward, creative, an expert in the real estate field, and doesn’t waste our time. He is the ultimate professional.
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Dan and Kim Fell and their two sons are part of a trend gaining strength at Mount Washington Alpine Resort, of families living full time at the Resort near Courtenay, B.C.