Introducing the breathtaking Crown Jewel of Vancouver Island, an exclusive waterfront property that has been cherished by the same family for over 50 years. This magnificent property spans over 44 acres of mixed residential/commercial zoning, offering approximately 1000 meters of shoreline across two separate coves, a stunning white sand beach, sandstone shelves, and a lush rainforest. Bordered by Yellowpoint and Laguna Vista Roads, and the high water mark facing east on Stuart Channel, offering a serene Mediterranean climate similar to that of the Southern Gulf Islands. This makes for a calm, natural beauty that is ideal for kayaking, boating, fishing, and observing wildlife and marine life. This property is a rare find, offering the astute buyer the opportunity to own a private estate or subdivide to create an exclusive gated waterfront community. Located just 20 km south of Nanaimo, and less than a two-hour drive to Victoria, this property offers easy access to two ferry routes and the Nanaimo Airport, which is just 15 minutes away and serviced by Air Canada, WestJet, and several smaller and charter airlines. Don't miss this once-in-a-lifetime opportunity to own one of the most stunning properties on Vancouver Island.