Home and Land, 1.01 acres in heart of Parksville. Development or estate property in town, you choose...Situated on a private property within the city boundaries, this exceptional offering combines space, convenience, and future potential. Whether you are dreaming of creating a private estate just steps from all amenities, or you are a developer searching for your next project, this property deserves your attention. Currently zoned RS1, with the OCP supporting Medium Density Multi-Family (RS2) potential, the possibilities here are significant. The property features a charming older classic home that has been lovingly maintained and is move-in ready for its next owners. For added flexibility, the current owners would consider a rent-back arrangement. Enjoy the outstanding location along with an easy walk to shopping, restaurants and everyday amenities, while being just moments from peaceful trails and natural beauty of the Englishman River Estuary.