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4472 S Island Hwy in Royston: CV Courtenay South Single Family Residence for sale (Comox Valley) : MLS®# 1043483

4472 S Island Hwy Royston V9N 9T1 : CV Courtenay South

Main Photo: 4472 S Island Hwy in Royston: CV Courtenay South Single Family Residence for sale (Comox Valley)  : MLS®# 1043483
$4,000,000
Prop. Type:
Residential
MLS® Num:
1043483
Status:
Active
Bedrooms:
5
Bathrooms:
2
Year Built:
1967
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:
Residential
Type:
Single Family Residence
Year built:
1967 (Age: 59)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure1,433 sq. ft.
Auxiliary Building Living Area:
Switch units of measure1,150 sq. ft.
Main Building Living Area:
Switch units of measure2,517 sq. ft.
Listing General Location:
CV Courtenay South, Comox Valley
Bedrooms:
5
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
Switch units of measure5.31 acre(s)
Kitchens:
1
Taxes:
Construction:
Stucco
New Construction:
No
Basement:
Partially Finished
Foundation:
Block, Slab
Electricity:
Yes
Roof:
Asphalt Shingle
Ceiling Heights:
Switch units of measure
Floor finish:
Basement Slab, Carpet
Total Building Area:
Switch units of measure1,581 sq. ft.
Total Unfinished Area:
Switch units of measure148 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
Switch units of measure1,084 sq. ft.
Living Area Main Floor:
Switch units of measure1,433 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
1
Fireplace Details:
Insert, Pellet Stove
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Septic System
Additional Accommodations:
Exists
Cooling:
None
Heating:
Forced Air, Propane
Fireplace:
Yes
Warranty:
No
Pending Date:
Dishwasher, Dryer, Refrigerator, Washer
Balcony/Deck, Garden
Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Courtenay Rural (771)
Legal Description:
Zoning:
TC2
Bed and Breakfast:
Potential
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale
Utilities:
Electricity Connected, Garbage
Exposure / Faces:
Northeast
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Acreage, Pie Shaped Lot, Recreation Nearby, Walk on Waterfront, Wooded
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Carport, Driveway
Total Parking Spaces:
4
Total Units:
Date Listed:
Jul 15, 2026
Original Price:
4000000.0
Listed by Elevate Performance Realty & Managment
Data was last updated August 25, 2026 at 08:05 AM (UTC)
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.