This 3.02 acre piece of waterfront property at the beginning of Welbury Bay is being sold at over $100K UNDER BC Assessed value. South East facing with a sandy beach and protected moorage potential, this rare gem has a super upper building site at road side with gently sloping land that goes down to a second building site by the beach that has expansive views of Welbury Bay. There is presently a cottage situated at the roadside building site that is "as is, where is" and not tenanted nor inhabited. There is no representation made by Sellers or Listing agent as to condition. Sellers have not been on island for many years. The zoning on this property allows for a main home of any size, a 602 square foot guest cottage and up to 2000 square feet of outbuildings. Zoning also allows a seasonal cottage or a full time rental cottage. This one is a steal and waiting for you to create your oceanfront dream home or revenue property. Close to town and the Long Harbour ferry.