Forgot password Extend Verify Contact

4472 S Island Hwy
CV Courtenay South Royston V9N 9T1

$4,000,000
Commercial Sale

Main Photo: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 1: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 2: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 3: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 4: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 5: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 6: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 7: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Photo 8: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1049799
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
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Courtenay South, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5.31 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Septic System
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Acreage, Pie Shaped Lot, Recreation Nearby, Walk on Waterfront
Parking Features:
On Site
Total Units:
Date Listed:
Jul 15, 2026
Original Price:
4000000.0
  • Photo 1: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 1 of 8
  • Photo 2: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 2 of 8
  • Photo 3: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 3 of 8
  • Photo 4: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 4 of 8
  • Photo 5: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 5 of 8
  • Photo 6: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 6 of 8
  • Photo 7: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 7 of 8
  • Photo 8: 4472 S Island Hwy in Royston: CV Courtenay South Mixed Use for sale (Comox Valley)  : MLS®# 1049799
    Photo 8 of 8
Listed by Elevate Performance Realty & Management
Data was last updated September 17, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$2,175,000
Min list price:
$149,000
Max list price:
$22,900,000
Avg days on market:
119
Min days on market:
1
Max days on market:
1,262
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.
Dean Thompson
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.