Opportunity awaits on this potential ocean view lot, situated on 0.16 acres in up and coming Union Bay. This treed lot is zoned for a single-family home, plus a carriage house/secondary dwelling, or even a Bed and Breakfast! The picturesque community of Union Bay is located just a short 10 minute drive from the City of Courtenay. The Kensington Project, which plans to bring a new marina, hotel and spa, plus waterfront walkway and parks, will add to the historic culture seen throughout the community, making this a great time to get into the market. Bring your building plans and build your dream home! These lots currently have no access via road or path until they develop Market Street and there is no definite timeline. The Regional District governs this area and the water and hydro are only to the end of the road and there is no septic on the property.