An exceptional opportunity to secure two legal lots at 4730 and 4734 Laguna Way in prestigious North Nanaimo. Offering outstanding development potential, these properties feature unobstructed ocean views with the stunning backdrop of Mt. Garibaldi (Whistler). R5 high-density zoning opens the door to a variety of possibilities, whether you're envisioning a dream home with a mortgage-helper suite, exploring development opportunities, or investing for the future. Backing onto protected parkland, the property offers added privacy and tranquility. Ideally located in Hammond Bay, close to beaches, parks, walking trails, transit, excellent schools, shopping, Costco and highway access. Buy, build or hold—an opportunity to create lasting value in one of Nanaimo's most desirable neighbourhoods. GST applicable. Measurements from BC Assessment; buyer to verify if important.