This charming 2 bedroom, 1 bathroom rancher sits on a spacious and private 0.54-acre lot in a prime location, just a short walk to the Parksville Community Park, the Englishman River, and the estuary. The home features a large eat-in farmhouse kitchen, spacious living room, and a generous covered patio, as well as a natural gas stove, BBQ line & fire table. Outside, you'll find mature trees, a greenhouse, and a large detached workshop—ideal for gardening, hobbies, or extra storage. With zoning that allows for up to four dwelling units, the property offers excellent development potential. Options may include building a duplex with secondary suites, or 2 homes, each with its own suite. You could also build your dream home at the back and keep the existing rancher as a carriage house. As a bonus, enjoy close proximity to the bus stop for convenient travel to Nanaimo and Qualicum Beach. A rare opportunity in a peaceful, nature-rich setting just minutes from the beach & downtown Parksville.