Rare 1.04 acre opportunity in the highly sought-after Upper Mission offering exceptional privacy, space, and strong subdivision potential, especially as nearby properties have already been successfully redeveloped into multi-lot communities, making this an ideal holding property, primary residence, or future development project. The existing home features 4 bedrooms plus a den and 4 bathrooms with a functional layout including a main floor primary bedroom with ensuite and an additional bedroom, multiple bright living and entertaining spaces, and a spacious sun deck overlooking the private yard, while the lower level offers a large recreation room, office, cold storage ideal for a wine cellar. A self-contained 1 bedroom in-law suite with separate entrance provides excellent rental income or mortgage helper potential. The expansive lot is surrounded by mature landscaping creating a quiet and private setting with ample parking for vehicles, RV or boat and plenty of room for a pool, shop, or future redevelopment. Conveniently located just minutes to schools with school bus access at the doorstep, H2O Adventure and Fitness Centre, Mission Village, beaches, wineries, and trails, this property sits within a rapidly evolving luxury enclave and presents a rare opportunity to move in, rent out, or unlock its full development potential. (id:56537)