DL420 is a 138 acre oceanfront property on Maurelle Island. This offering is for a 1/13 shared ownership in Elephant Bay Holdings. Each share has its own designated development acreage and access to common property. The portions have been set so that they have good privacy for each shareholder and include 7 oceanfront and 6 inland portions, on both sides of Elephant Creek. Elephant Creek flows through the property from a series of lakes that flow into the creek. This provides a tremendous freshwater source for domestic purposes and could potentially also be utilized to generate hydro-electric power. A large complement of the common property is in the bay along the shore where Elephant Creek creates a beautiful estuary and beach area that is substantial at lower tides. This offering has exclusive use of an inland acreage. Great location for exploring and access to the Discovery Islands, Desolation Sound, Johnstone Strait and the inlets of the BC mainland coast.