Mountain view lot with partial ocean views in the desirable Departure Bay area. This rare 11,710 sq.ft. building lot, zoned R5, allows for the development of small-scale multiple family residential dwellings of up to four units, designed to complement or enhance the architectural style of surrounding single-family homes. Enjoy beautiful mountain views and great southern exposure in an established neighbourhood. Conveniently located near all levels of schools, Nanaimo’s premier beaches, shopping, and amenities. The current owner has completed a property survey and has a custom house design available. Priced below assessment for a quick sale, this is your opportunity to build your dream home. Price plus GST.
Data was last updated June 7, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$849,900
Min list price:
$288,000
Max list price:
$2,099,000
Avg days on market:
37
Min days on market:
1
Max days on market:
268
Avg price per sq.ft.:
$434.94
These statistics are generated based on the current listing's property type
and located in
Na Departure Bay. Average values are
derived using median calculations.
