Rarely does an opportunity like this become available in one of Nanaimo's most sought-after neighbourhoods. Situated on an impressive 0.88-acre gently sloping lot in desirable Departure Bay, this property offers stunning south-facing views over Departure Bay and exceptional development potential. With approximately 470 feet of road frontage along King Richard Drive, Rose Ann Drive, and Lincoln Green Place, the possibilities are endless. The existing four-bedroom home is positioned at one end of the property, providing comfortable living or rental income while you plan for the future. Enjoy a prime location close to Departure Bay Beach, schools, parks, shopping, and everyday amenities. Large ocean-view parcels with this size, frontage, and future potential are incredibly rare—don't miss this exceptional opportunity. All data and measurements are approximate and must be verified if fundamental. (id:2493)
Data was last updated October 12, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$869,450
Min list price:
$340,000
Max list price:
$2,999,900
Avg days on market:
41
Min days on market:
2
Max days on market:
395
Avg price per sq.ft.:
$410.7
These statistics are generated based on the current listing's property type
and located in
Departure Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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