Area: British Columbia
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Rare Ocean View Development Opportunity in North Nanaimo! Perched high in the prestigious Ocean View Terrace neighbourhood, this exceptional 13,454 sq ft lot offers breathtaking panoramic views of the Salish Sea, stretching from Downtown Vancouver and the Coastal Mountains to the Sunshine Coast. Enjoy stunning sunsets over the Winchelsea Islands and ever-changing ocean scenery from your future dream home. This expansive property also presents excellent subdivision potential, with the possibility to create two or more building lots (buyer to verify with the City of Nanaimo), making it an attractive opportunity for builders, developers, or investors. Located in one of North Nanaimo’s most desirable neighbourhoods, just minutes to top-rated schools, shopping, restaurants, beaches, parks, and recreation. A rare chance to secure a premium ocean-view property with development potential in a highly sought-after location. Price plus GST. All measurements are approximate and should be verified if important. (id:44056)

Property Details

Full Address:
5320 Dewar Rd, Nanaimo, British Columbia
Price:
$ 999,800
MLS Number:
1028766
List Date:
April 2nd, 2026
Lot Size:
13454 sq.ft.
Taxes:
$ 6,053

Interior Features

Building Features

Zoning:
Residential
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 6,053

Floors

Land

Lot Size:
13454 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Julie Liang Personal Real Estate Corporation REMAX Professionals (NA)
 
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Listing Agent(s)

Listing: Julie Liang
REMAX Professionals (NA)

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