About This Property
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:64973)
At $74 per square foot, this vacant lot in North Nanaimo's Ocean View Terrace is priced competitively compared to the Nanaimo average of $100 per square foot for undeveloped land. The expansive size and panoramic ocean views make this an attractive proposition for high-end home builders seeking a premier development opportunity in one of Nanaimo's most desirable neighborhoods.
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