5227 Lost Lake Rd Nanaimo, British Columbia V9T 5E6

4 Bedroom 3 Bathroom 4103 sqft
Fireplace None Baseboard Heaters Acreage


Million-dollar ocean views from every part of this 4100 sqft home with development potential on an estate property in north Nanaimo, with nearly half an acre of subdividable land (150’ road frontage x 135’). *With current zoning, the property could be subdivided into 2-4 ocean view lots with an *approximate value of 550-600k* Or, with rezoning, 8-12 units (townhouses/duplexes), all with ocean views or reno existing home to double the value—buyer to verify if important.* The home has 4 br upstairs, and downstairs two large family rooms plus sauna & wet bar can be converted to 4 more br or two rental suites/ Air BnB. All with full ocean views! Home needs TLC or ready for development. With the nearly ½ acre property, desirable location, and impressive ocean views, this estate property holds value now and for the future. It is surrounded by nature and very private, with lots of parking for boats, RVs and more. Sellers are motivated- make an offer! *All measurements and data are approximate. Verify if important.* (id:16027)

Property Details

MLS® Number 942063
Property Type Single Family
Neigbourhood North Nanaimo
Features Acreage, Hillside, Wooded Area, Other
Parking Space Total 8
Plan Vip14881
View Type Mountain View, Ocean View


Bathroom Total 3
Bedrooms Total 4
Constructed Date 1982
Cooling Type None
Fireplace Present Yes
Fireplace Total 4
Heating Fuel Electric, Wood
Heating Type Baseboard Heaters
Size Interior 4103 Sqft
Total Finished Area 3584 Sqft
Type House


Access Type Road Access
Acreage Yes
Size Irregular 20250
Size Total 20250 Sqft
Size Total Text 20250 Sqft
Zoning Type Residential


Level Type Dimensions
Lower Level Entrance 9'3 x 15'1
Lower Level Studio 16'11 x 26'11
Lower Level Recreation Room 31'6 x 13'7
Lower Level Laundry Room 9'6 x 11'7
Lower Level Other 8'4 x 6'7
Lower Level Bathroom 4-Piece
Main Level Ensuite 4-Piece
Main Level Bathroom 5-Piece
Main Level Primary Bedroom Measurements not available x 14 ft
Main Level Living Room 19'4 x 14'6
Main Level Kitchen 12'1 x 11'3
Main Level Family Room Measurements not available x 13 ft
Main Level Dining Room 6'3 x 11'3
Main Level Bedroom 13'3 x 17'6
Main Level Bedroom 9'9 x 11'9
Main Level Bedroom 9'9 x 10'10



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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
Email me using the form to the right

If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144