5227 Lost Lake Rd Nanaimo, British Columbia V9T 5E6
$1,299,888
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 |
Building
| 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 |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 20250 |
| Size Total | 20250 Sqft |
| Size Total Text | 20250 Sqft |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | 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 | 14 ft | 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 | 13 ft | 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 |
https://www.realtor.ca/real-estate/26016487/5227-lost-lake-rd-nanaimo-north-nanaimo
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September 25 2023 08:44:44
Victoria Real Estate Board
Real Broker B.c. Ltd.