Million-dollar ocean views, Estate Property, almost ½ acre, 4,100 sqft home in North Nanaimo. *Development potential. With current zoning, the property could be subdivided into 2-4 ocean view lots With rezoning, 8-12 units (townhouses/duplexes)* All ocean views. Upstairs 1,800 sqft: 4 bedrooms, kitchen, eating nook, dining rm, family rm, massive deck. Downstairs 1800 sqft: 2 family rooms that can be easily converted to 4 more bedrooms or two suites/Airbnb*. All with ocean views! The lower level also features a wet bar, sauna, pantry, and laundry room. Home needs TLC. With the near ½ Acre property, desirable location & ocean views, this Estate has value now and for the future. Surrounded by nature and parks. Very private, with lots of parking for boats, RVs, & more. Sellers motivated. Offers welcome! Measurements &
data are approximate. Verify if important.*
Address
5227 Lost Lake Rd
List Price
$988,988
Property Type
Residential
Type of Dwelling
Single Family Detached
Area
Nanaimo
Sub-Area
Na North Nanaimo
Bedrooms
4
Bathrooms
3
Floor Area
3,584 Sq. Ft.
Lot Size
20250 Sq. Ft.
Year Built
1982
MLS® Number
957855
Listing Brokerage
Real Broker B.C. Ltd.
Basement Area
Finished, Walk-Out Access, With Windows
Postal Code
V9T 5E6
Tax Amount
$6,140
Tax Year
2023
Features
Bar, Baseboard, Breakfast Nook, Central Vacuum, Dining Room, Eating Area, Electric, French Doors, Mixed, Sauna, Storage, Wood, Workshop
Amenities
Balcony, Balcony/Deck, Central Location, Garden, Hillside, In Wooded Area, Landscaped, Private, Quiet Area, Recreation Nearby
