Rarely does an opportunity like this become available in one of Nanaimo's most sought-after neighbourhoods. Situated on an impressive 0.88-acre gently sloping lot in desirable Departure Bay, this property offers stunning south-facing views over Departure Bay and exceptional development potential. With approximately 470 feet of road frontage along King Richard Drive, Rose Ann Drive, and Lincoln Green Place, the possibilities are endless. The existing four-bedroom home is positioned at one end of the property, providing comfortable living or rental income while you plan for the future. Enjoy a prime location close to Departure Bay Beach, schools, parks, shopping, and everyday amenities. Large ocean-view parcels with this size, frontage, and future potential are incredibly rare—don't miss this exceptional opportunity. All data and measurements are approximate and must be verified if fundamental. (id:44056)

Property Details

Full Address:
2999 King Richard Dr, Nanaimo, British Columbia
Price:
$ 1,800,000
MLS Number:
1051630
List Date:
October 12th, 2026
Lot Size:
0.88 ac
Year Built:
1966
Taxes:
$ 5,820

Interior Features

Bedrooms:
4
Bathrooms:
2
Total Rooms:
Air Conditioning:
None
Heating:
Forced air, Oil
Fireplaces:
3

Building Features

Zoning:
Residential
Zoning Detail:
R5
Garage:
Garage, Additional Parking
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 5,820

Floors

Finished Area:
1822 sq.ft.

Land

View:
Ocean view
Lot Size:
0.88 ac
Lot Features:
Southern exposure, Corner Site, Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Jim Miller Personal Real Estate Corporation REMAX Professionals (NA)
250-751-1223
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Listing Agent(s)

Lead Agent: Jim Miller
Office: REMAX Professionals (NA)
Originating Board: Vancouver Island Real Estate Board
Co-Listing: Andrew Miller
REMAX Professionals (NA)

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