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:44056)

Property Details

Full Address:
5320 Dewar Rd, Nanaimo, British Columbia
Price:
$ 999,800
MLS Number:
1049004
List Date:
September 9th, 2026
Lot Size:
13454 sq.ft.
Taxes:
$ 6,053

Interior Features

Building Features

Zoning:
Residential
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 6,053

Floors

Land

Lot Size:
13454 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Julie Liang Personal Real Estate Corporation REMAX Professionals (NA)
Request Listing Info

Is this your listing?Advertise With Us!

Listing Agent(s)

Lead Agent: Julie Liang
Office: REMAX Professionals (NA)
Originating Board: Vancouver Island Real Estate Board

Similar Listings

No similar listings found.
More North Nanaimo Listings

ATTENTION REALTORS®

Claim your
Realtor® Profile

Join thousands of homebuyers using RealEstateGuide.com every month. Showcase your listings, contact details, website, and social media with a professional REALTOR® profile. Claim yours today!

Get started in less than 2 minutes.

  • Featured on RealEstateGuide.com
  • Reach buyers and sellers across BC
  • Professional REALTOR® profile
  • Upgrade anytime with print & digital advertising
CHOOSE YOUR PROFILE PACKAGE
Copyright © Real Estate Guide 2026 | Legal | Sitemap
Area Modal Trigger
X