5227 Lost Lake Rd, Nanaimo, BC V9T 5E6

$988,988
4
BD
3
BA
3,584
SqFt

Courtesy of Real Broker B.C. Ltd.

List Price
$988,988
Price Change
▼ $110,912 1713916486
Bedrooms
4
Sq. Ft
3,584
Acres
0.46
Year Built
1982
Subdivision
Na North Nanaimo

Property Description

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.*

Additional Information

Style
Grd Lev Ent-Main Up
Lot Size
20,250
Interior Features
Bar, Breakfast Nook, Dining Room, Eating Area, French Doors, Sauna, Storage, Workshop
Lot Features
Central Location, Hillside, Landscaped, Private, Quiet Area, Recreation Nearby, In Wooded Area
Fireplaces
4
Fireplace Type
Gas, Wood Burning, Wood Burning Stove
Parking Type
Attached, Garage Double, On Street, RV Access/Parking
Heating
Baseboard, Electric, Wood
Cooling
None
Office Name
Real Broker B.C. Ltd.

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Calculator source: Real Geeks

Listing content Copyright 2024 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.