This exceptional 3 unit ocean-view development site is .51 acres and is located in the sought-after Cougar Ridge Estates. This offers a rare opportunity to build in one of North Nanaimo’s most picturesque neighborhoods. Fully serviced with gas, sewer, and water, this property is surrounded by high-end homes, adding to its appeal and value. Currently zoned for three units, the city has expressed interest in the possibility of rezoning for increased density, making this an excellent investment opportunity. Conveniently located near all levels of shopping, dining, and essential amenities, the property is also just a short walk or drive to both elementary and high schools. With parks and beaches nearby, this prime location offers the perfect blend of natural beauty and urban convenience. Don’t miss your chance to develop in one of Nanaimo’s most desirable communities. (Measurements and data approximate; verify if important.)
Property Type:
Residential
Type:
Land
Listing General Location:
Na North Nanaimo, Nanaimo
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
0.512 acre(s)0.21 hectare(s)
Kitchens:
0
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
To Lot
Sewer:
Sewer To Lot
Fireplace:
No
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
R10
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Utilities:
Natural Gas Available
Lot Site Features:
Cul-De-Sac, Family-Oriented Neighbourhood, No Through Road
Data was last updated April 19, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
248
Avg list price:
$699,900
Min list price:
$209,900
Max list price:
$20,000,000
Avg days on market:
62
Min days on market:
1
Max days on market:
1,125
Avg price per sq.ft.:
$501.71
These statistics are generated based on the current listing's property type
and located in
Na North Nanaimo. Average values are
derived using median calculations.