BC > Nanaimo > Cedar
Nanaimo, BC V9X1N6,2980 Lofthouse Rd
Nanaimo, BC V9X1N6,2980 Lofthouse Rd
Nanaimo, BC V9X1N6,2980 Lofthouse Rd
Nanaimo, BC V9X1N6,2980 Lofthouse Rd
Nanaimo, BC V9X1N6,2980 Lofthouse Rd
Nanaimo, BC V9X1N6,2980 Lofthouse Rd
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Kim Avery

Kim Avery

+1(403) 617-2879
$ 13,500,000
Est. payment | /mo

14 Beds

9 Baths

120 Acres Lot

Save Virtual Tour
$ 13,500,000
Est. payment | /mo
Save Virtual Tour

14 Beds

9 Baths

120 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Subdivision Cedar

MLS® Listing ID 1017617

Bedrooms 14

Lot Size 120.000 Acres

Acres 120.0

Property Sub-Type Strata

Source Vancouver Island Real Estate Board

Property Description

Introducing an exceptional opportunity to acquire a one of a kind 120 acre oceanfront estate, strata titled and seamlessly connected to the sought after Cedar by the Sea area in South Nanaimo. This remarkable property offers both strong existing revenue and outstanding development potential, with zoning that supports agriculture, equestrian facilities, livestock operations, or vineyard development. Its scale and versatility make it ideal for multigenerational living, a private retreat, or a visionary long term investment. Farm status may also be reinstated for significant property tax reductions. The estate features 5 beautifully positioned ocean view homes generating rental income: 3 single family residences and 1 duplex on individual 1.2 acre titles, one including farm infrastructure. Current regulations may allow each lot to add suites and carriage homes, potentially enabling up to 12 income streams. At the heart of the offering is a spectacular 23 acre oceanfront parcel boasting 754 feet of easily accessible shoreline. This pristine coastline—home to whales, eagles, owls, and otters—offers a stunning private driftwood beach and sweeping 180° views across the Gulf Islands to Vancouver. With municipal water and hydro at the lot line and previous farm status eligibility, it's a perfect site for a dream residence or luxury estate. Offered as a complete corporate sale including all 5 titles and land (with potential for individual sale), the purchaser will also assume control of the strata corporation governing roughly 95 acres of previously cleared farmland, well suited for livestock and equestrian activities. About half the acreage consists of fertile soil with ample water, ideal for crops or lease revenue, with an identified site for barns and facilities. Gently rolling and private, the land lies just ten minutes from Nanaimo's full range of services and amenities. Don't miss this rare offering of a stretch of Vancouver Island's untouched coastline. (id:24570)

Location

Province BC

Zoning Agricultural

Rooms

Kitchen 5.0

Extra Room 1 Other Measurements not available Kitchen

Extra Room 2 Other Measurements not available Kitchen

Extra Room 3 Other Measurements not available Kitchen

Extra Room 4 Other Measurements not available Kitchen

Extra Room 5 Other Measurements not available Kitchen

Extra Room 6 Other Measurements not available Bathroom

Interior

Heating Other

Exterior

Parking Features No

Community Features Family Oriented

View Y/N Yes

View Mountain view, Ocean view

Total Parking Spaces 25

Private Pool No

Others

Ownership Strata

Virtual Tour https://youtu.be/ScWV3fmBcZ8

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Listed by Engel & Volkers Vancouver Island North

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Kim Avery
Kim Avery

Agent

+1(403) 617-2879

67 Valley Ridge Green NW. Calgary, AB. T3B 5L5, Calgary, Alberta, T3B 5L5, CAN

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2980 Lofthouse Rd