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$2,000,000
4 Beds 2 Baths 1042700 MLS
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.

2999 King Richard Dr, Nanaimo

Courtesy of REMAX Professionals (NA)

$1,999,900
4 Beds 3 Baths 1041247 MLS
Updated 4-bedroom, 3-bathroom home in a prime Departure Bay location, just steps from the beach. Enjoy stunning ocean views from the living room, dining room, primary bedroom, and throughout the property. The main level offers a functional layout with updated finishes and comfortable living spaces, while the fully renovated lower level features a spacious rec room, fourth bedroom, and full bathroom—perfect for guests, extended family, or additional living space. Ideally located close to schools, shopping, parks, and all North Nanaimo amenities, this home is well-suited for families, retirees, or investors seeking a desirable coastal location. The property also offers significant future potential with R7 zoning and the possibility of up to 19 townhomes (buyer to verify with the City of Nanaimo). A rare opportunity to own a move-in-ready home with development potential in one of Nanaimo's most sought-after neighbourhoods.

2565 Departure Bay Rd, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$1,889,000
7 Beds 8 Baths 1037370 MLS
Rare urban estate in Nanaimo’s prestigious Lynburn Estates. Situated on a flat 0.84-acre lot with dual-street frontages offering immense future development potential, this magnificent 7,000+ sqft residence is within walking distance to Departure Bay beach with distant ocean views. The 3,400+ sqft main level features engineered hardwood, a cathedral foyer, soaring vaulted living room, grand dining room, chef’s kitchen, sunroom, and a lavish primary suite with fireplace & 6-pc radiant-heated ensuite. The upper level adds 800+ sqft with 3 bedrooms & 2 baths. The lower level boasts a 900+ sqft 2-bed, 2-bath legal suite for premium income, plus 1400+ sqft of finished rec space for a gym, billiards, or wine cellar. Additionally, a massive 800+sqft unfinished enclosed hall with pre-installed soundproofing & ventilation awaits your ideas for a media room or safe room. Massive backyard sports court, high-efficiency footprint & double garage. Grand circular drive. Irreplaceable inherent value!

2415 Departure Bay Rd, Nanaimo

Courtesy of eXp Realty (NA)

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