Lot 1 Lofthouse Rd
Nanaimo, British Columbia BC V9X 1N7
Price: $7,500,000
Listing ID 915684
Status Active
Bedrooms 13
Total Baths 10
SqFt 8,126
Acres 123

Property Description:

ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/ this 120+ acre property that includes 120+ acres of gently sloping agricultural land which has never been farmed and has potential to be granted organic status (buyer to do their own inquiries), 4 separate titled stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the approx. 95 acres of CP & a separately titled 23 acre oceanfront parcel w/ 754 feet of waterfront! Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4 established homes that each have 180 degrees of ocean, mountain & Gulf Island views. This property allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this property. Purchase can be with or without the 23 acre oceanfront section. All this and the ability to have low farm status tax rates. *Can be purchased as a share sale*. Msmts approx., pls verify if important.

Primary Features

County: Nanaimo Regional District
Property Sub Type: Single Family Detached
Property Type: Residential


Appliances: F/S/W/D
Basement: Crawl Space
Bath 2 Piece Total: 1
Bath 3 Piece Total: 1
Bath 4 Piece Total: 6
Bathrooms Count Lower Level: 1
Bedrooms Count Lower Level: 2
Bedrooms Or Dens Total: 13
Cooling: None
Ensuite 2 Piece Total: 2
Flooring: Mixed
Heating: Baseboard, Electric
Kitchens Count Main Level: 5
Kitchens Total: 5
Laundry Features: In House
Living Area: 8126
Living Area Lower: 1735
Living Area Main: 6391
Main Level Bathrooms: 9
Main Level Bedrooms: 11
Room Unfinished Count: 39


Carport Spaces: 1
Construction Materials: Wood
Entry Location: Main Level
Foundation Details: Concrete Perimeter
Garage Spaces: 1
Lot Features: Acreage, Pasture, Quiet Area, Rural Setting, Walk on Waterfront
Lot Size Area: 123
Lot Size Square Feet: 5357880
Lot Size Units: Acres
Number Of Units In Community: 4
Parking Features: Carport, Garage, Open, RV Access/Parking
Parking Total: 8
Road Surface Type: Paved
Roof: Asphalt Shingle, Fibreglass Shingle, Metal
Sewer: Septic System
Strata Lot Includes: Parking Stall
Utilities: Cable Available, Electricity Connected
Water Source: Well: Drilled


Direction Faces: West
MLS Area Major: Nanaimo
MLS Area Minor: Na Cedar
View: Mountain(s), Ocean
Waterfront Features: Ocean Front
Zoning Description: Agricultural


Additional Accommodation: Exists
Bed And Breakfast: Potential
Layout: Other
Mls Status: Active
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Pets Allowed Notes: Allowed
Property Condition: Resale
Smoking Bylaw: No
Strata Plan Type: Bare Land


Association Fee Year: 2022
Ownership: Freehold/Strata
Rental Allowed: Unrestricted
Tax Annual Amount: 58.74
Tax Assessed Value: 13204
Tax Assessed Year: 2022
Tax Book Number: 3524100
Tax Jurisdiction: Nanaimo Rural (768)
Tax Year: 2022

Zoning Info

© 2023 Victoria and Vancouver Island Real Estate Board. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of VIVAMLS. Real estate listings held by IDX Brokerage firms other than Royal LePage Parksville Qualicum Beach Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Friday, February 3rd, 2023 09:42:17 AM. Listing courtesy of eXp Realty.

Contact - Listing ID 915684

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Glen McPherson

173 Island West Hwy. P.O. Box 1059
Parksville, BC V9P 2H1
Phone: 250-951-6200
Phone Alt: 250-951-6200
Fax: 888-260-5106

Data services provided by IDX Broker