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Listing REALTORS®
Kelsey Savage, REALTOR<sup>®</sup>

Kelsey Savage

REALTOR®

Engel & Volkers Vancouver Island North

Erik Clevering, REALTOR<sup>®</sup>

Erik Clevering

REALTOR®

Engel & Volkers Vancouver Island North

Choose a REALTOR®
Listing REALTORS®
Kelsey Savage, REALTOR<sup>®</sup>

Kelsey Savage

REALTOR®

Engel & Volkers Vancouver Island North

Erik Clevering, REALTOR<sup>®</sup>

Erik Clevering

REALTOR®

Engel & Volkers Vancouver Island North

Other Property for sale

2980 Lofthouse Rd, Nanaimo

$13,500,000 or
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Other Property for sale in Nanaimo, Cedar, 2980 Lofthouse Rd, 1017617 | Realtylink.org
Other Property for sale in Nanaimo, Cedar, 2980 Lofthouse Rd, 1017617 | Realtylink.org Other Property for sale in Nanaimo, Cedar, 2980 Lofthouse Rd, 1017617 | Realtylink.org Other Property for sale in Nanaimo, Cedar, 2980 Lofthouse Rd, 1017617 | Realtylink.org Other Property for sale in Nanaimo, Cedar, 2980 Lofthouse Rd, 1017617 | Realtylink.org
$13,500,000 or

Other Property for sale

2980 Lofthouse Rd, Nanaimo

NANAIMO

Features

Lifestyle
14 bedrooms
9 bathrooms
1017617 13500000 /en/other-property~for-sale~nanaimo/1017617 /en/other-property~for-sale~nanaimo/1017617 /en/other-property~for-sale~nanaimo/1017617/photos 49.1083900000 -123.8114600000 true
Lot Size
5,227,200 sqft
Gross Property Tax
$16,446 /year
Zoning
AG1
View
Mountain(s), Ocean
Additional Features
Acreage, No Through Road, Pasture, Private, Quiet Area, Rectangular Lot, Rural Setting, Southern Exposure, Walk on Waterfront, See Remarks
1

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.
MLS® Number 1017617
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Listing REALTORS®

Kelsey Savage, REALTOR<sup>®</sup>

Kelsey Savage

REALTOR®
250-714-3306

Engel & Volkers Vancouver Island North

Erik Clevering, REALTOR<sup>®</sup>

Erik Clevering

REALTOR®
778-989-1579

Engel & Volkers Vancouver Island North

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.
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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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