Rare development opportunity in highly desirable Upper Lantzville. This 5.96-acre property has been largely cleared, offers municipal services at the lot line, and benefits from extensive planning, due diligence, and entitlement work already completed. The key advantage is the R8-zoned frontage along Harwood Drive, allowing a phased development strategy: begin with 14 high-end patio homes for early revenue generation, followed by 9 single-family strata lots on the remaining R1/R2 lands. Completed work includes rezoning (R1/R2/R8), environmental and wetland assessments, stormwater management plan, RAPR approval, survey, park dedication satisfaction, and Development Permit documentation ready for submission. An existing ~2,100 SF tenanted home provides potential interim income. The adjacent property may also be available for purchase, creating a potential 34-unit vision. NDA required for qualified developers. Contact listing agents for the confidential package.
Property Type:
Residential
Type:
Single Family Residence
Living Area:
2,150 sq. ft.200 m2
Listing General Location:
Na Upper Lantzville, Nanaimo
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
5.96 acre(s)2.41 hectare(s)
Kitchens:
1
Construction:
Other
Foundation:
Slab
Roof:
Asphalt Shingle
Floor finish:
Mixed
Total Building Area:
2,150 sq. ft.200 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,056 sq. ft.98.1 m2
Living Area Main Floor:
1,094 sq. ft.102 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
2
Laundry Features:
In House
Water supply:
Well: Drilled
Sewer:
Sewer Available
Heating:
Heat Pump
Fireplace:
Yes
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Central Location, Easy Access, Family-Oriented Neighbourhood, Near Golf Course, Quiet Area, Recreation Nearby
Data was last updated August 1, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$972,500
Min list price:
$147,500
Max list price:
$8,900,000
Avg days on market:
63
Min days on market:
1
Max days on market:
414
Avg price per sq.ft.:
$490.26
These statistics are generated based on the current listing's property type
and located in
Na Upper Lantzville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.