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$10,500,000

Est. payment - /mo

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120 Acres Lot

Active

2988 Lofthouse Rd Nanaimo, BC V9X 1N6

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Kyle Kerr PREC

Initium Real Estate Ltd

kyle@initiumre.com +1(250) 818-5595

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 995673

Rental Info Unrestricted

Annual Tax Amount $14,883

Tax Year 2024

Lot Size 120.000 Acres

Acres 120.0

Property Sub-Type Land

Property Description

Rare opportunity to own 120+ acres of prime Vancouver Island real estate—one of the few, if not the only, strata-titled ALR properties in BC. Includes gently sloping farmland with potential for organic certification (buyer to verify). Features four separately titled ocean-view homes, each on 1.2+ acre parcels, with access to 95+ acres of common land, AND 23-acre oceanfront parcel with 754 ft of shoreline. Enjoy breathtaking 180° views of the ocean, mountains, and Gulf Islands. Zoned for flexible use—ideal for farming, estate living, or investment. Farm status may offer reduced property taxes. A remarkable legacy property with outstanding potential. All measurements approx. and should be verified if important.

Location

Province BC

County Nanaimo Regional District

Area Na Cedar

Rooms

Kitchen 0

Exterior

Waterfront Description Ocean

View Y/N Yes

View Mountain(s), Ocean

Total Parking Spaces 8

Building

Lot Description Acreage, No Through Road, Pasture, Private, Quiet Area, Rectangular Lot, Rural Setting, Southern Exposure, Walk on Waterfront, See Remarks

Sewer Septic System

Water Well: Drilled

Others

Restrictions ALR: Yes

Tax ID 025-115-936

Ownership Freehold/Strata

Listed by Sotheby's International Realty Canada

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1