2999 King Richard Dr, Nanaimo
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. (id:62865)
Status
Active
Year Built
1966
Property Type
House
Ownership
Freehold
Parking Spaces
4
Annual Tax
$5,500
Zoning
Residential
Parcel Number
002-754-371
Data Source
Vancouver Island Real Estate Board
Bedrooms
4
Bathrooms
2
Living Area
1822 square feet
Lot Size
0.88 acres
View
Ocean view
Lot Features
Heating
Forced air, Oil
Cooling
None
$2,000,000
Office
REMAX Professionals (NA)
Loan Amount:
$1,600,000
Estimated Monthly Payment:
$7,797
This is an estimate for informational purposes only. Consult with a financial advisor.
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