5227 Lost Lake Rd, Nanaimo, BC


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About 5227 Lost Lake Rd

Million-dollar ocean views, Estate Property, almost ½ acre, 4,100 sqft home in North Nanaimo. *Development potential. With current zoning, the property could be subdivided into 2-4 ocean view lots With rezoning, 8-12 units (townhouses/duplexes)* All ocean views. Upstairs 1,800 sqft: 4 bedrooms, kitchen, eating nook, dining rm, family rm, massive deck. Downstairs 1800 sqft: 2 family rooms that can be easily converted to 4 more bedrooms or two suites/Airbnb*. All with ocean views! The lower level also features a wet bar, sauna, pantry, and laundry room. Home needs TLC. With the near ½ Acre property, desirable location & ocean views, this Estate has value now and for the future. Surrounded by nature and parks. Very private, with lots of parking for boats, RVs, & more. Sellers motivated. Offers welcome! Measurements & data are approximate. Verify if important.*

Basic Information

Price $988,988
MLS® # 957855
Sub-Type Single Family Detached
Year Built 1982
Beds 4
Baths 3.00
Ensuites 1
Kitchens 1
Interior SqFt 4,103
Lot Size 0.46 Acres

Location Information

Address 5227 Lost Lake Rd
Postal Code V9T 5E6
Area Nanaimo
Sub Area North Nanaimo
Jurisdiction City of Nanaimo
PID Number 004-315-286
View Mountain(s), Ocean
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric, Wood
Cooling None
Foundation Details Slab
Property Condition Resale
Laundry In House
Parking On Street, RV Access/Parking, Attached, Garage Double

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Landscaped, Private, Quiet Area, Recreation Nearby, Hillside, In Wooded Area

Listing Details

OfficeReal Broker B.C. Ltd.

Listing Map