5227 Lost Lake Rd

Offered at: $1,099,900

MLS®: 957855

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.*

Quick Stats

Key Home Data

3
BATH(S)
4
BED(S)
Bar,Breakfast Nook,Dining Room,Eating Area,Fr
SQFT
YES
SHOWING AVAILABLE
Property Type:
 Residential
Home Ownership:
Freehold

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Office: 250-334-3124