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.
Address
2999 King Richard Dr
List Price
$2,000,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Departure Bay
Bedrooms
4
Bathrooms
2
Floor Area
1,822 Sq. Ft.
Lot Size
38392 Sq. Ft.
Lot Size (Acres)
0.88 Ac.
Year Built
1966
MLS® Number
1042700
Listing Brokerage
REMAX Professionals (NA)
Basement Area
Partially Finished
Postal Code
V9T 1J5
Tax Amount
$5,500.00
Tax Year
2025
Features
Forced Air, Mixed, Oil
Amenities
Corner Lot, Recreation Nearby, Southern Exposure