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2988 Lofthouse Rd
Na Cedar Nanaimo V9X 1N6

$10,500,000
Residential beds: 0 baths: 0.0

Main Photo: 2988 Lofthouse Rd in Nanaimo: Na Cedar Land for sale : MLS®# 995673
Photo 1: 2988 Lofthouse Rd in Nanaimo: Na Cedar Land for sale : MLS®# 995673
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Photo 5: 2988 Lofthouse Rd in Nanaimo: Na Cedar Land for sale : MLS®# 995673
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Status:
Active
Prop. Type:
Residential
MLS® Num:
995673
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.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Cedar, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
120.001 acre(s)
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Well: Drilled
Sewer:
Septic System
Fireplace:
No
Pending Date:
Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2025
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Acreage, No Through Road, Pasture, Private, Quiet Area, Rectangular Lot, Rural Setting, Southern Exposure, Walk on Waterfront, See Remarks
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
8
Road Surface Type:
Paved
Total Units:
Date Listed:
May 27, 2025
Original Price:
1.05E7
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Listed by Sotheby's International Realty Canada
Data was last updated May 31, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$974,900
Min list price:
$199,900
Max list price:
$10,998,000
Avg days on market:
43
Min days on market:
1
Max days on market:
508
Avg price per sq.ft.:
$506.39
These statistics are generated based on the current listing's property type and located in Na Cedar. Average values are derived using median calculations.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.