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Luxury Homes For Sale Victoria BC

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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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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 30, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$974,900
Min list price:
$199,900
Max list price:
$10,998,000
Avg days on market:
44
Min days on market:
1
Max days on market:
507
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.

Luxury Homes for Sale in Victoria BC


If you're looking for the ultimate in luxury living, Victoria, British Columbia is a great place to start your search. With stunning natural beauty, fascinating architecture and an outstanding quality of life, Victoria is one of the most desirable destinations for luxury home buyers around the world. In this blog, we'll take a closer look at why Victoria is the perfect place to buy a luxury home, and some of the key things to consider when buying.

The first thing to understand when buying a luxury home in Victoria is that the city has a wide variety of properties, each with its own character and charm. From large waterfront properties to contemporary urban penthouses, there are luxury properties to suit every taste and lifestyle. Whether you're looking for a sprawling mansion with plenty of space to entertain or a sleek, modern condo with all the latest amenities, you'll find the perfect property in Victoria. can.

One of the main benefits of buying a luxury home in Victoria is the city's strong property market. Over the years, Victoria has seen a steady rise in real estate values, making it a smart investment for those looking to build wealth over the long term. Additionally, the city's thriving economy and low unemployment rate mean there is a constant stream of wealthy individuals looking for luxury properties, helping to preserve the value of their investments.

Of course, buying a luxury property is not only an investment, but also a lifestyle. And when it comes to luxury living, Victoria is hard to beat. The city is known for its high quality of life with numerous leisure opportunities, cultural facilities and fine dining. Whether you're a nature lover, history buff or foodie, Victoria has something for everyone.

Another important advantage of buying a luxury home in Victoria is the city's stunning natural beauty. From rugged coastlines to rolling hills and forests, Victoria is surrounded by some of the most breathtaking scenery in the world. Many of the city's luxury hotels offer stunning ocean and mountain views, giving you a front-row seat to the natural wonders the city has to offer.

When buying a luxury home in Victoria, it's important to work with a knowledgeable and experienced estate agent to guide you through the process. An agency can provide valuable insight into the local real estate market, identify properties that meet your specific needs and budget, and ensure you get the best possible deal for your new home.

Beyond working with real estate agents, there are a few things to consider when buying a luxury home in Victoria. First, it's important to have a clear understanding of your budget and what you can afford. Luxury real estate can be expensive, so it's important to have a realistic sense of what you're comfortable with before you start looking.

Next, it's important to think about the location of your new home. Victoria has many different neighborhoods, each with its own character and charm. Some areas, such as Oak Bay and James Bay, are known for their historic architecture and quiet residential neighborhoods, while others, such as downtown Victoria, offer a more urban and cosmopolitan lifestyle. Realtors can help you identify the neighborhood that best suits your needs and lifestyle. last buy 

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.