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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 04:05 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.



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We are a team of luxury real estate experts and we will ensure that you are well taken care of when it comes to making such an important investment. Contact us now to buy your next dream luxury home in Victoria BC.

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.