Address
4800 Mcguffie Rd, Nanaimo, BC
Price
$ 1,790,000
Property Attributes
  • ID#1038459
  • TypeLand
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodHammond Bay
  • Postal CodeV9T 5B3
  • Style
  • Price$ 1,790,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size2.05 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Oceanfront Development Site by Neck Point Park! Perched above Keel Cove in the highly sought-after Hammond Bay neighbourhood, 4800 McGuffie Road presents an extraordinary opportunity to acquire a 2.046-acre oceanfront parcel with sweeping views across the water and along the rugged shoreline. Bordering Neck Point Park and an extensive RDN-owned buffer along its rear boundary, the property offers exceptional privacy, a preserved natural setting, and convenient access to maintained park trails. A favourite destination for local divers, the area also comes alive with the annual herring spawn in early spring. Zoned R10 (Steep Slope Residential), the property offers potential for a single-family estate or a thoughtfully clustered townhouse development of up to 13 units. Its hillside topography lends itself naturally to a design-forward community that maximizes ocean views while minimizing site disturbance, an increasingly valuable approach in today’s market. For developers, this is a compelling opportunity to create a boutique ocean-view project with strong end-user appeal, where design, setting, and exclusivity converge. For those seeking a legacy property or private estate, the scale and setting provide a remarkable canvas for a truly distinctive coastal retreat. Hammond Bay is a quiet, established neighbourhood with a mix of single-family and low-density residential homes. Hammond Bay Elementary School is nearby, while shopping, secondary schools, and other amenities are only a short drive away. With panoramic water views, park-side privacy, and exceptional flexibility in use and design, 4800 McGuffie Road represents a rare opportunity to create a signature oceanfront address in one of Nanaimo’s most desirable locations. Also listed under Residential, MLS 1029591. (id:7434)

General Features

Property Type Vacant Land
Zoning Description R10
ZoningType Unknown
Neighbourhood Hammond Bay
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in V9T 5B3

Price
AVG $1.67M
$1.79M