Exceptional 120 acre oceanfront estate, seamlessly connected to Cedar by the Sea in South Nanaimo. Strata titled with strong existing revenue & impressive development potential, zoning supports agriculture, equestrian, livestock, or vineyard ventures. Ideal for multigenerational living, a private retreat, or visionary investment, with potential to reinstate farm status for major tax savings. Includes 5 ocean view homes: 3 single family and 1 duplex on 1.2 acre titles, one with farm infrastructure. Each lot may add suites & carriage homes, offering up to 12 income streams. The crown jewel is a 23 acre oceanfront parcel with 754 ft of accessible shoreline, private driftwood beach, & sweeping Gulf Island views. Offered as a complete corporate sale with 5 titles & 95 acres of cleared common area suited for livestock or crops, just 10 minutes from Nanaimo’s full range of amenities. Don't miss this rare chance to own a stunning, irreplaceable piece of Vancouver Island’s untouched coastline.
For sale
C$13,250,000
2980 Lofthouse Rd, Nanaimo, BC V9X 1N6
14beds
9baths
9,735sqft
Single Family Residence
Built in ----
120 Acres Lot
$-- Zestimate®
C$1,361/sqft
C$-- HOA
What's special
Farm infrastructurePrivate driftwood beachSweeping gulf island views
- 84 days
- 240
- 14
Zillow last checked:
Listing updated:
Listed by:
Erik Clevering Personal Real Estate Corporation,
Engel & Volkers Vancouver Island North,
Kelsey Savage Personal Real Estate Corporation,
Engel & Volkers Vancouver Island North
Source: VIVA,MLS®#: 1041947
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
Kitchen
- Level: Other
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Other
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 9,735
- Total interior livable area: 9,735 sqft
Video & virtual tour
Property
Parking
- Total spaces: 25
- Parking features: Other
Features
- Entry location: Main Level
- Has view: Yes
- View description: Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front, Walk on Waterfront
Lot
- Size: 120 Acres
- Features: Acreage, No Through Road, Pasture, Private, Quiet Area, Rectangular Lot, Rural Setting, Southern Exposure, See Remarks
Details
- Parcel number: 000460851
- Zoning: AG1
- Zoning description: Agricultural
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Other
- Roof: Other
Condition
- Contact List Licensee
Utilities & green energy
- Water: Well: Drilled
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$1,361/sqft
- Tax assessed value: C$5,866,900
- Annual tax amount: C$16,446
- Date on market: 7/2/2026
- Ownership: Freehold/Strata
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | C$13,250,000-1.9%C$1,361/sqft |
Source: VIVA #1041947 Report a problem | ||
| 6/26/2026 | Listing removed | C$13,500,000C$1,387/sqft |
Source:  Engel & Volkers #1023674 Report a problem | ||
| 1/22/2026 | Listed for sale | C$13,500,000C$1,387/sqft |
Source: Engel & Volkers #1023674 Report a problem | ||
| 1/17/2026 | Listing removed | C$13,500,000C$1,387/sqft |
Source: Engel & Volkers #1018566 Report a problem | ||
| 10/30/2025 | Listed for sale | C$13,500,000C$1,387/sqft |
Source: Engel & Volkers #1018566 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: V9X
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
