2555 Departure Bay Rd

For Sale 60 Days
$959,000
5 beds
2 baths
3,650 Sqft

2555 Departure Bay Rd

For Sale 60 Days
$959,000
5 beds
2 baths
3,650 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $263/Sqft
  • Time on Houseful
    60 days
  • Property type
    Residential
  • Median school Score
  • Lot size
    0.54 Acre
  • Year built
    1951
  • Garage spaces
    1
  • Mortgage payment

Full of opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighborhoods is a developer’s dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome project—up to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home provides rental income as you plan your next move. Situated in scenic Departure Bay, the property offers ocean views and walkable beach access—ideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location. Don’t miss your chance to shape the future of this vibrant seaside community.

Kate Philpott of eXp Realty (NA),
MLS®#1006760
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Forced air, natural gas
  • Sewer/ septic
    Sewer connected
  • Utilities
    Cable connected, electricity connected, garbage, natural gas connected, phone connected, recycling
Exterior
  • Construction materials
    Frame wood, insulation all
  • Foundation
    Concrete perimeter
  • Roof
    Asphalt shingle
  • Exterior features
    Fencing: full
  • # garage spaces
    1
  • # parking spaces
    6
  • Has garage (y/n)
    Yes
  • Parking desc
    Driveway, garage, rv access/parking
Interior
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    5
  • # of rooms
    22
  • Flooring
    Hardwood
  • Appliances
    Dishwasher, dryer, oven/range electric, refrigerator, washer
  • Has fireplace (y/n)
    Yes
  • Laundry information
    In house
Location
  • County
    Nanaimo city of
  • Area
    Nanaimo
  • View
    Mountain(s), ocean
  • Water source
    Municipal
  • Zoning description
    Residential
  • Directions
    232798
Lot/ Land Details
  • Exposure
    East
  • Lot desc
    Central location, easy access, family-oriented neighbourhood, level, marina nearby, near golf course, recreation nearby, rectangular lot, serviced
Overview
  • Lot size (acres)
    0.54
  • Basement information
    Finished, walk-out access, with windows
  • Building size
    3650
  • Mls® #
    1006760
  • Property sub type
    Single family residence
  • Status
    Active
  • Tax year
    2024
Rooms Information metric
  • Bedroom
    Lower: 4.496m X 2.896m
    Level: Lower
  • Family room
    Lower: 4.496m X 4.42m
    Level: Lower
  • Storage
    Lower: 4.318m X 1.651m
    Level: Lower
  • Lower: 6.883m X 3.073m
    Level: Lower
  • Mudroom
    Lower: 3.632m X 1.905m
    Level: Lower
  • Bedroom
    Lower: 5.41m X 2.438m
    Level: Lower
  • Storage
    Lower: 6.045m X 2.235m
    Level: Lower
  • Den
    Lower: 4.14m X 2.921m
    Level: Lower
  • Bathroom
    Lower
    Level: Lower
  • Bedroom
    Main: 3.404m X 2.54m
    Level: Main
  • Main: 8.636m X 3.48m
    Level: Main
  • Primary bedroom
    Main: 4.216m X 3.658m
    Level: Main
  • Living room
    Main: 7.391m X 4.293m
    Level: Main
  • Main: 2.108m X 1.676m
    Level: Main
  • Main: 6.731m X 3.81m
    Level: Main
  • Main: 6.299m X 3.607m
    Level: Main
  • Porch
    Main: 5.74m X 1.93m
    Level: Main
  • Dining room
    Main: 3.378m X 3.251m
    Level: Main
  • Kitchen
    Main: 3.734m X 2.642m
    Level: Main
  • Bathroom
    Main
    Level: Main
  • Laundry
    Main: 2.896m X 2.769m
    Level: Main
  • Bedroom
    Main: 3.556m X 3.404m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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