Welcome to Gulfview Drive, Hammond Bay – A Rare Opportunity with Endless Possibilities. Perched on a generous 12,600 sq ft lot in one of Nanaimo’s most sought-after neighborhoods, this 4-bedroom, 2.5-bathroom family home offers nearly 2,400 sq ft of living space and a wealth of potential. Owned and cared for by the same family for over 40 years, this is a solid and well-maintained home awaiting its next chapter. Inside, the layout provides incredible flexibility—with the option to create a 1- or 2-bedroom suite for extended family or additional income (buyer to verify). While the home is in largely original condition, thoughtful updates to paint, flooring, and finishes would transform it into a modern retreat while building instant equity. The property itself is a true standout. The subdividable lot (check with the City of Nanaimo) offers long-term development potential, while the existing home is move-in ready. A large covered deck and an expansive backyard set the stage for summer barbecues, outdoor dining, or simply relaxing with family and friends. Located in the heart of Hammond Bay, this address is more than desirable—it’s a lifestyle. Surrounded by natural beauty, minutes to Neck Point Park, Piper’s Lagoon, and some of the city’s best schools, this home is perfectly positioned for families, first-time buyers, investors, and developers alike. Whether you’re looking to update and enjoy, invest and generate income, or explore redevelopment potential, this property is a rare find that combines location, lifestyle, and opportunity in one. (id:63267)