Welcome to 5326 Dewar Rd, an exquisite North Nanaimo estate on a rare double-wide 13,000+ sqft lot, offering breathtaking, unobstructed views of the Georgia Strait and snow-capped mountains from all three stories—a truly rare feature. Spanning over 5,200 sqft, this luxurious home boasts 8 bedrooms, 8 bathrooms (5 ensuites), and a 4-car garage, ideal for large families or investors. Majestic 11ft ceilings grace the main floor, with 9ft ceilings enhancing the middle and lower levels, creating an open, elegant ambiance. The chef’s kitchen dazzles with quartz countertops and backsplash, perfect for culinary creations. Entertain in the 35x20 media room with a built-in wet bar, or relax on two 700 sqft decks, immersed in stunning ocean vistas. Gleaming hardwood floors and spa-inspired tiled bathrooms exude opulence, paired with modern comforts like a heat pump, gas furnace, two tankless water heaters for the main and middle floors, and vast crawlspace storage. The middle floor, with its own entrance, rough-in laundry, offers flexibility—ideal for family, guests, or personal use. With ample space, the home could be converted into four units for rental income (buyers to verify city requirements). A legal 2-bedroom suite on the lower floor, with separate entrance, hydro meter, and its own hot water tank, provides immediate income potential or guest space. The expansive backyard is a canvas for a lush landscaped garden or a 2,000 sqft carriage house with direct road access from Royal Pacific Rd, adding value and versatility. Backing onto Royal Pacific Rd, this prime location ensures privacy while being close to North Nanaimo’s top schools, parks, and amenities. With its rare lot size, unmatched views, and versatile design, this estate offers significant future development potential, making it a unique opportunity for buyers seeking luxury and investment value. (id:63267)