5557 Big Bear Ridge, Nanaimo, BC V9T 2K3
- $549,999
- 3
- BD
- 3
- BA
- 1,301
- SqFt
Courtesy of eXp Realty (NA)
- List Price
- $549,999
- Status
- ACTIVE
- Bedrooms
- 3
- Sq. Ft
- 1,301
- Acres
- 0.41
- Year Built
- 1976
- Subdivision
- Na Pleasant Valley
Property Description
Development site in the heart of Pleasant Valley: an 18,000 sq ft (0.41 acre) R5-zoned lot with municipal water and sewer already connected. Under Nanaimo's small-scale multi-unit housing zoning, R5 allows up to four dwelling units on a lot this size, from a fourplex or triplex to two detached homes with suites, with no maximum floor area ratio. The extra-deep lot steps down from the road beneath mature trees, suiting a terraced or walk-out design, or one substantial new home with a large private yard. A three-bedroom manufactured home sits on the site today; the value here is in the land. Quiet ridge road close to shopping, transit and the Nanaimo Parkway. Ideal for developers planning a fourplex, triplex or duplex; individuals with a dream of designing and building their own home; or buyers seeking an affordable entry onto a large lot with the option to build later. Buyer to verify zoning with the City of Nanaimo. Measurement is approximate.
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Additional Information
- Style
- Rancher
- Lot Size
- 18,000
- Lot Features
- Road - Paved
- Parking Type
- Garage, Open
- Heating
- Baseboard, Electric, Heat Pump
- Cooling
- Air Conditioning
- Office Name
- eXp Realty (NA)
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