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2988 Lofthouse Rd
Na Cedar Nanaimo V9X 1N6

$10,500,000
Residential beds: 0 baths: 0.0

Main Photo: 2988 Lofthouse Rd in Nanaimo: Na Cedar Land for sale : MLS®# 995673
Photo 1: 2988 Lofthouse Rd in Nanaimo: Na Cedar Land for sale : MLS®# 995673
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Status:
Active
Prop. Type:
Residential
MLS® Num:
995673
Rare opportunity to own 120+ acres of prime Vancouver Island real estate—one of the few, if not the only, strata-titled ALR properties in BC. Includes gently sloping farmland with potential for organic certification (buyer to verify). Features four separately titled ocean-view homes, each on 1.2+ acre parcels, with access to 95+ acres of common land, AND 23-acre oceanfront parcel with 754 ft of shoreline. Enjoy breathtaking 180° views of the ocean, mountains, and Gulf Islands. Zoned for flexible use—ideal for farming, estate living, or investment. Farm status may offer reduced property taxes. A remarkable legacy property with outstanding potential. All measurements approx. and should be verified if important.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Cedar, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
120.001 acre(s)
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Well: Drilled
Sewer:
Septic System
Fireplace:
No
Pending Date:
Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2025
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Acreage, No Through Road, Pasture, Private, Quiet Area, Rectangular Lot, Rural Setting, Southern Exposure, Walk on Waterfront, See Remarks
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
8
Road Surface Type:
Paved
Total Units:
Date Listed:
May 27, 2025
Original Price:
1.05E7
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Listed by Sotheby's International Realty Canada
Data was last updated August 12, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$899,900
Min list price:
$199,900
Max list price:
$10,998,000
Avg days on market:
62
Min days on market:
5
Max days on market:
582
Avg price per sq.ft.:
$457.25
These statistics are generated based on the current listing's property type and located in Na Cedar. Average values are derived using median calculations. This data is not produced by the MLS® system.

Details to Relocating to Victoria BC


Victoria, British Columbia, Canada is a charming and quaint city that offers many benefits to those considering moving. From its mild climate to its thriving economy, there are many reasons why Victoria is a great place to live. This article explores some of the top reasons why people should consider moving to Victoria, British Columbia.

Mild climate:
One of the most attractive aspects of living in Victoria is the mild climate. The city has an average temperature of 11.7°C and a mild climate throughout the year. This makes it a great place to live for those who enjoy outdoor activities such as hiking, biking and kayaking.

A thriving economy:
Victoria has a thriving economy with low unemployment and a strong labor market. The city is home to many technology companies and also has many opportunities in healthcare, education and government.

Nice views:
Located on the southern tip of Vancouver Island, Victoria is surrounded by spectacular scenery. From rugged coastlines to lush forests, there are many ways to explore nature. High standard of living:
Victoria is consistently ranked among the best places to live in Canada. The city has a high quality of life, excellent healthcare, education, and a low crime rate.

Cultural attractions:
Victoria has many cultural attractions such as the Royal BC Museum, the Victoria Symphony and the Greater Victoria Art Gallery. The city hosts numerous festivals throughout the year, including the Victoria Fringe Festival and the Victoria International Jazz Festival.

If you're considering moving to Victoria, British Columbia, there are many reasons to do so. From a mild climate to a thriving economy to breathtaking scenery, this charming city has something for everyone. Whether you're looking for quality living, cultural attractions, or outdoor adventures, Victoria is the perfect place to call home. 

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.