Bought with Loralee Burns B.C. Farm & Ranch Realty Corp.
$800,000
$899,900
11.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
5,760 SqFt
SOLD DATE : 05/26/2025
Key Details
Sold Price $800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $138
MLS Listing ID 988909
Sold Date 05/26/25
Style Main Level Entry with Lower/Upper Lvl(s)
Bedrooms 7
HOA Y/N No
Year Built 1982
Annual Tax Amount $5,039
Tax Year 2024
Lot Size 5.010 Acres
Acres 5.01
Property Sub-Type Single Family Residence
Property Description
Discover the potential of this 5-acre, predominantly level property in the desirable Yellow Point area. The 1980s post-and-beam home features vaulted ceilings and a solid foundation, offering a great opportunity for those looking to renovate and add value. Upstairs, three spacious bedrooms include a primary suite with deck access and a 3-piece ensuite. Multiple outbuildings, including a large overheight shop, provide ample space for storage, hobbies, or workspace—though they will require some work. With 50% of the land cleared and the rest in trees, this property offers privacy and flexibility for future use. Located just minutes from the renowned Crow & Gate Pub and other local amenities, this is a fantastic opportunity to invest in acreage at a price well below assessed value. Tons of potential to update, customize, and increase equity. All measurements are approximate and should be verified if important.
Location
Province BC
County Nanaimo Regional District
Community Na Cedar
Area Nanaimo
Direction Touchbase for lbx code
Rooms
Kitchen 4
Interior
Heating Baseboard, Electric, Propane, Wood, Mixed
Cooling None
Flooring Mixed
Fireplaces Number 1
Fireplaces Type Insert, Living Room
Fireplace Yes
Window Features Insulated Windows
Appliance F/S/W/D, Hot Tub
Laundry In House
Exterior
Exterior Feature Balcony/Deck, Fenced
Parking Features Additional Parking, Detached, Driveway
Garage Spaces 4.0
Utilities Available Electricity Available, Electricity Connected, Phone Connected
View Y/N false
Roof Type Asphalt Shingle
Street Surface Paved
Total Parking Spaces 4
Garage No
Building
Lot Description Acreage, Private, Rural Setting, Wooded
Foundation Concrete Perimeter
Sewer Septic System
Water Well: Drilled
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Fixer, Resale
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