Developers/Investors Alert! Rare 18.5-acre dev opportunity in the heart of Lantzville,one of Vancouver Island’s most desirable coastal communities. This prime parcel is zoned R1 & offers the potential for 35 residential lots,approx just under 1/2 acre,many of which capture ocean views.The prop is ideally located beside Winchelsea View Golf Course & just mins from North Nanaimo’s shopping,beaches,restaurants & amenities making it a highly attractive future residential community.The seller currently has an engineer completing a Preliminary Layout Approval (PLA) application with the District of Lantzville, providing a valuable step forward for future development. Under current R1 zoning,the property may allow for 4 doors,multiple dwellings,(buyer to verify development potential & density with the Dist of Lantzville)A rare opportunity to secure a significant land holding in a sought-after location with strong long-term development potential.All msmts are approx & should be verified if imp.
Data was last updated March 20, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$789,900
Min list price:
$87,900
Max list price:
$8,900,000
Avg days on market:
44
Min days on market:
1
Max days on market:
279
Avg price per sq.ft.:
$507.68
These statistics are generated based on the current listing's property type
and located in
Na Upper Lantzville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.