2980 Lofthouse Rd

Key facts

• Property type: Other
• Transaction: For Sale
• Price: class="container" id="details-container"3,500,000
• Bedrooms: 14
• Bathrooms: 9
• Interior size: 9,735 sqft
• Lot size: 120
• Parking: 25
• Listing key: 29275220

Listing overview

Introducing an exceptional and rare opportunity to acquire a one of a kind 120 acre oceanfront estate, strata titled and seamlessly connected to the sought after Cedar by the Sea area in South Nanaimo, with the seller open to accommodating a vendor takeback financing option. This remarkable property offers strong existing revenue and outstanding development potential, with zoning that supports agriculture, equestrian facilities, livestock operations, or vineyard development. Its scale and versatility make it ideal for multigenerational living, a private retreat, or a long term investment. Farm status may also be reinstated for significant property tax reductions. The estate features five ocean view homes generating rental income: three single family residences and one duplex on individual 1.2 acre titles, one including farm infrastructure. Current regulations may allow each lot to add su...