5227 Lost Lake Rd

Single Family Detached For Sale in Na North Nanaimo, Nanaimo

$1,499,888
  • 4 Beds
  • 3 Baths
  • 3,584 Sq. Ft.
  • Built 1982
Massive estate sized near 1/2-acre value added, unobstructed, ocean view property in the coveted North Nanaimo area code. The existing sprawling 2 level, 3584 Sq ft home takes advantage of the remarkable views from every aspect of the home. Strong core aspects of the home consist of solid hand scaled horizontal cedar siding, an array of exterior viewing walkways and extensive entertainment patio space equipped with your own built in brick barbecue with gas hook up/connection to engage with your guests while watching the sun setting over the Winchelsea islands below. Inside there are 4 fireplaces, 2 wood and 1 gas and one woodstove, to keep you warm. There is also another gas connection and another gas fireplace. The main source of heat is electric baseboards, with each room having its own temperature control/thermostat. Main floor upper level has a large kitchen, master suite with own balcony & ensuite, 3 more bedrooms and a formal living room complete this level. Downstairs which is all ocean view as well boasts multiple options from Rec rooms, family rooms, additional bedrooms & can be converted to a large secondary suite. The homes finished with a large 2 car attached garage below the entertainment deck. The 1/2 acre property has numerous level parking spaces for your boats, RV's and room to build an infinity pool right off the lower levels walk out access with little more than framing up the outside perimeter wall encasing the existing excavated land giving the property an impressive amenity with minimal site preparation required to prep for pouring the core of the pool. To top off this properties core assets are the capacity to keep the improvements and subdivide off an ocean view lot and or when ready simply redevelop to site into potentially 2 duplexes & 1 Single Family and build out approx 4 new 3 level 1/2 duplex units & 1 single family home for either end user retail sales or manage a cash flowing revenue site whichever is more profitable for you. All
Address 5227 Lost Lake Rd
List Price $1,499,888
Property Type Residential
Type of Dwelling Single Family Detached
Area Nanaimo
Sub-Area Na North Nanaimo
Bedrooms 4
Bathrooms 3
Floor Area 3,584 Sq. Ft.
Lot Size 20250 Sq. Ft.
Year Built 1982
MLS® Number 919575
Listing Brokerage 460 Realty Inc. (NA)
Basement Area Finished, Walk-Out Access, With Windows
Postal Code V9T 5E6
Tax Amount $5,271.00
Tax Year 2020
Features Bar, Baseboard, Breakfast Nook, Central Vacuum, Dining Room, Eating Area, Electric, Mixed, Sauna, Workshop
Amenities Acreage, Balcony, Balcony/Deck, Garden, Hillside, In Wooded Area, Recreation Nearby

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Jay Deleskie PREC*

460 Realty Inc

#202-1551 Estevan Road Nanaimo BC V9S 3Y3

Office: (250) 618-6797

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