5320 Dewar Rd

Rare Ocean View Development Opportunity in North Nanaimo! Perched high in the prestigious Ocean View Terrace neighbourhood, this exceptional 13,454 SF lot offers breathtaking panoramic views of the Salish Sea, stretching from Downtown Vancouver & the Coastal Mountains to the Sunshine Coast. Enjoy stunning sunsets over the Winchelsea Islands and ever-changing ocean scenery from your future dream home. This expansive property also presents excellent subdivision potential, with the possibility to create two or more building lots (buyer to verify with the City of Nanaimo), making it an attractive opportunity for builders, developers, or investors. Located in one of North Nanaimo’s most desirable neighbourhoods, just minutes to top-rated schools, shopping, restaurants, beaches, parks, and recreation. A rare chance to secure a premium ocean-view property with development potential in a highly sought-after location. Price plus GST. All measurements are approximate, be verified if important.