Dallas King Personal Real Estate Corporation, REALTOR®, RE/MAX Generation
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This 4 bedroom, 3 bathroom manufactured home is listed for sale at $899,900 in Nanaimo, British Columbia. The property offers 1937.00 square feet of living space. Built in 1972. Lot size: 39,204 sq ft (0.90 acres).MLS® #1050567.
A compelling North Nanaimo investment opportunity with both holding income and future redevelopment potential. This nearly 1-acre rectangular, gently sloping parcel offers efficient topography & southern exposure; key attributes for practical site planning, natural light, & strong end-product marketability. Located in an established neighbourhood with municipal water, the property offers a land position in a proven area.
Zoned R5 and supported by the City of Nanaimo OCP, the site has potential for multi-unit residential development, including building strata or clustered housing (buyer to verify). Two existing dwellings provide revenue while development plans are advanced: Main residence: 1,311 sq ft, 3 bed, 2 bath (de-registered manufactured home) Secondary accommodation: 626 sq ft, 1 bed, 1 bath suite with full kitchen A usable site, income in place & future density potential combine to create a strategic land-hold and development opportunity in North Nanaimo.
Property features include: Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Na Pleasant Valley neighborhood. Part of the Nanaimo area.
Property Type
Manufactured Home
Year Built
1972
Interior Size
1,937 sq ft
Lot Size
39,204 sq ft(0.90 acres)
Bedrooms
4
Bathrooms
3
Kitchens
Area
Nanaimo
Neighborhood
Pleasant Valley
Listed
Sep 22, 2026
MLS® Number
#1050567
View comprehensive market analysis for Lake Pl including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Lake Pl Market ReportA compelling North Nanaimo investment opportunity with both holding income and future redevelopment potential. This nearly 1-acre rectangular, gently sloping parcel offers efficient topography & southern exposure; key attributes for practical site planning, natural light, & strong end-product marketability. Located in an established neighbourhood with municipal water, the property offers a land position in a proven area.
Zoned R5 and supported by the City of Nanaimo OCP, the site has potential for multi-unit residential development, including building strata or clustered housing (buyer to verify). Two existing dwellings provide revenue while development plans are advanced: Main residence: 1,311 sq ft, 3 bed, 2 bath (de-registered manufactured home) Secondary accommodation: 626 sq ft, 1 bed, 1 bath suite with full kitchen A usable site, income in place & future density potential combine to create a strategic land-hold and development opportunity in North Nanaimo.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the Pleasant Valley neighborhood.
Prepared Buyer Program
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* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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