Nanaimo & Parksville Acreages & Land Market Report

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Current Nanaimo & Parksville Acreage Data

Nanaimo & Parksville Acreages & Land Market Report

Track acreage and land market conditions from Ladysmith and Chemainus to Bowser, including asking-price ranges, days on market and active inventory for homes on one acre or more, hobby farms, forested parcels and development land listed through the Vancouver Island Real Estate Board. The figures are generated from current MLS® data and update as properties are listed, sold or repriced.

Nanaimo and Parksville acreage market caution: This report blends very different land. A forested lot in Hilliers, an oceanfront estate on Stuart Channel and a multi-acre development site inside Nanaimo all count as acreage, and commercial parcels can sit in the same table. Averages for bedrooms, bathrooms and living area describe only the listings with a house. Compare parcels of similar size, servicing and zoning in the same community.
Open fields and forested hills in the valley at First Lake, one of the Nanaimo Lakes
Nanaimo & Parksville Acreage Market Hobby farms, rural homes and land from Cedar and Yellow Point to Errington, Coombs and Bowser
How to Read the Numbers

Understanding Nanaimo and Parksville Acreage Market Data

Rural land here is valued by what the rules and the ground allow, and both change across the regional district boundaries.

01

City Edge vs Farm Valley

Acreage near Nanaimo, Lantzville and Qualicum Beach trades on its distance to town and often on future development potential, while land in Errington, Coombs, Hilliers and Cassidy is priced on usable pasture, water and buildings. Expect very different prices per acre for parcels of the same size.

02

Three Sets of Rules

Most rural parcels are zoned by the Regional District of Nanaimo, under Bylaw 2500 or, in Errington and Coombs, Bylaw 1285. Land around Ladysmith and Saltair answers to the Cowichan Valley Regional District, and Gabriola Island to the Islands Trust. Agricultural Land Reserve status adds another layer on farmland.

03

Water and Access Drive Value

Well yield, septic capacity, road access and hydro service can matter more than the acreage figure. Gabriola has no municipal water system, and many rural lots on the Island side rely on private wells, so a parcel with proven water usually lists above a similar one without it.

04

Active Listings, Not Sold Prices

These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
Lot 1 Hilliers Rd N/A N/A N/A $999,000 Unknown 0 days
Lot 2 Hilliers Rd N/A N/A N/A $949,000 Unknown 0 days
1990 Rena Rd 4 3 2,211 $1,174,900 $531 0 days
13361 Prospect Dr 5 4 3,176 $1,349,900 $425 0 days
6960 Lantzville Rd N/A N/A N/A $2,100,000 Unknown 1 day
6950 Lantzville Rd N/A N/A N/A $1,850,000 Unknown 1 day
8015 Ridge Rd 4 3 1,900 $1,135,000 $597 1 day
1955 Garland Dr 2 2 1,677 $1,649,000 $983 4 days
9370 Cottonwood Rd 2 2 1,380 $1,249,000 $905 5 days
1040 Koen Rd 5 3 2,146 $969,900 $451 5 days
1701 Morden Rd 3 2 1,958 $849,900 $434 8 days
908 Little Mountain Rd 3 3 3,000 $1,217,000 $405 5 days
961 Island E Hwy N/A N/A N/A $1,950,000 Unknown 6 days
565 Brechin Rd N/A N/A N/A $2,280,000 Unknown 5 days
565 Brechin Rd N/A N/A N/A $2,280,000 Unknown 5 days
336 Hemlock Ave 3 3 1,452 $749,900 $516 6 days
1045 Ravensbourne Lane 5 4 3,993 $2,200,000 $550 6 days
2060 Huddington Rd 3 3 1,791 $1,175,000 $656 6 days
3349 Creekside Pl 6 5 4,065 $2,249,900 $553 7 days
1580 Meadowood Way 4 3 1,992 $1,099,999 $552 7 days
1136 Corcan Rd 4 2 1,833 $1,249,900 $681 8 days
206 King Rd 4 2 3,534 $999,000 $282 13 days
324 Easthom Rd N/A N/A N/A $1,749,000 Unknown 9 days
990 View Rd 4 5 3,455 $2,888,000 $835 9 days
2745 Shaver Rd N/A N/A N/A $699,900 Unknown 15 days
2734 Yellow Point Rd 4 2 2,007 $1,229,000 $612 12 days
3251 Trans Canada Hwy N/A N/A N/A $1,250,000 Unknown 12 days
2900 Amrik Rd N/A N/A N/A $569,900 Unknown 13 days
4781 Mcguffie Rd N/A N/A N/A $1,200,000 Unknown 12 days
4781 Mcguffie Rd N/A N/A N/A $1,200,000 Unknown 13 days
3505 Harris Cres 4 3 1,888 $699,900 $370 12 days
681 Turner Rd 2 1 1,025 $1,139,000 $1,111 12 days
1205 Corcan Rd 3 2 1,521 $749,900 $493 13 days
2070 Cooper Rd 5 5 5,109 $2,940,000 $575 15 days
3060 Thorpe Rd 2 2 2,460 $1,098,000 $446 15 days
2191 Florence Dr 4 3 2,498 $1,349,900 $540 15 days
1860 Morello Rd 4 3 3,056 $1,149,000 $375 15 days
1154 Smithers Rd 3 3 1,808 $1,139,000 $629 16 days
2885 Shady Mile Way 4 4 3,059 $1,999,000 $653 16 days
2638 Blokker Rd 3 3 2,896 $1,600,000 $552 21 days
3758 Panorama Cres 7 9 6,612 $1,759,000 $266 16 days
348 Morgan Rd N/A N/A N/A $499,000 Unknown 16 days
6110 Island W Hwy 2 1 1,566 $749,900 $478 19 days
1915 Wallace Wood Way N/A N/A N/A $349,000 Unknown 19 days
1015 Park Ave N/A N/A N/A $1,999,000 Unknown 19 days
1015 Park Ave N/A N/A N/A $1,999,000 Unknown 19 days
1195 Spider Lake Rd 3 2 2,724 $1,658,000 $608 19 days
2065 Sanders Rd 4 8 6,522 $2,999,000 $459 20 days
2023 Seahaven Rd 4 5 4,131 $5,900,000 $1,428 21 days
10844 Westdowne Rd N/A N/A N/A $2,300,000 Unknown 21 days
Average: 4.1 3.3 2,941 $1,862,979 $724 112 days
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Viewing 1 - 50 of 266

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