[$550.00k] 5557 Big Bear Ridge, Nanaimo 3 Bed s 3 Bath s 1301 sf House<Victoria Real Estate Market>

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Property Details

MLS #:

1047925

Listing Date:

2026-09-03 (Days on Market: 2）

Title:

Freehold

Built in:

1976

Listing Price:

$550.00k

Details:

3 Bed s3 Bath s1 Kitchen 1 Parking

Finished Size:

1301 ft²

Lot Size :

18000 ft²

Address:

5557 Big Bear Ridge, Nanaimo，Pleasant Valley Check Map

Assessment:

$603.50k(2025)

Property Tax:

$4235 (2025)

Remarks:

Development site in the heart of Pleasant Valley: an 18,000 sq ft (0.41 acre) R5-zoned lot with municipal water and sewer already connected. Under Nanaimo's small-scale multi-unit housing zoning, R5 allows up to four dwelling units on a lot this size, from a fourplex or triplex to two detached homes with suites, with no maximum floor area ratio. The extra-deep lot steps down from the road beneath mature trees, suiting a terraced or walk-out design, or one substantial new home with a large private yard. A three-bedroom manufactured home sits on the site today; the value here is in the land. Quiet ridge road close to shopping, transit and the Nanaimo Parkway. Ideal for developers planning a fourplex, triplex or duplex; individuals with a dream of designing and building their own home; or buyers seeking an affordable entry onto a large lot with the option to build later. Buyer to verify zoning with the City of Nanaimo. Measurement is approximate.

Heating:

Baseboard Heat Pump Air Conditioning Electric

Construction Feature:

Frame Metal

Face:

Listing Courtesy of eXp Realty (NA)

Need more info? Such as its detailed floor plans, title, disclosure statement, zoing restrictions, survey, etc.Please contact Bill Liu directly and he will send you all available info.

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2018 MLS Silver Award Winner in Victoria