Oceanfront Development Site by Neck Point Park! Perched atop a bluff in the highly sought-after Hammond Bay neighbourhood, this is an extraordinary opportunity to own a 2.046-acre oceanfront parcel with sweeping views into + along the rocky shoreline of Keel Cove. Backing directly onto Neck Point Park, the property provides immediate access to scenic trails + nature, creating a rare combination of privacy, lifestyle, and development potential. Zoned R10, the property is ideal for single-family homes or a carefully clustered townhouse development maximizing ocean vistas while minimizing site disturbance - an increasingly valuable approach in today’s market. For developers, this is a compelling opportunity to deliver a boutique ocean-view project with strong end-user appeal, where design, setting, + exclusivity converge. For those seeking a legacy holding or personal estate, the scale + setting provide a blank canvas to create a truly one-of-a-kind coastal retreat. Also Res MLS 1029591.
LOT 2, PLAN VIP50205, DISTRICT LOT 51, WELLINGTON LAND DISTRICT
Zoning:
R10
Occupancy:
Tenant
Parking Features:
On Site
Date Listed:
May 27, 2026
Original Price:
1790000.0
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Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Digitally generated conceptual rendering for illustrative and marketing purposes only. The buildings, number and placement of homes, access, parking, landscaping, topography, views and other site features shown are conceptual and are not based on approved
Data was last updated July 25, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$1,226,500
Min list price:
$99,000
Max list price:
$25,000,000
Avg days on market:
96
Min days on market:
1
Max days on market:
789
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.