Priced below BC Assessed Value!
Build your dream home and enjoy unobstructed views over the ocean with the back-drop of Mt. Garibaldi (Whistler)! XL 6600 square foot lot & R5 (high-density) zoning provides ample space for your dream home and suite for your mortgage helper. R5 Zoning enables you to dream and build big. R5 Zoning allows for a duplex, each with secondary suites or other configurations with up to four dwelling units. Buy and hold for when you're ready to build your foundation for generational wealth! This premium lot in North Nanaimo's Hammond Bay area is "The Address." This Laguna Way property backs on to protected parkland - an essential added bonus for privacy and tranquility. Surrounded by affluence and close to walking trails, parks, transit, excellent schools including École Hammond Bay, shopping, Costco, highways and beaches.
Data was last updated January 24, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$1,134,500
Min list price:
$399,900
Max list price:
$5,500,000
Avg days on market:
87
Min days on market:
2
Max days on market:
449
Avg price per sq.ft.:
$421.2
These statistics are generated based on the current listing's property type
and located in
Na Hammond Bay. Average values are
derived using median calculations. This data is not produced by the MLS® system.