
2035 Pace Rd
$1,425,000
Cedar
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
About this home
This exceptional nearly 5-acre ocean view farm/acreage in Cedar, close to the ocean, offers a rare blend of natural beauty, usable land,multi-generational living or an income/mortgage helper. Enjoy stunning views (and sunsets & sunrises) toward the Gulf Islands, sea breezes, and easy access (within minutes) to the nearby waterfront, beaches and ocean–swim, kayak, walk,or just relax. Watch the resident seals, otters, sea lions & occasional whales, plus eagles, herons, oyster catchers & many others. Apply for your own mooring buoy just off the shoreline! The property is on a dead-end road, features about 2 acres of forest/woodland, a seasonal creek & fenced orchard with fruit trees, herbs & raised garden beds. Mature fir, cedar, oak, maple & ornamental trees add privacy and character throughout. The land is fenced and cross- fenced with multiple pastures, ideal for horses or hobby farm use. Equestrian amenities include a 70'x100’ riding ring, lunging area & a generous 40'x24' barn/workshop (with new roof) with 3 stalls, power, running water & heated tack/tool room. Outbuildings include two sheds and a pump house, offering excellent storage & workspace. The home offers 5 bedrooms and 4 bathrooms, including a self-contained in-law suite with its own kitchen, laundry, entrance & private deck, connected to the main home. The main living space features lovely wood floors, fir frame windows, sunroom with wood-burning cookstove, mudroom, and both an ocean-facing patio and west-facing cedar deck. Updates include a new roof, new windows, and new upstairs bathrooms including a 3 piece ensuite and 4 piece main bath, plus bathroom on the lower level. The property is serviced by a private well with a strong water supply, supported by a 1,500 gallon holding tank and 1,200 gallon rainwater collection system. Conveniently located just minutes to the airport, a short drive to Nanaimo & in easy reach of ferry terminals, this unique property offers the best of West Coast living. (id:65179)
Property details
From the listing's public record.
Lot size
4.99 acres
Year built
1996
Taxes
$5,949/yr
Zoning
Residential
View
Appliances
Heating
Cooling
Lot
Price history
8 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 8, 2026
Listed $1,425,000
Active82 days on marketMLS 1031224Sep 10, 2025
Listed $1,595,000
Cancelled76 days on marketMLS 1013585Jun 9, 2025
Listed $1,729,000
Expired83 days on marketMLS 1002882Apr 24, 2025
Listed $1,890,000
Cancelled46 days on marketMLS 996490Dec 17, 2013
$519,000
Sold82 days on marketMLS 645433Oct 1, 2012
Listed $559,900
Cancelled394 days on marketMLS 621252Jan 26, 2012
Listed $599,900
Expired248 days on marketMLS 594143Oct 1, 2003
$340,000
Sold431 days on marketMLS 282221
How this listing compares
Based on 72 sales in CedarMedian sold
$892,857
Avg days on market
58 days
Avg sale-to-list
96.7%
Avg $/sqft
$409
Price per square foot
Above area average
Current market in Cedar
Active (same type)
35
Pending
14
All active listings
61
Months of supply
5.8
Balanced market — 5.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,409,000
Land
$703,000
Improvements
$706,000
Homes in Nanaimo sell at 103.3% of assessed value on average.
Based on 1116 recent sales.
Local price trend
How Cedar has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales1694 Gerrand Rd
$1,060,000
4 bd · 3 ba · 2,290 sqft · $463/sqft · 45 days on market
Sold Jun 29, 2026 · 96.5% of list
1965 Emma Way
$987,000
4 bd · 2 ba · 2,210 sqft · $447/sqft · 18 days on market
Sold Jun 25, 2026 · 99.2% of list
1646 Janes Rd
$650,000
4 bd · 3 ba · 2,258 sqft · $288/sqft · 16 days on market
Sold Jun 25, 2026 · 97% of list
1940 Woodridge Rd
$890,715
4 bd · 3 ba · 1,767 sqft · $504/sqft · 30 days on market
Sold Jun 24, 2026 · 99% of list
1441 White Rd
$775,000
5 bd · 2 ba · 2,352 sqft · $330/sqft · 18 days on market
Sold Jun 22, 2026 · 95.8% of list
1817 Meadowlark Cres
$635,000
3 bd · 1 ba · 1,363 sqft · $466/sqft · 16 days on market
Sold Jun 18, 2026 · 97.7% of list
2031 Waring Rd
$625,000
2 bd · 2 ba · 1,737 sqft · $360/sqft · 141 days on market
Sold Jun 18, 2026 · 92.6% of list
3217 Hewstone Rd
$886,283
3 bd · 3 ba · 2,466 sqft · $359/sqft · 28 days on market
Sold Jun 18, 2026 · 95.8% of list
2042 Cedar Rd
$815,000
3 bd · 2 ba · 1,752 sqft · $465/sqft · 20 days on market
Sold Jun 15, 2026 · 97% of list
1443 Fiddick Cres
$998,000
5 bd · 3 ba · 2,468 sqft · $404/sqft · 10 days on market
Sold Jun 11, 2026 · 100% of list
3281 Mcguire Way
$1,950,000
5 bd · 5 ba · 8,657 sqft · $225/sqft · 173 days on market
Sold Jun 8, 2026 · 94% of list
2339 Gould Rd
$725,000
3 bd · 2 ba · 1,469 sqft · $494/sqft · 37 days on market
Sold Jun 4, 2026 · 98% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.