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2035 Pace Rd

$1,425,000

Cedar

Detached5 bd · 4 ba · 2,860 sqftBuilt 1996$498/sqft82 days on market

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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

Mountain viewOcean view

Appliances

Dishwasher

Heating

Heat PumpForced airElectricWood

Cooling

Fully air conditionedAir Conditioned

Lot

AcreageCul-de-sacPrivate settingSouthern exposureWooded areaMarine Oriented

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 8, 2026

    Listed $1,425,000

    Active82 days on marketMLS 1031224
  2. Sep 10, 2025

    Listed $1,595,000

    Cancelled76 days on marketMLS 1013585
  3. Jun 9, 2025

    Listed $1,729,000

    Expired83 days on marketMLS 1002882
  4. Apr 24, 2025

    Listed $1,890,000

    Cancelled46 days on marketMLS 996490
  5. Dec 17, 2013

    $519,000

    Sold82 days on marketMLS 645433
  6. Oct 1, 2012

    Listed $559,900

    Cancelled394 days on marketMLS 621252
  7. Jan 26, 2012

    Listed $599,900

    Expired248 days on marketMLS 594143
  8. Oct 1, 2003

    $340,000

    Sold431 days on marketMLS 282221

How this listing compares

Based on 72 sales in Cedar

Median sold

$892,857

Avg days on market

58 days

Avg sale-to-list

96.7%

Avg $/sqft

$409

Price per square foot

This home: $498/sqftArea average: $409/sqft

Above area average

Current market in Cedar

Active (same type)

35

Pending

14

All active listings

61

Months of supply

5.8

Balanced market5.8 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.

5984110Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 1694 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

More on this listing

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