Victoria Real Estate
2348 Yellow Point Rd photo 1 of 42
1 / 42

2348 Yellow Point Rd

$859,999

Cedar

Detached2 bd · 1 ba · 1,403 sqftBuilt 1948$613/sqft39 days on market

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

About this home

Tired of city living and cramped lots with no privacy? This 5.5-acre Yellow Point property offers a rare opportunity to create your ideal rural lifestyle, with south-facing mountain views. The mostly usable land provides endless potential, including space for a workshop (verify if important). The rancher-style home, originally built in approximately 1948, features 2 bedrooms, a spacious living area, and requires significant updating. A large detached garage/workshop, carport, and under-height basement with exterior access, and ample parking for RVs, boats, or work vehicles add versatility. Enjoy all-day sun exposure, perfect for gardening. Located just one block from Blue Heron Park with kayak access and a short drive to Roberts Memorial Park. Experience the best of Yellow Point living—privacy, nature, and convenience all in one. All information and measurements are approximate and must be verified if important (id:65179)

Property details

From the listing's public record.

Lot size

5.50 acres

Year built

1948

Taxes

$2,332/yr

Zoning

Agricultural

Heating

Baseboard heatersOilWood

Lot

Acreage

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. May 21, 2026

    Listed $859,999

    Active39 days on marketMLS 1037581

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: $613/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

$837,000

Land

$615,000

Improvements

$222,000

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

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

Powered by REALTOR.caListed by Royal LePage Nanaimo Realty (NanIsHwyN)