2555 Departure Bay Rd

About this home

Full of Opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighbourhoods offers exceptional potential for investors, developers, and visionary buyers alike. The expansive lot presents an opportunity to explore rezoning and create a project tailored to your goals. Whether you're considering a multi-family development, subdivision potential, or a custom build-to-suit concept, this rare property offers flexibility and future potential. The existing 3,100 sq.ft. home offers 5 bedrooms and 2 bathrooms and could provide valuable rental income while future plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Situated in scenic Departure Bay, the property is just a short stroll away from the beach - an appealing setting for future residents and a sought-after location for long-term investment. Parcels of this size are rarely available in such a central, established neighbourhood. Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. May 22, 2026

   Listed $872,880

   Active38 days on marketMLS 1037668

2. Apr 7, 2026

   Listed $874,888

   Ddf_delisted45 days on marketMLS 1031232

3. Jan 22, 2026

   Listed $889,000

   Cancelled75 days on marketMLS 1023990

4. Jul 7, 2025

   Listed $959,000

   Expired184 days on marketMLS 1006760

5. Apr 7, 2025

   Listed $999,000

   Cancelled91 days on marketMLS 994534

6. Jan 20, 2025

   Listed $1,100,000

   Cancelled77 days on marketMLS 984870

7. Mar 31, 2022

   $1,260,000

   Sold16 days on marketMLS 892289

8. Jan 7, 2022

   $825,000

   Sold28 days on marketMLS 886099

Current market in Departure Bay

Seller's market — 2.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Local price trend

How Departure Bay has moved over the last decade.

• 3367 Rock City Rd

  $775,000

  4 bd · 3 ba · 2,999 sqft · $258/sqft · 24 days on market

  Sold Jun 29, 2026 · 99.4% of list

• 60 Cilaire Dr

  $965,000

  5 bd · 3 ba · 2,542 sqft · $380/sqft · 10 days on market

  Sold Jun 29, 2026 · 107.2% of list

• 3121 Country Club Dr

  $740,000

  4 bd · 2 ba · 1,997 sqft · $371/sqft · 21 days on market

  Sold Jun 29, 2026 · 98.8% of list

• 3006 King Richard Dr

  $985,000

  5 bd · 2 ba · 2,266 sqft · $435/sqft · 21 days on market

  Sold Jun 25, 2026 · 98.5% of list

• 2370 Marlborough Dr

  $825,000

  4 bd · 2 ba · 2,126 sqft · $388/sqft · 21 days on market

  Sold Jun 25, 2026 · 100.7% of list

• 15 Cilaire Dr

  $975,000

  4 bd · 3 ba · 2,739 sqft · $356/sqft · 34 days on market

  Sold Jun 23, 2026 · 97.5% of list

• 2875 Haliday Cres

  $856,995

  4 bd · 2 ba · 2,274 sqft · $377/sqft · 35 days on market

  Sold Jun 19, 2026 · 98% of list

• 1402 Rose Ann Dr

  $785,000

  3 bd · 2 ba · 1,630 sqft · $482/sqft · 7 days on market

  Sold Jun 19, 2026 · 100.7% of list

• 3677 Country Club Dr

  $724,600

  5 bd · 3 ba · 2,732 sqft · $265/sqft · 34 days on market

  Sold Jun 18, 2026 · 99.4% of list

• 3120 Robin Hood Dr

  $835,000

  4 bd · 3 ba · 2,768 sqft · $302/sqft · 19 days on market

  Sold Jun 4, 2026 · 99.4% of list

• 3586 Country Club Dr

  $675,000

  3 bd · 3 ba · 1,890 sqft · $357/sqft · 5 days on market

  Sold Jun 3, 2026 · 112.5% of list

• 114 Amphion Terr

  $1,145,000

  3 bd · 3 ba · 2,936 sqft · $390/sqft · 14 days on market

  Sold Jun 3, 2026 · 99.8% of list

More on this listing