275 3rd St

About this home

Motivated seller! A rare opportunity to invest in one of the North Island's most desirable settings, on Malcolm Island in Sointula. This 1.56 acre parcel offers stunning ocean views and excellent potential for a subdivision. Whether you envision creating multiple lots or designing a private estate, the flexibility here is unmatched. The gently sloping land provides an ideal canvas for your dream home, gardens, or investment project. Services are nearby and the property's location offers both privacy and convenience - just minutes from local shops, school and amenities. With its combination of size, views and development potential, this property is a true gem for builders, investors, or anyone seeking a coastal lifestyle. This coastal lifestyle includes whale watching, great fishing, crabbing, hiking, canoeing, trail hiking and much more, all enjoyed in a safe, friendly community. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Sep 10, 2025

   Listed $450,000

   Active292 days on marketMLS 1013337

Current market in Nanaimo

Buyer's market — 38.8 months of supply at the current sales pace.

Assessment

From publicly available property records.

• Lot A-7131 Peterson Rd

  $600,000

  — · — · — · 2 days on market

  Sold Jun 29, 2026 · 104.3% of list

• 7901 Ridge Rd

  $650,000

  — · — · — · 50 days on market

  Sold May 29, 2026 · 96.3% of list

• 7120 Ocean Blue Pl

  $768,600

  — · — · — · 73 days on market

  Sold May 28, 2026 · 103.9% of list

• 4854 Dixon Lane

  $400,000

  — · — · — · 22 days on market

  Sold May 22, 2026 · 92% of list

• Lot 1 Fawcett Rd

  $360,000

  — · — · — · 32 days on market

  Sold May 11, 2026 · 90% of list

• 2316 Sparrow Lane

  $415,000

  — · — · — · 302 days on market

  Sold Apr 30, 2026 · 99.8% of list

• 510 Vancouver Ave

  $360,000

  — · — · — · 75 days on market

  Sold Apr 29, 2026 · 83.9% of list

• 5356 Dewar Rd

  $599,000

  — · — · — · 17 days on market

  Sold Apr 27, 2026 · 100% of list

• 3104 Elsie Lake Cir

  $260,000

  — · — · — · 57 days on market

  Sold Apr 16, 2026 · 93.2% of list

• 2300 Sparrow Lane

  $395,000

  — · — · — · 456 days on market

  Sold Apr 8, 2026 · 98.8% of list

• 4848 Dixon Lane

  $420,000

  — · — · — · 238 days on market

  Sold Apr 2, 2026 · 96.6% of list

• 2131 Henderson Lake Way

  $239,000

  — · — · — · 86 days on market

  Sold Mar 27, 2026 · 100% of list

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