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286 King Rd photo 1 of 17
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286 King Rd

$299,000

University District

Land— · — · —359 days on market

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About this home

Exceptional opportunity in Nanaimo’s University District. This 1.21 acre lot offers breathtaking ocean views and an ideal location for your dream home. Outdoorsy folks will love the proximity to Nanaimo Aquatic Centre, Nanaimo Ice Rink, and an array of walking trails. For recreation and leisure, Westwood Lake is just a short drive away, offering swimming, picnicking, and kayaking. Plus, Splitsville Bowling and Games is nearby for family fun and entertainment. Don’t miss out on this prime piece of real estate in a thriving and convenient location! Buyers are to consult with the City of Nanaimo regard to building homes. (id:65179)

Property details

From the listing's public record.

Lot size

1.21 acres

Taxes

$1,764/yr

Zoning

Residential

View

Ocean view

Lot

AcreageHillsideWooded area

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 5, 2025

    Listed $299,000

    Active359 days on marketMLS 1006587
  2. Apr 7, 2021

    Listed $309,000

    Expired176 days on marketMLS 871924
  3. Jan 25, 2021

    Listed $359,000

    Cancelled58 days on marketMLS 863655
  4. Jul 20, 2020

    Listed $298,000

    Expired164 days on marketMLS 845391
  5. Jun 30, 2016

    $89,000

    Sold30 days on marketMLS 728752
  6. Aug 13, 2015

    Listed $169,000

    Expired140 days on marketMLS 710383
  7. Dec 22, 1998

    $25,000

    Sold289 days on marketMLS 180311
  8. May 14, 1993

    $42,000

    Sold151 days on marketMLS 47616

How this listing compares

Based on 39 sales in Nanaimo

Median sold

$410,000

Avg days on market

141 days

Avg sale-to-list

96.8%

Avg $/sqft

Current market in Nanaimo

Active (same type)

126

Pending

3

All active listings

926

Months of supply

38.8

Buyer's market38.8 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$300,000

Land

$300,000

Improvements

$0

Homes in Nanaimo sell at 93.6% of assessed value on average.

Based on 33 recent sales.

Recent nearby sales

12 sales
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    $600,000

    — · — · — · 2 days on market

    Sold Jun 29, 2026 · 104.3% of list

  • 7901 Ridge Rd

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    — · — · — · 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

More on this listing

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