
3255 Folkestone Dr
$674,900
Departure Bay
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About this home
Atop the crags in Departure Bay is the super-desirable Edgewood community, much loved for its tidy aesthetic and panoramic views. Most units are attached townhomes with no yard, but (TADAAA!) 3255 Folkestone is a FULLY DETACHED home with a large private BACK YARD with custom low-maintenance landscaping w/ irrigation. The living room and main bedroom feature stunning mountain views out front, while the kitchen and office and large deck overlook the forests of Linley Valley. The lower floor is perfect for guests with a quiet bedroom and a 4-pc bathroom, plus the den/family room with sliding door to a covered patio. Upstairs is bright; the master suite has a big 4-pc ensuite (soaker tub!) and walk-in closet, and the living area has a cozy gas fireplace and an ergonomic kitchen. Outside there are sitting areas for every time of day including the sunset viewpoint (Muskoka chairs) which sees all the way to Mt Arrowsmith. To be clear, this is a strata property: Your building envelope is fully maintained by the strata, and your water and sewer costs are covered along with building insurance. Owners already paid a large levy for maintenance. (id:65179)
Property details
From the listing's public record.
Lot size
4,575 square feet
Year built
1995
Taxes
$4,733/yr
Strata / HOA
$752/month
Zoning
Multi-Family
View
Appliances
Heating
Lot
Community
Security
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 6, 2026
Listed $674,900
Active84 days on marketMLS 1029961Feb 27, 2014
$390,000
Sold11 days on marketMLS 658662Jul 22, 2013
Listed $399,900
Cancelled193 days on marketMLS 647442Jun 29, 2011
$412,000
Sold93 days on marketMLS 559875
How this listing compares
Based on 12 sales in Departure BayMedian sold
$740,250
Avg days on market
60 days
Avg sale-to-list
97.7%
Avg $/sqft
$387
Price per square foot
Below area average
Current market in Departure Bay
Active (same type)
16
Pending
0
All active listings
54
Months of supply
16
Buyer's market — 16 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$702,000
Land
$525,000
Improvements
$177,000
Homes in Nanaimo sell at 99.8% of assessed value on average.
Based on 210 recent sales.
Local price trend
How Departure Bay has moved over the last decade.
Local price index (normalized) · 118 months
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Interested in this home?
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