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3255 Folkestone Dr

$674,900

Departure Bay

Townhouse2 bd · 3 ba · 1,954 sqftBuilt 1995$345/sqft84 days on market

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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

City viewMountain viewValley view

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Lot

Private settingRocky

Community

Pets AllowedAge Restrictions

Security

Sprinkler System-Fire

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 6, 2026

    Listed $674,900

    Active84 days on marketMLS 1029961
  2. Feb 27, 2014

    $390,000

    Sold11 days on marketMLS 658662
  3. Jul 22, 2013

    Listed $399,900

    Cancelled193 days on marketMLS 647442
  4. Jun 29, 2011

    $412,000

    Sold93 days on marketMLS 559875

How this listing compares

Based on 12 sales in Departure Bay

Median sold

$740,250

Avg days on market

60 days

Avg sale-to-list

97.7%

Avg $/sqft

$387

Price per square foot

This home: $345/sqftArea average: $387/sqft

Below area average

Current market in Departure Bay

Active (same type)

16

Pending

0

All active listings

54

Months of supply

16

Buyer's market16 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.

5782107Jul 2016Jun 2021May 2026

Local price index (normalized) · 118 months

Recent nearby sales

12 sales
  • 1620 Fuller St

    $395,000

    3 bd · 2 ba · 1,156 sqft · $342/sqft · 24 days on market

    Sold Jun 29, 2026 · 99% of list

  • 110-839 Varsity Way

    $575,000

    4 bd · 3 ba · 2,180 sqft · $264/sqft · 63 days on market

    Sold Jun 29, 2026 · 97.6% of list

  • 20-4750 Uplands Dr

    $574,000

    2 bd · 2 ba · 1,199 sqft · $479/sqft · 35 days on market

    Sold Jun 29, 2026 · 99.1% of list

  • 6425 Pachena Pl

    $695,000

    2 bd · 3 ba · 1,723 sqft · $403/sqft · 15 days on market

    Sold Jun 29, 2026 · 100% of list

  • 125/225-3600 Yellow Point Rd

    $520,000

    2 bd · 2 ba · 1,183 sqft · $440/sqft · 84 days on market

    Sold Jun 26, 2026 · 94.5% of list

  • 3-2197 Duggan Rd

    $377,500

    2 bd · 1 ba · 1,116 sqft · $338/sqft · 73 days on market

    Sold Jun 25, 2026 · 98.1% of list

  • 2-3048 Ross Rd

    $390,000

    2 bd · 2 ba · 1,133 sqft · $344/sqft · 21 days on market

    Sold Jun 25, 2026 · 97.5% of list

  • Th15-38 Front St

    $894,500

    3 bd · 3 ba · 1,714 sqft · $522/sqft · 57 days on market

    Sold Jun 25, 2026 · 96.7% of list

  • 5770 Garnet Pl

    $825,000

    2 bd · 3 ba · 2,029 sqft · $407/sqft · 16 days on market

    Sold Jun 24, 2026 · 98.2% of list

  • 1613 Creekside Dr

    $462,000

    3 bd · 2 ba · 1,175 sqft · $393/sqft · 24 days on market

    Sold Jun 22, 2026 · 97.3% of list

  • 12-571 Bradley St

    $485,000

    2 bd · 2 ba · 1,097 sqft · $442/sqft · 30 days on market

    Sold Jun 22, 2026 · 99.4% of list

  • 102-582 Rosehill St

    $390,000

    3 bd · 2 ba · 1,026 sqft · $380/sqft · 31 days on market

    Sold Jun 18, 2026 · 97.5% of list

More on this listing

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