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431 Thetis Dr

$374,900

Ladysmith

Land— · — · —96 days on market

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About this home

Seize the opportunity to create your ideal home on this expansive, perfectly situated 15000+sf lot, offering breathtaking panoramic ocean and mountain views. Zoned for a single-family home with the option to include a secondary suite, this lot provides incredible potential for your dream living space. All underground services are already connected, making this property not only easier but also more cost-effective to build on, while still maximizing the stunning views. Located in the picturesque town of Ladysmith, you're just a short 15-minute drive from Nanaimo Airport and Duke Point Ferries, ensuring convenient access to all amenities. Geo-technical reports are available, providing peace of mind as you plan your build. Welcome to the perfect blend of natural beauty and practical convenience. (id:65179)

Property details

From the listing's public record.

Lot size

15,376 square feet

Taxes

$3,096/yr

Zoning

Residential

View

City viewMountain viewOcean view

Lot

Central locationPartially cleared

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Mar 25, 2026

    Listed $374,900

    Active96 days on marketMLS 1030002
  2. Mar 7, 2025

    Listed $374,900

    Expired92 days on marketMLS 991268
  3. Aug 21, 2024

    Listed $374,900

    Expired92 days on marketMLS 973804
  4. Dec 17, 2021

    $325,000

    Sold185 days on marketMLS 876262

How this listing compares

Based on 41 sales in Duncan

Median sold

$325,000

Avg days on market

118 days

Avg sale-to-list

91.2%

Avg $/sqft

$1,565

Current market in Duncan

Active (same type)

84

Pending

6

All active listings

609

Months of supply

24.6

Buyer's market24.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$376,000

Land

$376,000

Improvements

$0

Homes in Duncan sell at 96.3% of assessed value on average.

Based on 40 recent sales.

Recent nearby sales

12 sales
  • Lot 1 Banks Rd

    $240,000

    — · — · — · 192 days on market

    Sold Jun 17, 2026 · 77.4% of list

  • Lt36 Teal Crt

    $137,500

    — · — · — · 133 days on market

    Sold Jun 17, 2026 · 91.7% of list

  • Lt 9 Hayhurst Cres

    $288,000

    — · — · — · 13 days on market

    Sold Jun 16, 2026 · 96.3% of list

  • Lot 3 Cowichan Lake Rd

    $278,250

    — · — · — · 386 days on market

    Sold May 22, 2026 · 92.8% of list

  • Lot 8 Barnjum Rd

    $340,000

    — · — · — · 46 days on market

    Sold May 14, 2026 · 97.4% of list

  • 5920 Cowichan Lake Rd

    $540,000

    — · — · — · 31 days on market

    Sold Apr 30, 2026 · 98.2% of list

  • Lot 2 Marine Cres

    $535,000

    — · — · — · 28 days on market

    Sold Apr 24, 2026 · 89.3% of list

  • 295 North Shore Rd

    $345,000

    — · — · — · 10 days on market

    Sold Apr 14, 2026 · 86.5% of list

  • Lot 4 South Shore Rd

    $2,500,000

    — · — · — · 174 days on market

    Sold Mar 24, 2026 · 86.2% of list

  • 8843 Stoney Hill Rd

    $300,000

    — · — · — · 69 days on market

    Sold Mar 12, 2026 · 85.8% of list

  • 8849 Stoney Hill Rd

    $300,000

    — · — · — · 64 days on market

    Sold Mar 12, 2026 · 85.8% of list

  • 403 Thetis Dr

    $295,000

    — · — · — · 17 days on market

    Sold Feb 27, 2026 · 92.8% of list

More on this listing

Interested in this home?

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