
431 Thetis Dr
$374,900
Ladysmith
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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
Lot
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Mar 25, 2026
Listed $374,900
Active96 days on marketMLS 1030002Mar 7, 2025
Listed $374,900
Expired92 days on marketMLS 991268Aug 21, 2024
Listed $374,900
Expired92 days on marketMLS 973804Dec 17, 2021
$325,000
Sold185 days on marketMLS 876262
How this listing compares
Based on 41 sales in DuncanMedian 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 market — 24.6 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 salesLot 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
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.