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51 Lake Heights Pl

$2,488,000

Pleasant Valley

Detached3 bd · 3 ba · 3,738 sqftBuilt 1972$666/sqft12 days on market

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About this home

Unbeatable lakefront living in the City of Nanaimo! This home is a one-of-a-kind, renovated 3 Bedroom, 3 Bathroom luxury property sprawled over 3738 sqft. of living space, with over 1,300 sqft of garage & storage. The interior of the home is grand with 12' ceiling in the living room, rustic, refined wood floors throughout, multiple gas fireplaces, a chef's dream kitchen equipped with custom Decor appliance package, including a 42'' gas range. The elegant main level primary bedroom is massive, featuring 10' celling, a gas fireplace, deck access & laundry in the unique ensuite. Step out to the sunny, main level deck with 80 year old growth fir decking, lounge area w/ gas fireplace & lower level access. Take in the fantastic views overlooking the gas heated salt pool, manicured yard, Green Lake & fabulous sunsets. Downstairs features 2 more bedrooms including another large primary-style suite with outside access. Plenty of storage, a fun Rec. room for entertaining and access to a spacious lower level, covered, exterior entertaining area. Located in the City of Nanaimo on .71 acres gently sloping down to Green Lake. Outdoor enthusiast will love the lakefront lifestyle - cast your fishing rod from your own dock, take in the stunning views of the beautifully manicured property & relax in your 20'x40' natural gas heated, salt water, ICF pool! Extra features include a low maintenance metal roof, rare higher end siding, heat pump with A/C, two double garages for ample parking and storage, power blinds, wired for sound everywhere, built-in vacu-flow system in wall, 2 Hot Water Tanks, custom light fixtures & furniture (which may be available), privacy galore in a quite area but right next city amenities. (id:65179)

Property details

From the listing's public record.

Lot size

0.67 acres

Year built

1972

Taxes

$9,286/yr

Zoning

Multi-Family

View

Lake viewMountain view

Waterfront

Waterfront on lake

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

Heat PumpForced airNatural gas

Cooling

Fully air conditionedAir Conditioned

Lot

Central locationPark settingPrivate settingSouthern exposureCorner SiteIrregular lot sizeMoorage

Price history

5 records

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

  1. Jun 17, 2026

    Listed $2,488,000

    Active12 days on marketMLS 1038049
  2. Jul 15, 2015

    $533,750

    Sold5 days on marketMLS 699037
  3. Jun 24, 2014

    Listed $549,900

    Expired37 days on marketMLS 675602
  4. Jan 31, 2014

    Listed $569,900

    Cancelled165 days on marketMLS 660785
  5. Oct 9, 2013

    Listed $614,900

    Cancelled173 days on marketMLS 653839

How this listing compares

Based on 50 sales in Pleasant Valley

Median sold

$790,000

Avg days on market

41 days

Avg sale-to-list

99%

Avg $/sqft

$432

Price per square foot

This home: $666/sqftArea average: $432/sqft

Above area average

Current market in Pleasant Valley

Active (same type)

11

Pending

5

All active listings

32

Months of supply

2.6

Seller's market2.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,352,000

Homes in Nanaimo sell at 103.3% of assessed value on average.

Based on 1116 recent sales.

Local price trend

How Pleasant Valley has moved over the last decade.

5984110Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
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    3 bd · 2 ba · 1,443 sqft · $535/sqft · 13 days on market

    Sold Jun 15, 2026 · 98.9% of list

  • 5640 Arnhem Terr

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    4 bd · 2 ba · 2,548 sqft · $277/sqft · 22 days on market

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  • 5225 Kaitlyns Way

    $710,000

    3 bd · 2 ba · 1,990 sqft · $357/sqft · 35 days on market

    Sold Jun 4, 2026 · 99.6% of list

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    3 bd · 2 ba · 1,329 sqft · $508/sqft · 10 days on market

    Sold May 20, 2026 · 100% of list

  • 5542 Tulip Pl

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    4 bd · 2 ba · 2,589 sqft · $322/sqft · 21 days on market

    Sold May 19, 2026 · 98.2% of list

  • 5524 Avro Way

    $949,000

    5 bd · 4 ba · 2,572 sqft · $369/sqft · 17 days on market

    Sold May 15, 2026 · 99.4% of list

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    $890,000

    3 bd · 2 ba · 1,646 sqft · $541/sqft · 10 days on market

    Sold May 7, 2026 · 102.5% of list

  • 6636 Jenkins Rd

    $775,000

    2 bd · 2 ba · 1,824 sqft · $425/sqft · 15 days on market

    Sold Apr 30, 2026 · 100% of list

  • 508 Doreen Pl

    $1,058,000

    6 bd · 4 ba · 2,620 sqft · $404/sqft · 66 days on market

    Sold Apr 29, 2026 · 99.8% of list

  • 5224 Sherbourne Dr

    $700,000

    3 bd · 1 ba · 1,248 sqft · $561/sqft · 8 days on market

    Sold Apr 16, 2026 · 100% of list

  • 5768 Quarry Cres

    $819,900

    2 bd · 2 ba · 1,370 sqft · $598/sqft · 11 days on market

    Sold Apr 16, 2026 · 100% of list

More on this listing

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