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6671 Harwood Dr

$2,950,000

Upper Lantzville

Land— · — · —24 days on market

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About this home

Rare development opportunity in highly desirable Upper Lantzville. This prime 5.96-acre property has been largely cleared and offers municipal services at the lot line with excellent frontage on Harwood Drive. Extensive planning, due diligence, and entitlement work is already complete, positioning the site well ahead of typical early-stage opportunities and enabling a streamlined path to execution. The standout advantage is the R8-zoned Lot A frontage along Harwood Drive, which supports a smart phased development strategy that can proceed independently: Start with 14 high-end patio homes on the R8 portion for early revenue generation and strong cash flow, then deliver 9 single-family strata lots on the R1/R2 balance in subsequent phases. This creates an efficient, financeable, lower-risk approach aligned with strong local demand for quality ground-oriented housing in one of Vancouver Island’s most supply-constrained markets. Key completed items include rezoning (R1/R2/R8), environmental and wetland assessments, stormwater management plan (updated February 2026), RAPR approval, survey, and park dedication satisfaction. Development Permit (DP) documentation is fully prepared and ready to submit, with community amenity contributions already made. An existing ~2,100 SF tenanted home provides potential interim income during early phases. An optional larger-scale opportunity exists with the adjacent property at 6685 Harwood Road. The adjacent property owners have expressed interest in a potential sale, which could enable a combined ~34-unit vision if acquired. However, the subject property delivers via the phased R8 lot, robust standalone value and development flexibility without requiring assemblage. This is a rare chance to secure well-advanced development land in a high-growth corridor. NDA required for qualified developers. Contact listing agents for the full confidential package. (id:65179)

Property details

From the listing's public record.

Lot size

5.96 acres

Taxes

$0/yr

Zoning

Residential

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jun 5, 2026

    Listed $2,950,000

    Active24 days on marketMLS 1039358
  2. Jun 5, 2026

    Listed $2,950,000

    Active24 days on marketMLS 1039366
  3. Jan 16, 2020

    $860,000

    Sold10 days on marketMLS 828520

How this listing compares

Based on 39 sales in Nanaimo

Median sold

$410,000

Avg days on market

141 days

Avg sale-to-list

96.8%

Avg $/sqft

Current market in Nanaimo

Active (same type)

126

Pending

3

All active listings

926

Months of supply

38.8

Buyer's market38.8 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,100,000

Homes in Nanaimo sell at 93.6% of assessed value on average.

Based on 33 recent sales.

Recent nearby sales

12 sales
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    Sold May 28, 2026 · 103.9% of list

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    — · — · — · 22 days on market

    Sold May 22, 2026 · 92% of list

  • Lot 1 Fawcett Rd

    $360,000

    — · — · — · 32 days on market

    Sold May 11, 2026 · 90% of list

  • 2316 Sparrow Lane

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    Sold Apr 30, 2026 · 99.8% of list

  • 510 Vancouver Ave

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    Sold Apr 29, 2026 · 83.9% of list

  • 5356 Dewar Rd

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    Sold Apr 27, 2026 · 100% of list

  • 3104 Elsie Lake Cir

    $260,000

    — · — · — · 57 days on market

    Sold Apr 16, 2026 · 93.2% of list

  • 2300 Sparrow Lane

    $395,000

    — · — · — · 456 days on market

    Sold Apr 8, 2026 · 98.8% of list

  • 4848 Dixon Lane

    $420,000

    — · — · — · 238 days on market

    Sold Apr 2, 2026 · 96.6% of list

  • 2131 Henderson Lake Way

    $239,000

    — · — · — · 86 days on market

    Sold Mar 27, 2026 · 100% of list

More on this listing

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