
6671 Harwood Dr
$2,950,000
Upper Lantzville
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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3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 5, 2026
Listed $2,950,000
Active24 days on marketMLS 1039358Jun 5, 2026
Listed $2,950,000
Active24 days on marketMLS 1039366Jan 16, 2020
$860,000
Sold10 days on marketMLS 828520
How this listing compares
Based on 39 sales in NanaimoMedian 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 market — 38.8 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.
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Interested in this home?
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