Oceanfront Development Site by Neck Point Park! Perched atop a bluff in the highly sought-after Hammond Bay neighbourhood, this is an extraordinary opportunity to own a 2.046-acre oceanfront parcel with sweeping views into + along the rocky shoreline of Keel Cove. Backing directly onto Neck Point Park, the property provides immediate access to scenic trails + nature, creating a rare combination of privacy, lifestyle, and development potential. Zoned R10, the property is ideal for single-family homes or a carefully clustered townhouse development maximizing ocean vistas while minimizing site disturbance - an increasingly valuable approach in today’s market. For developers, this is a compelling opportunity to deliver a boutique ocean-view project with strong end-user appeal, where design, setting, + exclusivity converge. For those seeking a legacy holding or personal estate, the scale + setting provide a blank canvas to create a truly one-of-a-kind coastal retreat. Also Res MLS 1029591.
Data was last updated May 31, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
114
Avg list price:
$1,079,992
Min list price:
$23
Max list price:
$25,000,000
Avg days on market:
104
Min days on market:
2
Max days on market:
734
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.