Welcome to 5581 Norton Rd, a beautiful 1.7 acre ocean view lot with 2 homes a business and development potential. The larger home is a custom built 4600 sq/ft built in 1999 and features expansive views of the Salish Sea, the smaller home is a 1300 sq/ft A frame. The property is nestled in one of Nanaimo's nicest communities, with lots of amenities and parkland surrounding the property. The property is on a gradual slope with the larger home on the upper portion of the property, this home has a fully functioning childcare which has been in business for over 20 years, the smaller home is on the lower portion of the property which has frontage onto Hammond Bay Rd. a development of either 8 townhouses or 4 single family homes has been proposed on the portion of the lot with the smaller A frame. Book your showing today for an opportunity to own this incredible legacy property which has never been previously offered for sale.
Data was last updated March 22, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$949,900
Min list price:
$432,000
Max list price:
$2,269,000
Avg days on market:
61
Min days on market:
1
Max days on market:
261
Avg price per sq.ft.:
$381.42
These statistics are generated based on the current listing's property type
and located in
Na Hammond Bay. Average values are
derived using median calculations.