Description
Rare lake views and exceptional versatility in Cinnabar Valley! Perched on a quiet no-thro street, this elevated home captures panoramic views of Richardson Lake and the valley.
Featuring a highly rentable lower level with great mortgage-helper potential, the layout offers smart flexibility and the potential for up to 3 separate entrances for ultimate privacy.
The upper floor has Brazilian hardwood, an updated kitchen, a gas fireplace, 3 beds/1 bath, and a bright covered deck with a custom metal/clear-panel roof for year-round relaxation. The walk-in lower level adds 2 bds/2 bths, a family room with a wood stove, a flex room, 2 wet bars for easy cooking, and 2 laundry sets.
Beat hot summers with a Daikin central A/C heat pump. Upgrades: 200-amp underground power, R-40 attic insulation, 2019 roof, vinyl windows. ~13 mins to VIU; 14–18 mins to Hullo, Duke Point & Departure Bay ferries!
Highlights: Parking: RV space + large multi-vehicle area. Outdoor: Fully fenced, large backyard.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1048508 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Chase River |
| Postal Code | V9X 1B5 |
| Property Taxes | $5,762.45 (2025) |
| Parking Total | 5 |
| Facing | East |
| Water | Municipal |
| Sewer | Septic System,Sewer To Lot |
| Heating | Forced Air,Heat Pump,Natural Gas |
| Cooling | Air Conditioning |
| Fireplaces | 2 |
| Fireplace Type | Gas,Wood Stove |
| Appliances | Dishwasher,Dryer,Oven/Range Electric,Range Hood,Refrigerator,Washer |
| Exterior Features | Balcony/Deck,Fencing: Full |
| Construction | Stucco & Siding |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Full |
| Laundry | In House |
| Listed Date | Sep 3, 2026 |
| Ownership | Freehold |
| Lot Size | 0.44 acres |
Open Houses
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 5-Piece | |
| Bedroom | Main level | 12 ft x Measurements not available | |
| Bedroom | Main level | 13\'3 x 10\'1 | |
| Dining room | Main level | 9\'9 x 10\'2 | |
| Kitchen | Main level | 10\'4 x 12\'3 | |
| Living room | Main level | 13 ft x Measurements not available | |
| Primary Bedroom | Main level | 13 ft x 13 ft |
Building Details
Additional Information
| View | Lake view, Valley view |
| Land Size | 19075 sqft |
| Building Type | House |
| Interior Size | 2320 sqft |
| Transaction | For sale |