Partial lake views and R5 zoning allowing for up to 4 units make this private Pleasant Valley property a rare opportunity. Nestled on a large, treed lot with excellent privacy from the road, this home offers both peaceful living and outstanding future potential. Located just minutes from Brannen Lake, shopping, schools, and everyday amenities, this property combines convenience with a serene natural setting. Large lots like this in the heart of the city rarely come available — an exceptional opportunity for homeowners, investors, or developers alike. All measurements approximate; verify if important. (id:60457)

Room Type	Level	Dimensions

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Date	Status	Price	Change

Rate

Provider

Payment

3.79%

Coast Capital

$2,596

4.09%

Manulife

$2,691

4.19%

CIBC

$2,723

4.39%

National Bank

$2,787

4.49%

BMO

$2,820

4.59%

RBC

$2,853

4.59%

$2,853

4.84%

CWB

$2,935

5.59%

Community Trust

$3,188

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Pricing
Asking Price	$699,900
Price per Floor SqFt

More Details
Additional Info
Hidden Field
Private Data

Year	Land	Impr.	Total	YoY%
2026	$455,000	$77,200	$532,200	+8.5%
2024	$445,000	$45,600	$490,600	-2.4%
2023	$460,000	$42,800	$502,800	+11.5%
2022	$413,000	$38,100	$451,100	+18.6%
2021	$298,000	$82,400	$380,400	+35.8%
2020	$243,000	$37,200	$280,200	-

Year	Land	Impr.	Total	YoY%	Taxes

Asking Price:	$545,000
Listing Date:	2026-Mar-05
Maint. Fee:	-
Bedrooms:	3
Bathrooms:	2
Floor Area:	930 sqft
Price / SqFt:	$586
Age:	53 years
Land Size:	0.33 ac. (14,374 sqft)
Days on Market:	80
MLS® Number:	1025335
Distance:	781 m

Property Photos

5676 Big Bear Ridge, Nanaimo, BC V9T 2K2

5676 Big Bear Ridge, Nanaimo, BC V9T 2K2

Description

Property Details

Room Information

See this home in person

Pricing Estimate

MLS® Pricing History

Assessment History

Borhan Farjoo

Borhan Farjoo

Schools

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Schools

Asking Price:	$729,000
Listing Date:	2026-Apr-02
Maint. Fee:	-
Bedrooms:	3
Bathrooms:	2
Floor Area:	1,204 sqft
Price / SqFt:	$605
Age:	47 years
Land Size:	0.11 ac. (5,001 sqft)
Days on Market:	53
MLS® Number:	1030729
Distance:	1.7 km

Asking Price:	$588,000
Listing Date:	2026-May-12
Maint. Fee:	-
Bedrooms:	2
Bathrooms:	1
Floor Area:	960 sqft
Price / SqFt:	$613
Age:	79 years
Land Size:	0.17 ac. (7,350 sqft)
Days on Market:	13
MLS® Number:	1036118
Distance:	2.6 km

Asking Price:	$709,900
Listing Date:	2026-Mar-26
Maint. Fee:	-
Bedrooms:	3
Bathrooms:	2
Floor Area:	1,113 sqft
Price / SqFt:	$638
Age:	40 years
Land Size:	0.17 ac. (7,485 sqft)
Days on Market:	60
MLS® Number:	1030015
Distance:	6.2 km

Asking Price:	$535,000
Listing Date:	2026-Apr-29
Maint. Fee:	-
Bedrooms:	2
Bathrooms:	2
Floor Area:	1,127 sqft
Price / SqFt:	$475
Age:	77 years
Land Size:	0.24 ac. (10,512 sqft)
Days on Market:	26
MLS® Number:	1033838
Distance:	6.7 km