A rare opportunity to create a remarkable family estate, vacation retreat, or legacy property on beautiful Protection Island. Offered together, 8 Pirate Place & the waterfront parcel at 137 Pirates Lane combine a custom-built Craftsman home with nearly half an acre of west-facing waterfront, creating an exceptional island lifestyle just minutes from downtown Nanaimo. The home at 8 Pirate Place showcases quality craftsmanship throughout, featuring a covered wrap-around veranda, hardwood floors, stone tile, custom millwork, Italian-inspired archways, vaulted ceilings, dormer windows, and multiple French doors that fill the home with natural light. The gourmet kitchen offers stainless steel appliances, a granite island, & walk-in pantry. Flexible living spaces include a generous recreation room with separate entrance, ideal for guests, a studio, home office, or family room. The primary bedroom features a spacious ensuite & private exterior access, while the upper level offers a loft, three additional bedrooms, & a full bathroom. A detached garage/workshop provides excellent storage & workspace. Enhancing the appeal of this offering is the separate waterfront parcel at 137 Pirates Lane, located across the street from the home. This nearly half-acre lot gently slopes to the shoreline offering beach access, spectacular sunsets, and views across Nanaimo Harbour toward Mt. Benson. The property presents an exceptional opportunity to enjoy waterfront ownership while living comfortably at 8 Pirate Place, or to explore the potential for future development on the waterfront lot. Protection Island offers beaches, parks, community events, tennis & pickleball courts, a community dock, and municipal water, sewer, & fire rescue services. Connected to downtown Nanaimo by passenger ferry, residents enjoy convenient access to Vancouver via Hullo, Harbour Air, Helijet, BC Ferries, & Nanaimo Airport. Protection Island is exempt from the BC Speculation and Vacancy Tax.2 title pkg (id:60457)