Great Opportunity in Pleasant Valley – Huge Corner Lot, in-law suite, R5 Zoning..... Welcome to 5687 Big Bear Ridge a de-registered mobile home offering a 2-bedroom, 2-bathroom main residence plus a separate 2-bedroom, 1-bathroom additional accommodation, all on a spacious 15,330 sqft corner lot in Nanaimo’s desirable Pleasant Valley. Zoned R5, this is an excellent holding property with services nearby and strong future development potential. The home features a newer roof, gas furnace, hot water on demand, and a pellet stove for efficient heating. This property offers flexible living arrangement, ideal for extended family, rental income, or a live-in-and-rent-out setup. All measurements are approximate and should be verified if important.
With solid bones and just a bit of exterior cleanup, this property represents fantastic value in a growing neighbourhood. Whether you're looking to live, invest, or hold for future opportunities, this is one you don’t want to miss.
Data was last updated July 17, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$675,000
Min list price:
$177,000
Max list price:
$2,198,000
Avg days on market:
38
Min days on market:
1
Max days on market:
611
Avg price per sq.ft.:
$418.8
These statistics are generated based on the current listing's property type
and located in
Na Pleasant Valley. Average values are
derived using median calculations. This data is not produced by the MLS® system.