0.23-acre lot for sale in Nanaimo, BC

$429,900 · Nanaimo, Regional District of Nanaimo, British Columbia · 8 km from Nanaimo

Advertised on Kijiji as “5384 Colbourne Dr Nanaimo, British Columbia”

$429,900Asking price

0.23Acres

$1,872,644/acPrice per acre

near marketAcreScout value check

4% above the median $1,803,913/ac for the 35 lots of similar size in Regional District of Nanaimo.
AcreScout's value model, which compares it with the nearest listings of similar size, rates it near market.
No risk flags found in what we check (flood zones, wetland, access, taxes).
Listed April 26, 2026.
Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).

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Similar-sized land in Regional District of Nanaimo

Listing	Price	Acres	Per acre	Water	Value
0.24-acre lot Nanaimo	$199,900	0.24	$843,764/ac		near market
0.25-acre lot Nanaimo	$369,000	0.25	$1,476,000/ac		near market
0.23-acre lot Nanoose Bay	$374,900	0.23	$1,630,000/ac		near market
0.22-acre lot on a lake Nanaimo	$388,000	0.22	$1,761,835/ac	Lakefront	below market
0.23-acre lot Lantzville	$414,900	0.23	$1,803,913/ac		near market
0.24-acre lot Nanaimo	$549,900	0.24	$2,298,594/ac		above market
0.24-acre lot Nanaimo	$599,900	0.24	$2,499,583/ac		above market
0.24-acre lot Nanaimo	$619,900	0.24	$2,582,917/ac		above market