$2,495,900
3887 Gulfview Dr
Beds
5
Baths
8
Sqft
—
Year
2019
About this home
Enjoy panoramic ocean views from nearly every room of this stunning modern home, spanning the Winchelsea Islands, Georgia Strait, Coastal Mountains, Neck Point Park, Piper’s Lagoon, Shack Island, Sunshine Coast, and Vancouver Downtown. Perched high above the street in a quiet residential neighbourhood, this custom-built residence offers ultimate privacy and showcases contemporary architecture with open-concept design, over-height ceilings, and glass railings. Boasting approximately 5,107 sq ft of luxurious living across three levels, the home features a great room, dining area, modern kitchen with nook, recreation room, media/theatre room, and five ocean-view decks... including one of Nanaimo’s largest roof-top decks on the top floor, perfect for entertaining large gatherings. The home includes five spacious bedrooms and eight bathrooms, with the four main bedrooms each featuring ensuite baths plus three additional powder rooms. A 652 sq ft legal one-bedroom suite or private guest apartment with separate entry adds flexibility for extended family or rental income. Premium finishes throughout include engineered wood and tile flooring, designer lighting, built-in entertainment cabinetry, K2 Stone exterior accents, two gas fireplaces, a heat pump, forced air and in-floor radiant heating, and an elevator connecting all levels. This remarkable property combines elegance, modern luxury, and functional design. Currently rented for $7,700/month plus utilities and landscaping maintenance, it presents an extraordinary lifestyle opportunity in one of Nanaimo’s most sought-after locations. Call or email Sean McLintock Personal Real Estate Corporation with MAC Real Estate Group - RE/MAX Professionals for additional information 250.729.1766 / sean@seanmclintock.com. (All data, measurements and information should be verified if important to the purchase) (id:65958)
- Subtype
- Single Family
- Architectural style
- Westcoast
- Lot size
- 13,132 square feet
- MLS#
- 1017622
- Area
- NANAIMO
Cash on cash
-11.40%
Cap rate
3.61%
GRM
16.7
Break-even rent
$17,467
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.