Lot 2 Dempsey Rd, Gabriola Island
Rare opportunities like this come along once in a generation. Perched at the highest point on Gabriola Island, this exceptional 26.7 acre estate offers a fully serviced, ready to build homesite with sweeping, unobstructed views across Northumberland Channel, the Gulf Islands, and out to the Olympic Peninsula. Set safely back from a dramatic 300 foot cliff, the cleared building site captures stunning vistas of sailboats, killer whales, and eagles riding the thermals, while the property itself is divided by Dempsey Road into two distinct sections - one offering gently sloped forest with potential sea views, and the other delivering the dramatic cliffside outlook with guaranteed privacy. The land is fully accessible on both sides, with a lower bench adding further potential. Adding significant value, an annual foreshore lease generates more income than the property taxes, while a 250 foot well, 200 amp service, septic system and cistern are already in place, allowing you to skip the usual development challenges and begin designing your dream home right away! (id:1945)
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Property details for Lot 2 Dempsey Rd, Gabriola Island
- Type
- Lots and Land
- Lot Size
- 26.71
- Parking
- Open
- Ownership
- Freehold
- Annual Taxes
- $3,462
Nearby Listings Stat
Estimated price and comparable properties near Lot 2 Dempsey Rd
Active Listings
30
Min Price
$150,000
Max Price
$1,749,000
Avg Price
$595,580
Days on Market
133
days
Sold Listings
8
Min Sold Price
$219,900
Max Sold Price
$699,900
Avg Sold Price
$354,575
Days until Sold
191
days
Neighbourhood Census Data
Nanaimo B, British Columbia / Colombie-Britannique
Population
841
Median Age
58.4
Median Income
$24,000
Dwelling Value
$340,886
Housing Tenure
Owners 89%
Renters 13%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 158.8/km²
Avg Shelter Cost: $772/mo
Owners with Mortgage: 53.2%
Owners Spending 30%+: 26.9%
Tenants Spending 30%+: 63.6%
English only: 89.9%
English and French: 10.1%
Median Household Income: $43,904
Median Employment Income: $16,064
Price History
Listed
August 13, 2026
by Landquest Realty Corporation
Current Price
$699,000
-6.8% from last change
Type
Lots and Land
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $699,000 | $50,900 (-6.8%) |
| Oct 10, 2026 | $749,900 | Listed |
Contact Agent Get in touch about Lot 2 Dempsey Rd, Gabriola Island
Sam Hodson
Landquest Realty Corporation
