5771 Malibu Terr, Nanaimo
Nestled on a quiet road in one of North Nanaimo's most desirable neighbourhoods, this spacious 3,050 Sq. Ft. home offers ocean views, a versatile layout, abundant storage, and a large one-bed in-law suite. With multiple living spaces and room for the whole family, this home combines comfort, functionality, and an excellent location. The main level welcomes you with a generous entryway and a bedroom featuring built-in cabinetry and a charming window seat. This space could also serve as an ideal home office, reading room, or hobby space. Throughout the home, you'll appreciate the thoughtful layout and the abundance of storage options that make day-to-day living easy and organized. Upstairs, the bright main living area features beautiful bamboo flooring, a cozy gas fireplace, and an open-concept design that connects the kitchen, dining, and living spaces. Large windows bring in natural light, while glimpses of the ocean from the kitchen and living room add to the home's coastal appeal. Step outside to the front deck to enjoy the views, or retreat to the rear deck overlooking the fully fenced backyard, creating the perfect setting for entertaining, summer barbecues, or relaxing outdoors. The oversized one-bedroom in-law suite offers exceptional flexibility for extended family, guests, or rental income. Shared laundry access adds convenience while maintaining separation between the living areas. Over the years, the home has benefited from numerous updates, including flooring, bathrooms, interior and exterior paint, a new hot water tank, and the addition of a heat pump for efficient year-round comfort. The low-maintenance, fully fenced yard is ideal for children and pets while requiring minimal upkeep. Located close to schools, parks, shopping, restaurants, and all of North Nanaimo's amenities, this well-maintained home offers ocean views, ample storage, flexible living options, and excellent suite potential in a sought-after neighbourhood. (id:1945)
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Property details for 5771 Malibu Terr, Nanaimo
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 3,051 square feet
- Lot Size
- 6526
- Parking
- Garage, RV
- Heating
- Heat Pump, Forced air, Electric, Natural gas
- Cooling
- Air Conditioned
- Ownership
- Freehold
- Annual Taxes
- $6,023
Nearby Listings Stat
Estimated price and comparable properties near 5771 Malibu Terr
Active Listings
17
Min Price
$830,000
Max Price
$1,338,000
Avg Price
$981,865
Days on Market
41
days
Sold Listings
11
Min Sold Price
$839,000
Max Sold Price
$1,200,000
Avg Sold Price
$989,881
Days until Sold
87
days
Neighbourhood Census Data
Nanaimo, British Columbia / Colombie-Britannique
Population
2,059
Median Age
46.2
Median Income
$37,427
Dwelling Value
$473,847
Housing Tenure
Owners 79%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 1,530.5/km²
Avg Shelter Cost: $1,220/mo
Owners with Mortgage: 57.7%
Owners Spending 30%+: 13.2%
Tenants Spending 30%+: 37.1%
English only: 92.5%
English and French: 6.6%
Neither: 1.2%
Median Household Income: $83,520
Median Employment Income: $30,784
Price History
Listed
September 9, 2026
by 460 Realty Inc. (NA)
Current Price
$949,900
-2.1% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $949,900 | $20,000 (-2.1%) |
| Sep 9, 2026 | $969,900 | $19,100 (-1.9%) |
| Aug 24, 2026 | $989,000 | Listed |
