- Active
4842 Dixon Lane
Lantzville · Vacant Land
- Lot size
- 12,197 ft²
Listed by Royal LePage Nanaimo Realty (NanIsHwyN) · MLS® 1032338
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Sign inAbout this home
Backed by a serene forested ridge and boasting southern exposure, this fully serviced, build-ready lot sits in Lantzville’s Village at the Foothills, moments from the proposed site of the future Upper Village. The perfect setting for your dream home, this 0.28-acre lot is flatter and slopes down at the bottom edge, ideal for a main-level-entry house with a walkout basement. This configuration allows for bright, functional living spaces and seamless indoor-outdoor flow, a natural fit for the Foothills lifestyle. Designed with the active, outdoor enthusiast in mind, more than a marketing slogan in this case, securing this lot truly will afford you nature and recreation at your back door. The 1,800+ acre master-planned lifestyle community features more than 1,100 acres of protected parkland, including over 22 km of trails for hikers and bikers, 5 rock climbing areas, and 10 public viewpoints to take in the captivating ocean and mountain views. Even better, you will be conveniently situated just minutes from North Nanaimo, featuring Vancouver Island’s largest shopping centre, big box stores, and some of Central Vancouver Island’s best dining options. Part of a limited release of building lots within the Village at The Foothills subdivision, act now to secure this prime lot and the unparalleled lifestyle reserved for those fortunate enough to call The Foothills home. Data and measurements have been obtained from the Disclosure Statement and are approximate, subject to change, and should be verified if important. Price + GST.
Home facts
- Lot size
- 12,197 sq ft
- Parking
- 2
- Property type
- Vacant Land
- Area
- Upper Lantzville
- Listed
- April 16, 2026
- PID
- 032-407-521
- Common interest
- Condo/Strata
Highlights
- Mountain view
Features and inclusions
- Community
- Family Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,061
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,336
Purchase snapshot
- List price
- $434,900
- Down payment
- $86,980 (20%)
- Estimated mortgage
- $347,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,018
- At 4.6395 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,120 a month
- Gross yield
- 3.1%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 26%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.