Rare urban estate in Nanaimo’s prestigious Lynburn Estates. Situated on a flat 0.84-acre lot with dual-street frontages offering immense future development potential, this magnificent 7, 000+ sqft residence is within walking distance to Departure Bay beach with distant ocean views. The 3, 400+ sqft main level features engineered hardwood, a cathedral foyer, soaring vaulted living room, grand dining room, chef’s kitchen, sunroom, and a lavish primary suite with fireplace & 6-pc radiant-heated ensuite. The upper level adds 800+ sqft with 3 bedrooms & 2 baths. The lower level boasts a 900+ sqft 2-bed, 2-bath legal suite for premium income, plus 1400+ sqft of finished flex. space for a gym, billiards, or wine cellar. Additionally, a massive 800+sqft unfinished enclosed hall with pre-installed soundproofing & ventilation awaits your ideas for a media room or safe room. Massive backyard sports court, high-efficiency footprint & double garage. Grand circular drive. Irreplaceable inherent value!