137 Pirates Lane
Protection Island, BC V9R6R1
$1,548,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.66 acres
- Zoning
- Residential
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,555
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 5-Piece |
| Bedroom | Second level | 10'6 x 10'9 |
| Bedroom | Second level | 10'9 x 12'0 |
| Bedroom | Second level | 11'8 x 14'3 |
| Loft | Second level | 12'5 x 14'5 |
| Bathroom | Main level | 2-Piece |
| Ensuite | Main level | 5-Piece |
| Primary Bedroom | Main level | 13'0 x 14'3 |
| Entrance | Main level | 6'8 x 7'0 |
| Kitchen | Main level | 13'6 x 14'3 |
| Recreation room | Main level | 19'0 x 19'6 |
| Dining room | Main level | 14'3 x 14'3 |
| Great room | Main level | 14'3 x 20'0 |
Listing Information
- MLS®
- 1040799
- Listed
- June 18, 2026
- Time on market
- On the market for 74 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. (Nanaimo) · Data source: CREA DDF.
Description
A rare opportunity to create a remarkable family estate, vacation retreat, or legacy property on beautiful Protection Island. Offered together, 8 Pirate Place & the waterfront parcel at 137 Pirates Lane combine a custom-built Craftsman home with nearly half an acre of west-facing waterfront, creating an exceptional island lifestyle just minutes from downtown Nanaimo. The home at 8 Pirate Place showcases quality craftsmanship throughout, featuring a covered wrap-around veranda, hardwood floors, stone tile, custom millwork, Italian-inspired archways, vaulted ceilings, dormer windows, and multiple French doors that fill the home with natural light. The gourmet kitchen offers stainless steel appliances, a granite island, & walk-in pantry. Flexible living spaces include a generous recreation room with separate entrance, ideal for guests, a studio, home office, or family room. The primary bedroom features a spacious ensuite & private exterior access, while the upper level offers a loft, three additional bedrooms, & a full bathroom. A detached garage/workshop provides excellent storage & workspace. Enhancing the appeal of this offering is the separate waterfront parcel at 137 Pirates Lane, located across the street from the home. This nearly half-acre lot gently slopes to the shoreline offering beach access, spectacular sunsets, and views across Nanaimo Harbour toward Mt. Benson. The property presents an exceptional opportunity to enjoy waterfront ownership while living comfortably at 8 Pirate Place, or to explore the potential for future development on the waterfront lot. Protection Island offers beaches, parks, community events, tennis & pickleball courts, a community dock, and municipal water, sewer, & fire rescue services. Connected to downtown Nanaimo by passenger ferry, residents enjoy convenient access to Vancouver via Hullo, Harbour Air, Helijet, BC Ferries, & Nanaimo Airport. Protection Island is exempt from the BC Speculation and Vacancy Tax.2 title pkg (id:63159)
Values & Trends
This listing
$593/sqft
Building average
—
No other active listings in this building
Protection Island average
$637/sqft
11 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Nanaimo
13°C
Partly Cloudy
Humidity 88%
Wind WSW 2 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Pauline Haarer Elementary | Elementary | 1.9 km |
| Brechin Elementary | Elementary | 2.6 km |
| Bayview Elementary | Elementary | 2.9 km |
| Fairview Elementary | Elementary | 2.9 km |
| Georgia Avenue Elementary | Elementary | 3.4 km |
| Oceane | Elementary | 3.4 km |
| Secondaire de Nanaimo | Secondary | 3.5 km |
| Nanaimo District Secondary | Secondary | 3.5 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (5+)
- Captain Morgan Park · 174 Pirates Lane104 m
- Underwear Island167 m
- Captain Flint Park · 153 Captain Morgans Boulevard211 m
- Smugglers Park · 86 Captain Morgans Boulevard372 m
- Captain Hook Park · 49 Captain Morgans Boulevard419 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
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Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.