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Renanza Realty
For sale

150 Rainbow Cres

Nanaimo, British Columbia

MLS® 1048308

$1,099,000

Status
Active
Property type
House
MLS® number
1048308
Bedrooms
4
Bathrooms
4
Year built
1997

Listing description

Perched in popular Long Lake Heights, this beautifully renovated West Coast-style home offers breathtaking lake and mountain views from nearly every room. Designed to impress, it features three levels of south-facing decks—perfect for morning coffee or hosting guests while taking in the stunning outlook over Long Lake and Mt. Benson.

The main living area is truly striking, with vaulted ceilings, dark hardwood floors, and a feature fireplace that creates warmth and ambiance. The space flows seamlessly into a bright, updated kitchen with white cabinetry, beautiful stone countertops, new appliances, pantry, and an eating nook. Just off the entry, a separate dining room is ideally positioned adjacent to the living area, offering a more formal space for entertaining.

A spacious flex room with its own exterior access, wine room and sauna complete this level. At the top of the curved staircase, the private primary suite feels like a luxury hotel retreat, with a soaker tub overlooking the view, a separate shower room, and its own private deck with incredible lake views. The lower level includes two additional bedrooms with access to a full bath and yet another deck, plus a self-contained 1-bedroom in-law suite with its own deck and separate laundry, ideal for guests or extended stays.

Outside, the low-maintenance yard means you can spend more time enjoying the views and less time on upkeep, no weekends lost to yard work. Visitor parking is conveniently located right across the street for added ease when hosting. Additional highlights include a brand new roof, heat pump and air purification system, level driveway, double garage, and a massive workshop and storage area below.

Quietly tucked away yet centrally located, this unique home offers easy access to shopping, parks, ferry terminals, and downtown amenities. A rare opportunity to own a distinctive property in one of Nanaimo’s most popular neighbourhoods. All measurements are approximate.

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Property summary

MLS® number
1048308
Property type
Single Family
Building type
House
Square footage
3,055 sq ft
Title
Condo/Strata
Land size
5774 square feet
Built in
1997
Annual property taxes
$7,772.00
Parking
4 spaces
Days on market
15 days

Features & details

Heating
Heat Pump, Baseboard heaters, Forced air, Electric
Cooling
Air Conditioned
Lot features
Central location, Hillside, Private setting, Southern exposure, Sloping, Other, Rectangular
Community features
Family Oriented, Pets Allowed
View
Lake view, Mountain view
Waterfront
Waterfront on river
Architectural style
Westcoast
Strata fee
$185 / Monthly

What would this home cost you?

Based on the $1,099,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,113 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Nanaimo Realty (NanIsHwyN), Nanaimo.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.