550 Arbutus Ave, Duncan, BC V9L 5X6
- $950,000
- 4
- BD
- 2
- BA
- 2,152
- SqFt
Courtesy of Sotheby's International Realty Canada
- List Price
- $950,000
- Status
- ACTIVE
- Bedrooms
- 4
- Sq. Ft
- 2,152
- Acres
- 0.88
- Year Built
- 1975
- Subdivision
- Du East Duncan
Property Description
An exceptional opportunity to secure 0.88 acres of oceanfront property in beautiful Maple Bay on Vancouver Island. The property features an older two-level log cottage built in 1975, requiring substantial renovation or removal. The value lies primarily in the waterfront land, with the potential to create a spectacular private estate. The steep terrain and site constraints will require significant investment in site preparation, waterfront access and future construction. Priced at $950,000, nearly $500,000 below the 2026 BC Assessment of $1,418,000, the offering reflects the property's condition, redevelopment potential and current market realities. For those with vision, this is a rare opportunity to secure a legacy oceanfront property in a beautiful West Coast setting. **Caution: The property has steep terrain. Exercise extreme care when viewing. The exterior deck is unsafe and must not be accessed.**
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Additional Information
- Style
- Log Home
- Lot Size
- 38,333
- Lot Features
- Walk on Waterfront, Wooded
- Fireplaces
- 2
- Fireplace Type
- Wood Burning
- Parking Type
- Carport, Driveway
- Heating
- Forced Air, Oil
- Cooling
- None
- Office Name
- Sotheby's International Realty Canada
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