550 Arbutus Avenue

$950,000 | East Duncan, Duncan

About this House

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.**

Lot Features Of 550 Arbutus, East Duncan, Duncan

Walk on Waterfront, Wooded

Listed by Sotheby's International Realty Canada.

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Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Want more info?

Call us at 778.535.5554 or fill out the form below.

MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of BrixWork for Realtors for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.