550 Arbutus Ave, Duncan, BC V9L5X6
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550 Arbutus Ave, Duncan, BC V9L5X6
550 Arbutus Ave, Duncan, BC V9L5X6
550 Arbutus Ave, Duncan, BC V9L5X6
550 Arbutus Ave, Duncan, BC V9L5X6
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Ashley Wilson

Ashley Wilson

+1(604) 803-0334
$ 950,000
Est. payment /mo
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550 Arbutus Ave Duncan, BC V9L5X6

4 Beds

2 Baths

2,152 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2152

Square Footage 2,152 sqft

Price per Sqft $441

Subdivision East Duncan

MLS® Listing ID 1052305

Style Log house/cabin

Bedrooms 4

Year Built 1975

Lot Size 0.880 Acres

Acres 0.88

Property Sub-Type Freehold

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.** (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 21 ft X 5 ft Sunroom

Extra Room 2 Lower level 25 ft X 14 ft Recreation room

Extra Room 3 Lower level 19 ft X 12 ft Primary Bedroom

Extra Room 4 Lower level 2-Piece Ensuite

Extra Room 5 Lower level 14 ft X 14 ft Bedroom

Extra Room 6 Lower level 12 ft X 8 ft Laundry room

Interior

Heating Forced air,

Cooling None

Fireplaces Number 2

Exterior

Parking Features Yes

View Y/N Yes

View Ocean view

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Architectural Style Log house/cabin

Others

Ownership Freehold

Virtual Tour https://youtu.be/J6zOhJFAmr0

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Listed by Sotheby's International Realty Canada

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550 Arbutus Ave

Ashley Wilson

Ashley Wilson

Real Estate Agent

+1(604) 803-0334

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