550 Arbutus Ave, Duncan, BC V9L 5X6
550 Arbutus Ave, Duncan, BC V9L 5X6
550 Arbutus Ave, Duncan, BC V9L 5X6
550 Arbutus Ave, Duncan, BC V9L 5X6
550 Arbutus Ave, Duncan, BC V9L 5X6
550 Arbutus Ave, Duncan, BC V9L 5X6
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Louise McGee

Louise McGee

+1(250) 744-0505
Listed by Dean Innes Sotheby's International Realty Canada
$ 950,000
Est. payment | /mo

4 Beds

2 Baths

2,152 SqFt

Save Virtual Tour
$ 950,000
Est. payment | /mo
Save Virtual Tour

4 Beds

2 Baths

2,152 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,152 sqft

Price per Sqft $441

MLS Listing ID 1052305

Style Ground Level Entry With Main Up

Bedrooms 4

Three Quarter Bath 1

HOA Y/N No

Year Built 1975

Annual Tax Amount $8,879

Tax Year 2026

Lot Size 0.880 Acres

Acres 0.88

Property Sub-Type Single Family Residence

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.**

Location

Province BC

County North Cowichan, Municipality Of

Community Du East Duncan

Area Duncan

Zoning R1

Rooms

Kitchen 1

Interior

Heating Forced Air, Oil

Cooling None

Flooring Wood

Fireplaces Number 2

Fireplaces Type Wood Burning

Fireplace Yes

Laundry In House

Exterior

Parking Features Carport, Driveway

Garage Spaces 1.0

Waterfront Description Ocean Front

View Y/N Yes

View Ocean

Roof Type Other,See Remarks

Street Surface Paved

Total Parking Spaces 1

Garage No

Building

Lot Description Walk on Waterfront, Wooded

Foundation Pillar/Post/Pier, Concrete Perimeter

Sewer Septic System

Water Municipal

Architectural Style Log Home

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Land Value Only

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Virtual Tour https://youtu.be/J6zOhJFAmr0

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

Nearby Locations

Louise McGee

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 744-0505

piercymcgeegroup@sothebysrealty.ca

752 Douglas St, Victoria, BC V8W 3M6, CAN

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550 Arbutus Ave