4 Bedroom
2 Bathroom
2,152 sqft
Log House/cabin
Fireplace
None
Forced Air
Waterfront On Ocean
$950,000
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:63400)
Property Details
|
MLS® Number
|
1052305 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
East Duncan |
|
Features
|
Wooded Area, Other |
|
Parking Space Total
|
1 |
|
Plan
|
Vip26458 |
|
View Type
|
Ocean View |
|
Water Front Type
|
Waterfront On Ocean |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
4 |
|
Architectural Style
|
Log House/cabin |
|
Constructed Date
|
1975 |
|
Cooling Type
|
None |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
2 |
|
Heating Fuel
|
Oil |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,152 Sqft |
|
Type
|
House |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Size Irregular
|
0.88 |
|
Size Total
|
0.88 Ac |
|
Size Total Text
|
0.88 Ac |
|
Zoning Description
|
R1 |
|
Zoning Type
|
Residential |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Sunroom |
21 ft |
5 ft |
21 ft x 5 ft |
|
Lower Level |
Recreation Room |
25 ft |
14 ft |
25 ft x 14 ft |
|
Lower Level |
Primary Bedroom |
19 ft |
12 ft |
19 ft x 12 ft |
|
Lower Level |
Ensuite |
|
|
2-Piece |
|
Lower Level |
Bedroom |
14 ft |
14 ft |
14 ft x 14 ft |
|
Lower Level |
Laundry Room |
12 ft |
8 ft |
12 ft x 8 ft |
|
Lower Level |
Storage |
17 ft |
5 ft |
17 ft x 5 ft |
|
Main Level |
Living Room |
22 ft |
15 ft |
22 ft x 15 ft |
|
Main Level |
Kitchen |
18 ft |
7 ft |
18 ft x 7 ft |
|
Main Level |
Dining Room |
9 ft |
9 ft |
9 ft x 9 ft |
|
Main Level |
Bedroom |
13 ft |
11 ft |
13 ft x 11 ft |
|
Main Level |
Bedroom |
11 ft |
7 ft |
11 ft x 7 ft |
|
Main Level |
Bathroom |
|
|
3-Piece |
|
Main Level |
Entrance |
11 ft |
7 ft |
11 ft x 7 ft |
https://www.realtor.ca/real-estate/30401577/550-arbutus-ave-duncan-east-duncan