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:44056)

Property Details

Full Address:
550 Arbutus Ave, Duncan, British Columbia
Price:
$ 950,000
MLS Number:
1052305
List Date:
October 14th, 2026
Lot Size:
0.88 ac
Year Built:
1975
Taxes:
$ 8,880

Interior Features

Bedrooms:
4
Bathrooms:
2
Total Rooms:
Lower level
Sunroom
5 x 21 feet
Main level
Living room
15 x 22 feet
Kitchen
7 x 18 feet
Dining room
9 x 9 feet
Bedroom
11 x 13 feet
Bedroom
7 x 11 feet
Entrance
7 x 11 feet
Lower level
Recreation room
14 x 25 feet
Primary Bedroom
12 x 19 feet
Bedroom
14 x 14 feet
Laundry room
8 x 12 feet
Storage
5 x 17 feet
Air Conditioning:
None
Heating:
Forced air, Oil
Fireplaces:
2

Building Features

Architectural Style:
Log house/cabin
Zoning:
Residential
Zoning Detail:
R1
Garage:
Carport
Garage Spaces:
1
Ownership Type:
Freehold
Taxes:
$ 8,880

Floors

Finished Area:
2152 sq.ft.

Land

View:
Ocean view
Lot Size:
0.88 ac
Lot Features:
Wooded area, Other
Water Frontage Type:
Waterfront on ocean

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Dean Innes Personal Real Estate Corporation Sotheby's International Realty Canada
250-686-0279
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Listing Agent(s)

Lead Agent: Dean Innes
Office: Sotheby's International Realty Canada
Originating Board: Victoria Real Estate Board

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