$950,000
 $5,100 est/mo Sourced by Back At You

550 Arbutus Ave,Duncan, BC V9L5X6

Duncan, BC V9L5X6

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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:13843)

Details

MLS #1052305
Listing TypeFor Sale
StyleHouse
StatusActive
Year1975
Days On Site9
Listing Provided BySotheby's International Realty Canada | Dean Innes

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,152
Car PortYes
ZoningResidential
Acreage0.88
Water FrontYes
Property ViewOcean view

Interior

CoolingNone
HeatingForced air, Oil
Fireplace Yes / NoYes
Fireplaces Total2

Exterior

Lot FeaturesWooded area, Other

Parking

Parking FeaturesCarport
Parking Total1

Taxes

Tax Annual Amount8879.81
Tax Lot1

Area Information

ProvinceBC
CityDuncan
Postal CodeV9L5X6
Listing VS Median (in V9L5X6)
Price:
$950,000
low | high
Med:
$950,000
50% of Average
sqft:
2,152
low | high
Med:
2,152
50% of Average
$ / sqft:
$441
low | high
Med:
$441
50% of Average
On site:
9
low | high
Med:
9
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityDuncan
Postal CodeV9L5X6
Listing VS Median (in V9L5X6)
Price:
$950,000
low | high
Med:
$950,000
50% of Average
sqft:
2,152
low | high
Med:
2,152
50% of Average
$ / sqft:
$441
low | high
Med:
$441
50% of Average
On site:
9
low | high
Med:
9
100% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 12:41:20 PM PDT