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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.**

4 Beds ⋅ 2 Baths ⋅ 1052305 MLS

550 Arbutus Ave, Duncan

Courtesy of Sotheby's International Realty Canada

$935,000

Now just $935,000- Rare Oceanfront opportunity in stunning Maple Bay by Sansum Narrows close to Stoney Hill Regional Park- one of the best 3 km trails with the most spectacular views on the Island. Over 1.3 Acres of privacy, trees and an incredible 120 feet of low bank on your own beech. Looking over the Ocean at Saltspring Island from your deck you will be immersed with tranquility and nature all around you. Upgraded 200 amp electrical service to the property for future plans. Upgraded water filtration systems. Driveway improvements. Currently you will find a quaint but modern 480 sq ft 1 bed 1 bath cottage with Woodstove, a large balcony and deck. Bring your ideas or see the sketches from a local builder for your dream home on your own little piece of paradise. Includes your own dock/private moorage. The possibilities are endless. Close enough to Maple Bay Marina, Genoa Bay and Restaurants and Pubs but also far enough away to relax, a must see.

1 Beds ⋅ 1 Baths ⋅ 1043281 MLS

8873 Stoney Hill Rd, Duncan

Courtesy of eXp Realty

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