Residential

Property Description

Discover a rare five-acre waterfront canvas on the serene shores of Olsen Bay. Currently zoned R1, this expansive property offers a versatile foundation for a premium residential subdivision or a strategic rezoning to multi-family housing. With Ucluelet’s 2026 infrastructure upgrades and the District’s focus on gentle density, this site is perfectly positioned to meet the region’s growing housing demand.
The heavy lifting is already underway: a comprehensive information package - including a 2022 topographical survey and geotechnical report - is available to streamline your due diligence. Whether you envision a private coastal enclave or a multi-unit project that contributes to the community’s growth, this is your chance to shape the future of the Ucluelet Inlet. Seize this unique opportunity to create a stunning waterfront haven or a high-impact investment in one of the West Coast’s most sought-after markets.