550 Arbutus Ave, Duncan, BC
$950,000
4
2
2,152
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.**
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Whether you are buying, selling, evaluating your home, or just exploring — we have a tailored path ready for you.
A focused 1-on-1 to map out timing, pricing, and your next move.
Reserve a time SellersA REALTOR-prepared valuation using local sold data and condition adjustments.
Request evaluation SellersInstant ballpark estimate powered by recent Vancouver Island sold data.
Get an instant estimate BuyersTell us your criteria and we will build a focused buying plan and shortlist.
Start your search