Single Family Residence home located in Duncan
MLS #1052305
Listed by Sotheby's International Realty Canada
- Built in: 1975
- Type: Residential
- Style: Log Home,
- Cooling: None,
- Heating: Forced Air, Oil,
- Fireplaces: 2
- Basement: Finished, Full,
- Foundation Details: Pillar/Post/Pier, Concrete Perimeter,
- Lot Size: 0.88 acres
- Total Parking: 1
- Parking Features: Carport, Driveway,
- Features: Walk on Waterfront, Wooded,
- View: Array
- Zoning: R1
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.**