About 550 Arbutus Ave
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.**
Features of 550 Arbutus Ave
| MLS® # | 1052305 |
|---|---|
| Price | $950,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 2,152 |
| Acres | 0.88 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Style | Log Home |
| Status | Active |
Community Information
| Address | 550 Arbutus Ave |
|---|---|
| Area | Du East Duncan |
| City | Duncan |
| County | North Cowichan, Municipality of |
| Province | BC |
| Postal Code | V9L 5X6 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Carport, Driveway |
| View | Ocean |
| Is Waterfront | Yes |
| Waterfront | Ocean |
| Has Pool | No |
Interior
| Heating | Forced Air, Oil |
|---|---|
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
Exterior
| Roof | Other, See Remarks |
|---|---|
| Construction | Log, Wood |
| Foundation | Pillar/Post/Pier, Poured Concrete |
Additional Information
| Date Listed | October 14th, 2026 |
|---|---|
| Zoning | R1 |
Listing Details
| Office | Sotheby's International Realty Canada |
|---|