550 Arbutus Ave | $950,000 | MLS® 1052305
Jack Sherrod Agent Photo
Jack
Sherrod
C. (250) 858-5988
 P. (250) 385-2033
 Phone Jack jacksherrod.com
Newport Realty Ltd.
1144 Fort St
 Victoria, BC
 Canada V8V 3K8
MLS® 1052305

Details

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Years (35 year max)
Years



Address 550 Arbutus Ave
AreaDuncan
Sub AreaEast Duncan
Postal CodeV9L 5X6
State/ProvinceBritish Columbia
CountryCanada
Price$950,000
Property TypeSingle Family
Bedrooms4
Bathrooms2
Floor Space2152 Square Feet
Lot Size38333.00 Square Feet
WaterfrontYes
Year Built1975
ParkingCarport, Driveway
Parking Spaces1
Taxes $8,879
Tax Year2026
MLS® #1052305

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.**

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

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About

Originally from Lubbock, Texas, Jack moved to Victoria with his family in 2006. He attended St. Michaels University School and University of Victoria before completing his education at UBC.
Jack worked at a small, family owned business for several years specializing in equestrian based therapy. He started as a farmhand for 15 horses, and worked his way up to assisting clients with disabilities. The skills and work ethic he developed in this field were invaluable, and he loved the opportunity to create rewarding client relationships. Jack comes from a long line of real estate investors and salespeople, and learned from a young age that sales should revolve around serving others and solving problems.
Upon receiving his real estate license, Jack became a full-time student of the real estate industry, and is devoted to continuous education, training, and improvement, with the goal of providing outstanding quality services and a unique perspective.
Jack carries an attitude of gratitude with him in all aspects of his business, and feels fortunate to get the opportunity to develop valuable and long-lasting relationships with those that trust him.