A very Special 2.55 Acre Potential Development Opportunity, for an Innovative developer with time and motivation. OCP suggests higher density, (with rezoning) The one of a kind character log home built in the 1940's. can be cleaned and rented while the potential is examined, and brought to fruition. The value is definitely in the LAND. After approval is obtained to rezone and subdivide, with selective tree removal and building sites strategically located, water views over Cordova Bay may be achieved. The log house itself is a manageable Two bedrooms, den and 4 piece bath. Excellent potential opportunity for multiple lots if rezoned. Potential second access from Guy Place if land purchased from The Municipality of The District of Saanich. PLEASE DO NOT WALK THE PROPERTY WITHOUT AN APPROVED APPOINTMENT. Viewings restricted from 10AM to 4PM only. Any early offers will be presented Sept 6 at Noon.
Data was last updated August 26, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$1,550,000
Min list price:
$299,000
Max list price:
$5,690,000
Avg days on market:
57
Min days on market:
5
Max days on market:
345
Avg price per sq.ft.:
$730.09
These statistics are generated based on the current listing's property type
and located in
SE Cordova Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.