<Victoria Real Estate Market> Land located in Malahat & Area: 6695 sf: $749.90k

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Property Details

MLS #:

1034713

Listing Date:

2026-05-08 (Days on Market: 41）

Zoning:

Residential (CD-1)

Listing Price:

$749.90k

Frontage x Depth:

Irregular

Lot Size:

6695 ft²

Address:

197 Marine Dr, Malahat & Area，Cobble Hill Check Map

Assessment:

$498.30k(2026)

Property Tax:

$2717.23 (2025)

Remarks:

The final oceanfront view lot in the Arbutus Ridge. This is a truly vanishing opportunity to secure the last remaining building lot within the award-winning Arbutus Ridge 55+ gated community in Cobble Hill, BC. Set along Marine Dr, this rare high-bank waterfront property captures spectacular views across the Salish Sea’s Satellite Channel to Salt Spring Island & the Saanich Inlet & Peninsula. The property includes building plans for a 4,246 sq ft home & a 3 car garage. The plans embrace the natural slope of the land to maximize views. Beyond the lot itself, Arbutus Ridge is renowned for its exceptional lifestyle & amenities. There is an 18-hole golf course & club, indoor tennis courts & the popular Satellite Bar & Grill. The community includes 24-hr gated security, a village center with seasonal swimming pool, outdoor tennis courts, fitness facilities, woodworking shop, library, games room, art room & other meeting rooms.

Shared Amenities:

Clubhouse Pool Rec Room Recreation Facilities Tennis Court(s) Workshop Area

Services:

Gas Sewer

Lot Features:

Mountain View Waterfront Ocean Cleared Serviced Golf Course Adult-Oriented Neighbourhood Gated Community Marina Nearby

Monthly Fee:

$499/M

Listing Courtesy of RE/MAX Island Properties (DU)

Need more info? Such as its detailed floor plans, title, disclosure statement, zoing restrictions, survey, etc.Please contact Bill Liu directly and he will send you all available info.

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