Don’t miss the rare opportunity of endless possibilities that this 1.5-acre prime frontage parcel located in the flourishing seaside community of Mill Bay has to offer. Just steps from shops, restaurants, bank, groceries, marina, ferry access, and Brentwood College, this property is perfectly positioned for both residential and commercial potential. Currently zoned R3 residential, its exceptional frontage on three roads—including the Trans Canada Highway—makes it a prime candidate for investigating rezoning (buyer to verify with CVRD), whether for a larger development or a commercial venture. Enjoy partial ocean views, a drilled well already in place, and the convenience of being within walking distance to the beach—all just a short 30-minute commute to Victoria. Explore the potential today! Purchase price is plus GST.
Address
LOT 1 Frayne Rd
List Price
$795,000
Property Type
Residential
Type of Dwelling
Land
Area
Malahat & Area
Sub-Area
ML Mill Bay
Lot Size
67518 Sq. Ft.
Lot Size (Acres)
1.55 Ac.
MLS® Number
988942
Listing Brokerage
Coldwell Banker Oceanside Real Estate
Postal Code
V8H 1C2
Tax Amount
$2,092.00
Tax Year
2024
Amenities
Acreage, Central Location, Cleared, Corner Lot, Easy Access, Level, Marina Nearby, Recreation Nearby, Shopping Nearby