Residential Property in Malahat & Area

$695,000

LOT 2 Frayne Rd
MLS® NO: 989017

Description

Positioned in the sought-after seaside community of Mill Bay, this 1.4-acre corner lot presents an exceptional opportunity. Surrounded by executive-style ocean-view homes, the property offers glimpses of the ocean and a moderately sloping topography, making it ideal for a variety of building options—including a rancher with a walkout basement. Whether you're looking to build your dream home, invest in a prime holding property, or explore rezoning for a larger project, this lot is full of potential. Enjoy the convenience of being just steps from the beach, walking distance to shops, restaurants, marina, ferry access, Brentwood College, and more—all while being only a 30-minute commute to Victoria. Don’t miss out on this rare opportunity. Purchase price is plus GST.

General

Property Type:Land
Title of Ownership:LOT 2, DISTRICT LOT 47, MALAHAT DISTRICT, PLAN EPP127839
Taxes:$1,773
Tax Year:2024

Site Influences

Lot SqFt: 61,420
Acres: 1.41
Water: None
Waste: None
Zoning: R3
Lot Features: Acreage, Central Location, Corner, Easy Access, Marina Nearby, Recreation Nearby, Shopping Nearby, Sloping, In Wooded Area

Strata Lot Information

Rental Restrictions: Unrestricted

Property Details

Beds: 0
Baths: 0
Sq. Feet:
Year Built:
Property Type: Land
Municipality: Malahat & Area

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.