Waterfront For Sale Cobble Hill
197 Marine Dr
ML Cobble Hill
Cobble Hill
V0R 1L1
$749,900
Residential
beds: 0
baths: 0.0
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1034713
- Photos (23)
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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.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- ML Cobble Hill, Malahat & Area
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 6,695 sq. ft.622 m2
- Lot Details:
- Irregular
- Kitchens:
- 0
- Taxes:
- Signup
- Building Features:
- Transit Nearby
- Ceiling Heights:
- Signup
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- To Lot
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
- Signup
- Clubhouse, Common Area, Fitness Center, Pool, Recreation Facilities, Recreation Room, Tennis Court(s), Workshop Area
- Mountain(s), Ocean
- Ocean Front
- Main Level
- 55
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit
- 1 dog or 1 cat, 2 birds
- Yes
- Some Rentals
- Rentals subject to occupancy limits & age requirements in bylaws, min. of 1 month & max of 6 months
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Year:
- 2026
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Vacant
- Property Condition:
- Land Value Only
- Utilities:
- Natural Gas Available
- Lot Site Features:
- Adult-Oriented Neighbourhood, Cleared, Easy Access, Gated Community, Marina Nearby, Near Golf Course, On Golf Course, Recreation Nearby, Serviced, Walk on Waterfront
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 0
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- May 08, 2026
- Original Price:
- 749900.0
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Listed by RE/MAX Island Properties (DU)
Data was last updated June 22, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 84
- Avg list price:
- $1,062,500
- Min list price:
- $169,000
- Max list price:
- $4,598,000
- Avg days on market:
- 52
- Min days on market:
- 3
- Max days on market:
- 378
- Avg price per sq.ft.:
- $460.4
These statistics are generated based on the current listing's property type
and located in
ML Cobble Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
