An Extraordinary Oceanfront Residential Property... - Sold!
$4,700,000 Canadian

This desirable 6-acre (2.42 hectares) oceanfront property situated on spectacular Vancouver Island in an area known as Deep Cove (48 41'N., 123 29'W), Saanich Inlet presents an unparalleled investment opportunity. The distinctive estate is conveniently located within a short drive of the international airport, ferries to both Vancouver and Washington State, the Town of Sidney and only 17 miles (27 kilometers) from Victoria.

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The property is beautifully treed with 660 feet (201 metres) of waterfront and complemented with manicured lawn area and extensive landscaping. It presents a south westerly aspect with outstanding sea views and also offers both a private cove and easy access to an excellent beach making it ideal for swimming and offshore moorage. A small stream running easterly to the waterfront adds to its great natural beauty.

A world class restaurant facility situated in a charming 4100 sq ft (381 square metres) building is currently operational on the estate providing an attractive year round rental income should it be retained by the purchaser. The second level of the facility contains an extravagant contemporary one-bedroom 1,661 square feet. (154 square metres) guest suite. The suite features natural woods, cathedral ceilings, fireplace and picture windows that fill the room with glorious sunlight and take advantage of the views. The kitchen is complete with all appliances and the 5-piece ensuite bathroom features a Jacuzzi tub. The suite is completely private having its own separate entrance.

A private residence of approximately 2,480 square feet (230 square metres) also stands on the property; the main floor consists of a living/dining room, full kitchen, two bedrooms, 3 piece bathroom and laundry area. There is also storage and facilities for staff of the restaurant. The second floor has master bedroom with 2-piece bathroom. The home has excellent views of the ocean and stately grounds.

The property would be an attractive investment for those looking to exploit the exquisite surroundings to create an exclusive private estate. The current zoning is residential with Restaurant and ancillary use. This attractive combination will appeal to those with an imagination.

$4,700,000 Canadian ($2,989,000 US, $3,045,000 EUR approximately)

Buyers should note that information on this web site is submitted as descriptive as to type and quality of residence and property only. Figures relating to size and quantum must be taken as approximate. A buyer is responsible for doing their own due diligence and for confirming any pertinent information.