Discover a rare five-acre waterfront canvas on the serene shores of Olsen Bay. Currently zoned R1, this expansive property offers a versatile foundation for a premium residential subdivision or a strategic rezoning to multi-family housing. With Ucluelet’s 2026 infrastructure upgrades and the District’s focus on gentle density, this site is perfectly positioned to meet the region’s growing housing demand.
The heavy lifting is already underway: a comprehensive information package - including a 2022 topographical survey and geotechnical report - is available to streamline your due diligence. Whether you envision a private coastal enclave or a multi-unit project that contributes to the community’s growth, this is your chance to shape the future of the Ucluelet Inlet. Seize this unique opportunity to create a stunning waterfront haven or a high-impact investment in one of the West Coast’s most sought-after markets.
Data was last updated March 5, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
75
Avg list price:
$499,000
Min list price:
$204,900
Max list price:
$15,900,000
Avg days on market:
272
Min days on market:
1
Max days on market:
749
Avg price per sq.ft.:
$630.05
These statistics are generated based on the current listing's property type
and located in
PA Ucluelet. Average values are
derived using median calculations. This data is not produced by
the MLS® system.