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Residential Property in Colwood

$1,999,988 - ML# 1047583
3306 Ocean Blvd
Colwood - Co Lagoon

This is only a guide. Please verify this information with your mortgage specialist.

EXCEPTIONAL OCEANSIDE DEVELOPMENT OPPORTUNITY AT 3306 OCEAN BLVD, COLWOOD! Discover a sprawling 0.40-acre (17,400 sq. ft.) lot on a single title, positioned directly across the road from the sandy beach and the pacific ocean in one of Colwood's most desirable waterfront locations. This expansive property offers incredible versatility to design a bespoke luxury coastal estate or explore a prime multi-unit investment. Step right across the road onto the sandy beach of the Pacific ocean, take in sweeping views of the Juan de Fuca Strait and the snow-capped Olympic Mountains, and enjoy vibrant marine life year-round. Perfectly situated adjacent to a federally protected Migratory Bird Sanctuary and just moments from the historic Hatley Castle grounds and old-growth forest trails, this lot balances serene natural surroundings with unmatched potential. Under BC’s Small-Scale, Multi-Unit Housing (SSMUH) framework, single-family lots over 280 sq. m. in Colwood allow by-right density up to 4 units on 1 title without rezoning, making it an ideal candidate for a primary residence with a carriage home, a garden suite, a triplex, or a fourplex. Currently zoned R1, buyers are advised to independently verify SSMUH implementation policies, final unit count, building height, setbacks, lot coverage, floor area ratios, environmental parameters, and utility servicing capacities directly with the City of Colwood Planning Department. Don't miss this rare piece of West Coast paradise—inquire today! Buyer to verify all information - Listing agent and seller makes no representations.

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$4,479.00 (2026) 
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Lot Information

SqFt:
17400 
Acres:
0.40 
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Lot Features:
Corner,Level,Marina Nearby,Near Golf Course,Recreation Nearby,Shopping Nearby,Southern Exposure,Walk on WaterfrontOcean 

Listed with:

Day Team Realty Ltd
Phone: 250-708-2000 / Fax:

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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.