197 Marine Dr

197 Marine Dr · Cobble Hill · Vacant Land · $749,900 · MLS 1034713

Cobble Hill, British Columbia
C$749,900
For sale
197 Marine Dr

197 Marine Dr is located in Cobble Hill. Property snapshot: Vacant Land, listed at $749,900, MLS 1034713. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 72. Latest recorded list price 749900.00.

List Price: $749,900
MLS: 1034713
Days on Site: 72
Price History: Latest recorded list price 749900.00

Local Decision Guide

How should buyers evaluate 197 Marine Dr?

Start by reading this listing in its Cobble Hill context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 197 Marine Dr?

This page shows a list price of $749,900 with MLS 1034713.

What type of home is this Cobble Hill listing?

The page shows Vacant Land at 197 Marine Dr. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 72 days on market/site. Latest recorded list price 749900.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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 Drive, this rare high-bank waterfront property captures spectacular views across the Salish Sea’s Satellite Channel to Salt Spring Island and the Saanich Inlet and Peninsula. This is an extraordinary setting to build your dream home. The property includes building plans for a 2129 sq. ft. street level main floor with a 2117 sq. ft a finished walk-out basement and a 3 car garage; all thoughtfully designed in collaboration with a respected local builder. The plans embrace the natural slope of the land to maximize views while creating a layout that blends everyday comfort with ideal guest separation. Beyond the lot itself, Arbutus Ridge is renowned for its exceptional lifestyle and amenities. There is an 18-hole golf course and club, indoor tennis courts and the popular Satellite Bar and Grill. The community includes 24-hour gated security, a village center with a seasonal swimming pool, outdoor tennis courts, fitness facilities, woodworking shop, library, games room, art room and other meeting rooms. There are over 40 clubs that enable you to connect, create, perform, play, learn and pursue fitness. This seaside community boasts a marine area that includes ocean side paths, a boat launch, storage for kayaks, boats and recreational vehicles, all providing a rare chance to pair breathtaking ocean views with an unmatched community lifestyle. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
6,695 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29722357 (1034713)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$749,900

Lot Area: 6,695 sf

PID: 018-513-263

Days on Site: 72 days

Added to BurnabyHouse: 2026-05-08

Updated on: 2026-06-07 06:00 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Shopping Centres
About 5.1 km away
About 5.5 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Sun, 07 Jun 2026 05:02:59 PM PDT

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