Skip to main content

Homes for sale on Vancouver Island, BC

Find the newest homes for sale on Vancouver Island, BC, today! The Central Vancouver Island Region, including Nanaimo, is very easy to get around in. Central Vancouver Island is ideally situated close to scores of small Hamlets, a 20 minute float plane ride from downtown Vancouver and an easy yet visually stunning hour and twenty minute drive from Victoria, Nanaimo is a great choice for those thinking of moving to Vancouver Island.

For more information on real estate for sale in BC, schedule a showing, call us today or send us an email. 

Homes for sale on Vancouver Island, BC

Please use the search bar below to refine your search parameters.

Forgot password Extend Verify Contact

197 Marine Dr
ML Cobble Hill Cobble Hill V0R 1L1

$749,900
Residential beds: 0 baths: 0.0

Main Photo: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 1: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 2: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 3: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 4: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 5: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 6: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 7: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 8: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 9: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 10: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 11: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 12: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 13: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 14: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 15: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 16: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 17: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 18: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 19: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 20: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 21: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 22: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Photo 23: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
Status:
Active
Prop. Type:
Residential
MLS® Num:
1034713
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:
Existing Lease Expiry:
Listing General Location:
ML Cobble Hill, Malahat & Area
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
6,695 sq. ft.
Lot Details:
Irregular
Kitchens:
0
Taxes:
Building Features:
Transit Nearby
Ceiling Heights:
Commercial Area:
# 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:
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:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2026
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Zoning:
CD-1
Units in Building:
Units in Community:
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:
Date Listed:
May 08, 2026
Original Price:
749900.0
  • Photo 1: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 1 of 23
  • Photo 2: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 2 of 23
  • Photo 3: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 3 of 23
  • Photo 4: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 4 of 23
  • Photo 5: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 5 of 23
  • Photo 6: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 6 of 23
  • Photo 7: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 7 of 23
  • Photo 8: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 8 of 23
  • Photo 9: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 9 of 23
  • Photo 10: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 10 of 23
  • Photo 11: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 11 of 23
  • Photo 12: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 12 of 23
  • Photo 13: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 13 of 23
  • Photo 14: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 14 of 23
  • Photo 15: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 15 of 23
  • Photo 16: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 16 of 23
  • Photo 17: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 17 of 23
  • Photo 18: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 18 of 23
  • Photo 19: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 19 of 23
  • Photo 20: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 20 of 23
  • Photo 21: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 21 of 23
  • Photo 22: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 22 of 23
  • Photo 23: 197 Marine Dr in Cobble Hill: ML Cobble Hill Land for sale (Malahat & Area)  : MLS®# 1034713
    Photo 23 of 23
Listed by RE/MAX Island Properties (DU)
Data was last updated July 11, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$1,067,450
Min list price:
$169,000
Max list price:
$4,598,000
Avg days on market:
51
Min days on market:
1
Max days on market:
396
Avg price per sq.ft.:
$451.17
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.
DENISE DUMBRELL
powered by myRealPage.com

Living on Vancouver Island

Have you been considering a move to Vancouver Island? Great choice! Vancouver Island is one of Canada’s most beautiful regions, and also one of the warmest. The Central Island region experiences extremely temperate summers coupled by some of the mildest winters in all of Canada.

Surrounded by temperate rainforests and oceans teaming with life. Orcas, porpoises, and Humpback whales are things one might see on any given day. Vancouver Island is a place where Bald Eagles soar high above ancient fir trees and also home to the world’s tiniest variety of Humming Bird. As you gaze out over the ocean you will probably see fishing boats out for a catch of salmon, cod or halibut. Float Planes buzz the horizon while ferries usher visitors to and from the mainland several times a day.

Looking for a sense of urban life smack in the middle of a rugged natural wilderness? Vancouver Island has some of the best shopping available in the entire country but also some of the best wildlife. Here you can literally go skiing and golfing in the same day and we are also one of the world’s top scuba diving destinations

Living on Vancouver island in the summer is like being in paradise. It may be one of the nicest places on the entire planet. The weather is very temperate so even though it can get quite warm, there is low humidity and it seems very comfortable most of the time. There are very seldom exhaustive heat waves. When it is sunny and there are beautiful green mountains covered by primordially large trees, it becomes obvious what a privilege it is to live here.

If you are seriously interested in moving to Vancouver Island be prepared to get into a lifestyle that is rich in outdoor activity and wildlife. Not only are there lush rainforests covering hundreds of kilometers of area, you will also be a stones throw away from rivers, lakes and the Pacific Ocean no matter where you choose to live. If you are looking for a laid back, oasis- like metropolis surrounded by nature and rugged wilderness then Vancouver Island is a very good place to move to.