Property Type: Land / LotOwnership: Freehold

7884 Lenwood Rd

Merville, BC V9J1V4

$1,795,000

0 bed0 bath5 parking
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Property Details

Property & Lot

Lot size
5.18 acres
Zoning
Residential

RU-20

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,767

Interior

Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
5

Listing Information

MLS®
1033229
Listed
April 25, 2026
Time on market
On the market for 128 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. (NA) · Data source: CREA DDF.

Description

Welcome to a truly extraordinary opportunity—over 5 acres of walk-on oceanfront where natural beauty and boundless potential meet. Located along the peaceful shoreline of the Georgia Strait, this captivating property features 150 feet of private beachfront, panoramic views of the Coast Mountain Range, and a forested landscape of towering old-growth fir trees. A winding driveway meanders through the lush forest canopy, leading to a three-level oceanfront structure perched just above the shoreline. Previously a 3-bedroom home with a basement suite, the building has been stripped to the studs and is currently at “lock-up” stage, offering a solid foundation for a custom redesign. Included in the sale is a replacement window package by Milgard, providing the perfect opportunity to frame breathtaking coastal vistas and fill your future home with natural light. There is existing infrastructure, including: Two wells — a shallow well and a new drilled well (2022), the original septic system, and power connected to the homesite. Zoned RU-20, the parcel allows for two full single-family dwellings, offering remarkable flexibility. A strategically cleared and positioned building site awaits —ideal for a second residence, guesthouse, or spacious workshop. Offered at land value and sold “as is, where is,” this property presents an exceptional opportunity for those seeking a blank canvas in a serene and private setting. With unmatched natural surroundings, existing services, and development potential, it’s a rare chance to create the waterfront estate of your dreams. Opportunities like this are vanishingly rare—don’t miss your moment to own a piece of West Coast paradise. (id:63159)

Location Insights

Weather

Nearest station: Courtenay

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Navigate AcademyElementary5.5 km
Miracle Beach ElementaryElementary7.4 km
Huband Park ElementaryElementary9.8 km
Queneesh ElementaryElementary12.2 km
Georges P. Vanier SecondarySecondary12.2 km
Glacier View Secondary CentreK-1213.1 km
Ecole Secondaire Mark R Isfeld SecondarySecondary13.7 km
Valley View ElementaryElementary14.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (1)

  • Brian & Sarah McLoughlin Regional Park411 m

Nearby places data: © OpenStreetMap contributors.

School district: Comox Valley (SD71)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($359,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,436,000.00
Periodic payment — Principal & Interest (monthly)$9,264.58
Additional monthly expenses (strata, tax, utilities, etc.)$563.92
Total monthly cost$9,828.50
Interest paid over 5-yr term$411,561.73
Balance at end of term$1,291,686.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$359,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,042.34

Cash Needed at Closing

Minimum down payment$359,000
Estimated BC PTT$33,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$394,400

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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