
231 Otter St
$1,195,000
Ucluelet
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About this home
Enjoy spectacular inlet views from this light-filled family home, beautifully positioned on a rare income-generating double corner lot on Otter Street. Located on one of Ucluelet’s most welcoming blocks, you’re just a short walk to schools, the Aquarium, beaches, and town amenities. The main residence features an airy, three-bedroom layout that celebrates mid-century appreciation for bright, functional spaces and seamless flow. Below, the fully renovated lower suite has been transformed into a crisp, modern three-bedroom living space with a brand-new kitchen and a beautifully tiled bathroom. Extensive upgrades and major structural heavy lifting have already been completed, including a re-sheeted roof, 200-amp electrical service, new heat pumps, and updated plumbing. Complete with a double garage, workshop, and paved boat parking, this property perfectly balances classic design sensibility with effortless West Coast living. Contact us for the full upgrade list and details. (id:65179)
Property details
From the listing's public record.
Lot size
12,600 square feet
Year built
1960
Taxes
$5,000/yr
Zoning
Residential
View
Heating
Cooling
Lot
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
May 15, 2026
Listed $1,195,000
Active45 days on marketMLS 1034549Apr 16, 2025
$960,000
Sold170 days on marketMLS 978779
How this listing compares
Based on 25 sales in UclueletMedian sold
$895,000
Avg days on market
50 days
Avg sale-to-list
96.5%
Avg $/sqft
$555
Price per square foot
Below area average
Current market in Ucluelet
Active (same type)
16
Pending
2
All active listings
80
Months of supply
7.7
Buyer's market — 7.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$959,000
Land
$519,000
Improvements
$440,000
Homes in Port Alberni sell at 105.7% of assessed value on average.
Based on 350 recent sales.
Local price trend
How Ucluelet has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
9 sales1950 Cynamocka Rd
$865,000
5 bd · 2 ba · 2,000 sqft · $432/sqft · 33 days on market
Sold May 14, 2026 · 94.6% of list
314 Reef Point Rd
$1,015,000
4 bd · 4 ba · 5,540 sqft · $183/sqft · 53 days on market
Sold Apr 30, 2026 · 92.9% of list
225 Boardwalk Blvd
$895,000
2 bd · 1 ba · 720 sqft · $1,243/sqft · 37 days on market
Sold Apr 20, 2026 · 99.6% of list
978 Peninsula Rd
$1,048,000
7 bd · 4 ba · 2,826 sqft · $371/sqft · 80 days on market
Sold Apr 15, 2026 · 95.4% of list
14-731 Marine Dr
$475,000
3 bd · 1 ba · 827 sqft · $574/sqft · 96 days on market
Sold Mar 31, 2026 · 100% of list
25-731 Marine Dr
$435,000
2 bd · — · 784 sqft · $555/sqft · 31 days on market
Sold Mar 31, 2026 · 100% of list
1301 Pine Rd
$1,125,000
6 bd · 4 ba · 2,284 sqft · $493/sqft · 36 days on market
Sold Feb 11, 2026 · 95.5% of list
246 Lee St
$810,000
5 bd · 3 ba · 2,014 sqft · $402/sqft · 38 days on market
Sold Jan 27, 2026 · 95.4% of list
437 Marine Dr
$788,000
4 bd · 3 ba · 2,516 sqft · $313/sqft · 23 days on market
Sold Jan 5, 2026 · 94.9% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.