Victoria Real Estate
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231 Otter St

$1,195,000

Ucluelet

Detached6 bd · 2 ba · 2,997 sqftBuilt 1960$399/sqft45 days on market

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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

Mountain viewOcean view

Heating

Forced air

Cooling

Air Conditioned

Lot

Central locationLevel lotCorner SiteMarine Oriented

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. May 15, 2026

    Listed $1,195,000

    Active45 days on marketMLS 1034549
  2. Apr 16, 2025

    $960,000

    Sold170 days on marketMLS 978779

How this listing compares

Based on 25 sales in Ucluelet

Median sold

$895,000

Avg days on market

50 days

Avg sale-to-list

96.5%

Avg $/sqft

$555

Price per square foot

This home: $399/sqftArea average: $555/sqft

Below area average

Current market in Ucluelet

Active (same type)

16

Pending

2

All active listings

80

Months of supply

7.7

Buyer's market7.7 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.

4376109Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

9 sales
  • 1950 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

More on this listing

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