5 1028 Tyee Terr
$499,000
Ucluelet
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About this home
Secure this turn-key Ucluelet vacation cottage just in time for the busy summer season. Located in the popular Reef Point Cottages, this property is primed to maximize immediate summer revenue. It features generous returns under the on-site rental management. The flexible nightly rental zoning makes it ideal as a lucrative investment or your own private West Coast escape. Inside, the separate one-bedroom upper cottage offers a bright, open-plan living area, an efficient kitchen with a dishwasher, a stylish spiral staircase, and a secondary safety exit. Outside, the sunny deck is perfect for morning coffee and summer barbecues. The peak summer booking rush is happening now. Call for further information. (id:65179)
Property details
From the listing's public record.
Lot size
1,345 square feet
Year built
2005
Taxes
$9,570/yr
Strata / HOA
$85/month
Zoning
Residential/Commercial
Heating
Parking
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 2, 2026
Listed $499,000
Active27 days on marketMLS 1039057Jul 28, 2022
Listed $595,000
Cancelled57 days on marketMLS 910877
How this listing compares
Based on 15 sales in UclueletMedian sold
$425,000
Avg days on market
147 days
Avg sale-to-list
95%
Avg $/sqft
$614
Price per square foot
Above area average
Current market in Ucluelet
Active (same type)
25
Pending
1
All active listings
80
Months of supply
20
Buyer's market — 20 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$470,000
Homes in Port Alberni sell at 103.2% of assessed value on average.
Based on 26 recent sales.
Local price trend
How Ucluelet has moved over the last decade.
Local price index (normalized) · 17 months
Recent nearby sales
8 sales1202-596 Marine Dr
$290,000
— · 1 ba · 475 sqft · $611/sqft · 166 days on market
Sold Jun 19, 2026 · 97% of list
1601-596 Marine Dr
$480,000
1 bd · 1 ba · 823 sqft · $583/sqft · 36 days on market
Sold Jun 16, 2026 · 96.2% of list
13-203 Boardwalk Blvd
$755,000
2 bd · 2 ba · 1,162 sqft · $650/sqft · 79 days on market
Sold Jun 16, 2026 · 96.9% of list
201-1683 Larch Rd
$670,000
2 bd · 2 ba · 968 sqft · $692/sqft · 522 days on market
Sold Jun 12, 2026 · 96.4% of list
107-250 Hemlock St
$425,000
2 bd · 1 ba · 779 sqft · $546/sqft · 33 days on market
Sold May 21, 2026 · 98.8% of list
1602-596 Marine Dr
$350,000
— · 1 ba · 473 sqft · $740/sqft · 80 days on market
Sold Apr 16, 2026 · 97.5% of list
2004-596 Marine Dr
$290,000
— · 1 ba · 507 sqft · $572/sqft · 255 days on market
Sold Feb 16, 2026 · 96.7% of list
203-250 Hemlock St
$414,000
2 bd · 1 ba · 790 sqft · $524/sqft · 45 days on market
Sold Feb 5, 2026 · 89% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by RE/MAX Mid-Island Realty (Uclet)