This flat and sunny 0.37-acre lot in Magic Lake Estates is the perfect opportunity to build your dream home or hold for the future. Located on one of the most desirable streets in the area and just steps from the ocean and Boat Nook beach access, this property offers excellent value. Southwest exposure ensures all-day sun, and RR1 zoning allows for a home, suite, and detached cottage—giving you options! Water, sewer, and hydro are all at the lot line—no septic system required. Not in a development permit area, this is one of the easier building sites you'll find and may even offer ocean glimpses! As an owner in Magic Lake Estates, you'll enjoy exclusive access to heavily discounted moorage at Thieves Bay Marina, tennis and pickleball courts, disc golf, trails, beach accesses, and swimming or paddling in Magic Lake. Whether you’re ready to build now or looking for a smart, low-cost holding property, this is a great opportunity on beautiful Pender Island!
Data was last updated July 19, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$875,000
Min list price:
$80,000
Max list price:
$19,800,000
Avg days on market:
76
Min days on market:
3
Max days on market:
1,149
Avg price per sq.ft.:
$608.48
These statistics are generated based on the current listing's property type
and located in
GI Pender Island. Average values are
derived using median calculations. This data is not produced by the MLS® system.