MAJOR PRICE REDUCTION!! - A large (0.53 acres), deep garden lot with distant ocean views, mature fir trees, fruit trees and perennial plantings awaits your creative touch set within an established and convenient Arbutus neighbourhood, near to UVic, Cadboro Bay, local shops, walking trails, and the oceanfront. An exceptional opportunity exists for renovation or development of this expansive property. The solid 1973 split level home with a circular drive features 3 bedrooms (primary bedroom with E/S bathroom) on the main floor, a large living room with F/P, adjacent dining room, kitchen, enclosed sunroom and large deck. The lower lever features a large recreation room, den with F/P and 4th bedroom, laundry and workshop. Ideal for the handyman who wishes to refurbish the home, create additional accommodation, hold and rent OR the developer looking for an opportunity to build new on this large, strategic property set amongst a neighbourhood of fine, established custom high end homes.