![]() ![]() ![]() ![]() Or, someone could conceivably shell out $10 million for the property for its spectacular oceanfront location, tear down the existing circa-1913 house and build a modern mansion. That's right - someone may buy the home for the $10 million list price and put another $1.5 million into it to complete it. "My seller does not want to move forward and finish it, when another person (buyer) may go for a different look, or start fresh, or go for rezoning." "This is not a distress sale, rather a change of plans," said Stephenson. The work needed to complete the home to that design would be about $1.5 million, depending what flooring and finishings are chosen. can be renovated and finished into a seven-bedroom, six-bathroom showpiece with new kitchen, family room, living room, dining room, two offices, den, decks and balconies. The remaining 8,630 square feet still needs flooring and fixtures to be considered 'finished' by Victoria Real Estate Board guidelines.Ī design by Zebra Group in Victoria shows how the home at 1101 Beach Dr. While the Tudor manor has a total 10,015 square feet over four levels, only the lower floor is completely finished at 1,385 square feet with a bedroom, bathroom, living room, kitchen, dining room, recreation room and laundry room. is the only house along this stretch of waterfront that actually has access to the beach and ocean via a path to the pebbly shore. ![]()
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