First time on the market! Rare oppoortunity in the coveted Macaulay Point/Saxe Point neighbourhood. Set on an expansive 2/3 acre lot at the end of a quiet no-thru street, this exceptional property offers outstanding development potential in an unmatched coastal setting. Enjoy elevated,unobstructed oceanviews stretching from Esquimalt Lagoon to the west, across to Ogden Point in the east, with stunning outlooks towards Victoria's Inner Harbour. The ever-changing seascape provides a breathtaking backdrop from sunrise to sunset. Macaulay Point Park anchors the west, while Fleming Beach lies just below the rear of the home offering a rare connection to the shoreline. Scenic walking trails are at your doorstep, with excellent walkability to schools, parks, and rec. facilities. The existing home offers little to no value-this is all about the land, the views, and the extraordinary potential. A truly special opportunity for the right buyer, builder, or developer.