The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

A coastal haven owned by the family of ’90s TV star is up for grabs on Vancouver Island.

Terrace Beach Resort, a commercial offering of 21 suites and cabins next to Ucluelet’s world-famous Wild Pacific Trail, was recently listed for $4,495,000.

The Priestley Family — Norma, Lorne and son Jason of Beverly Hills 90210 fame — have been welcoming guests to their vacationer’s oasis for the past 20 years.

“We are selling for simple reasons. We are getting older. Retirement age of 65 is long past,” said Lorne and Norma Priestley in an email to the VI Free Daily.

RELATED: West Coast resorts cautiously prepare to welcome tourists again

Port Alberni-based realtor Dave Koszegi is working with the Priestleys to find the right buyer.

“There is nothing available like it. It’s super unique and it has an interesting storyline with celebrity ownership and stuff,” said Koszegi. Jason Priestley became a teen heart-throb playing the character Brandon Walsh on Beverly Hills 90210.

Koszegi says he’s had a fair bit of interest in the property despite the challenges presented by COVID-19.

“It’s well-priced,” he said. “The inquiries that we’ve had, there have been a few investor/developer type people where normally they’d buy a resort and then strata title it and then split it up and sell it off, well [Terrace Beach Resort] is already strata titled.”

BC Assessment as of July 1, 2020 shows an increase to the value of each strata unit. ‘Unit One’ was valued at $510,000—previous year value was $463,000—for example, and ‘Unit Two’ was valued at $123,000—previous year value was $112,500.

Constructed in 1999, Terrace Beach Resort is designed to resemble a 1920 fishing village: the central building that houses the main office is built on pilings, with boardwalks that meander the majestic trees to adjoining beachfront cottages. Suites are fully-equipped kitchenettes and many have private decks with hot tubs.

RELATED: Without Luke Perry, ‘Beverly Hills, 90210’ cast preps reboot

Koszegi said the vacation property has been a popular and well-enjoyed spot.

“Anything on the West Coast, it feels like the day you build it nature is taking it back. I mean, it could use some upgrades,” he said.

Nonetheless, Koszegi adds that owning a resort in Ucluelet is a “world-class opportunity”.

“It’s so international. Europeans will come in the offseason. It’s a small little hideaway place with international draw and that’s the magic there. It’s unlike anywhere else on the Island,” he said.

For more news from Vancouver Island and beyond delivered daily into your inbox, please click here.



nora.omalley@westerlynews.ca

Like us on Facebook and follow us on Twitter

Real estateucluelet

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Kootenay-Columbia MP Rob Morrison. Photo courtesy Conservative Party of Canada.
MP Morrison hopes for economic recovery plan in upcoming federal budget

Kootenay-Columbia Conservative looking for post-pandemic recovery plan in next week’s Liberal budget

The 1977/78 British Columbia Olympics (BCO) men’s volleyball team. Recently three members were inducted into the BC Volleyball Hall of Fame, Keith Gallicano is No. 1, Jerry Story is No. 3 and John Markwart is No. 7.(Contributed)
Three more Revelstoke Volleyballers inducted to the Volleyball BC Hall of Fame

The men played for the 1977/78 British Columbia Olympics team

(Natalia Cuevas-Huaico - Kelowna Capital News)
Morning Start: Foot bones don’t harden until you’re an adult

Your morning start for Tuesday, April 13, 2021

A syringe is loaded with COVID-19 vaccine at a vaccination clinic run by Vancouver Coastal Health, in Richmond, B.C., Saturday, April 10, 2021. THE CANADIAN PRESS/Jonathan Hayward
Interior Health announces 89 cases of COVID-19 in the region

Currently, there are 900 active cases in the region

Burnaby MLA Raj Chouhan presides as Speaker of the B.C. legislature, which opened it spring session April 12 with a speech from the throne. THE CANADIAN PRESS
B.C. NDP promises more health care spending, business support in 2021 budget

John Horgan government to ‘carefully return to balanced budgets’

A shop up on Grand Oro Road near Twin Lakes burned down on Monday. (Facebook)
Fire rips through shop in small South Okanagan town

The building was destroyed despite community efforts to fight the fire

The Save Sickle Point Committee, a grassroots community group, has teamed up Penticton’s Tempest Theatre and Film Society to release short film on Sickle Point. (Contributed)
WATCH: Conservation group releases short doc on saving South Okanagan’s ‘precious’ Sickle Point

Sickle Point, the last intact wetland near Skaha Lake, is facing the prospect of development

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Protesters occupied a road leading to Fairy Creek Watershed near Port Renfrew. (Submitted photo)
B.C. First Nation says logging activist interference not welcome at Fairy Creek

Vancouver Island’s Pacheedaht concerned about increasing polarization over forestry activities

Skaha Lake Middle School. (File photo)
COVID exposure at Penticton middle school

Skaha Middle School is the latest in growing lists of exposure in the Okanagan

Flow Academy is not accepting membership applications from anybody who has received a dose of the vaccine, according to a password-protected membership application form. (Submitted image)
B.C. martial arts gym refusing patrons who have been vaccinated, wear masks

Interior Health has already issued a ticket to Flow Academy for non-compliance with public health orders

Forward Elan Bar Lev Wise of the West Kelowna Warriors (right, shown playing for the Vernon Vipers in 2019) has been suspended nine games by the B.C. Hockey League for being the instigator and aggressor in an after-the-game fight with Vernon’s Kjell Kjemhus Monday, April 12, at Kal Tire Place. Kjemhus was given a two-game suspension for his role. (Black Press - file photo)
West Kelowna Warriors forward handed lengthy suspension

Elan Bar Lev Wise fought Vernon Vipers forward Kjell Kjemhus after BCHL game was over Monday, April 12; Kjemhus suspended two games

A five-storey, 60-unit building has been proposed for 8709 Jubilee Rd. E., Summerland. The proposal will be the subject of a public hearing on March 22. (Image by GTA Architecture)
Zoning, OCP amendments adopted for Summerland housing development

Additional variances will be needed for controversial five-storey, 60-unit housing development

Most Read