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

900-McCurdy Road. (Google)
2 men arrested after break in at Rutland rec centre

RCMP arrested two Kelowna men early Thursday morning

Emergency worker Tyler Morgan prepares to administer a COVID-19 test at the Juneau International Airport. (Ben Hohenstatt/Juneau Empire)
New COVID-19 cases down 40% in Vernon area: BC CDC

BC Centre of Disease Control reports 59 new cases for local health area; Armstrong sees slight rise

A man wears a protective face mask to help prevent the spread of COVID-19 as he walks past the emergency department of the Vancouver General Hospital in Vancouver Wednesday, November 18, 2020. THE CANADIAN PRESS/Jonathan Hayward
Central Okanagan weekly COVID-19 numbers increase slightly

Region recorded 139 cases of COVID-19 Jan. 10–16, more than the 110 identified the previous week

Seven Black Locust trees at Okanagan Centre Park and Museum will need to be removed after sustaining damage in the Jan. 13, 2021, windstorm. (District of Lake Country - Facebook)
Wind-damaged trees to come down in Lake Country park

District to make future improvements to picnic area, plant new trees

A windstorm Wednesday, Jan. 13, 2021, hit Lake Country hard closing Hare Road while crews respond to a broken water main. (District of Lake Country - Facebook)
TAYLOR: Discovering the essentials of life

Calendar columnist Jim Taylor reflects on last week’s windstorm

The BC SPCA is adapting its fundraising after cancelling events due to COVID-19 restrictions. (Twila Amato - Black Press Media)
BC SPCA gets creative with fundraising as pandemic continues

The non-profit’s in-person fundraising events all had to be cancelled due to COVID-19 restrictions

The top part of the fossil burrow, seen from the side, with feathery lines from the disturbance of the soil – thought to be caused by the worm pulling prey into the burrow. (Paleoenvironntal Sediment Laboratory/National Taiwan University)
PHOTOS: SFU researchers find evidence of ‘giant’ predatory worms on ocean floor

Fossils found the prove the existence of an ancient Taiwanese worm as long as two metres

A woman wearing a face mask to help curb the spread of COVID-19 is seen through Christmas lights, in downtown Vancouver, on Sunday, November 22, 2020. (THE CANADIAN PRESS/Darryl Dyck)
South Okanagan COVID-19 numbers continue downward trend

Oliver and Osoyoos saw the most significant drop in cases Jan. 10 to 16

The Salmon Arm health area saw 36 new COVID-19 cases reported between Jan. 10 and 16. (BCCDC Image)
January COVID case numbers in Salmon Arm area already exceed 2020 total

Live data suggests Salmon Arm area saw 53 reported COVID-19 cases between Jan. 3 and 16.

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

RCMP officers provide policing for 63 B.C. municipalities under a provincial formula based on population. (Black Press file photo)
B.C. communities warned of upcoming RCMP unionization costs

Starting salaries for city police officers are 30% higher

When his snowmobile was disabled the man planned to spend the night in his cabin and snow shoe home in the morning. Black Press File Photo.
Snowmobiler found safe after Princeton GSAR takes a midnight ride

He was expected home for dinner at 5:30 p.m and his wife reported he was overdue at approximately 10 p.m.

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

With the BCHL season stalled, South Surrey’s John Evans has left the West Kelowna Warriors and joined the USHL’s Dubuque Fighting Saints. (Photo courtesy of Dubuque Fighting Saints)
With the season stalled West Kelowna Warrior ditches BCHL for U.S.

‘That’s the most important thing – to be able to play,’ says Evans on move to Dubuque Fighting Saints

Most Read