A high-profile stretch of land in Oak Bay commanding panoramic views of Haro Strait is once again on the market, for a staggering $52.5 million.

The development site, on two lots — 1069 and 1101 Beach Dr. — was listed for sale six days ago, just one month after there were reports a development application for the site had been submitted to Oak Bay’s planning department.

At the time, a brochure produced by ­Sotheby’s suggested the development could have as many as 568 housing units spread over three towers.

The District of Oak Bay said it has not received a complete application for the site.

“Staff have responded to the applicant with what information is required for that ­application to be complete and opened by the district,” spokeswoman Hayley Goodgrove said.

According to Sotheby’s

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