As of 2005[update], the Sheringham Point Lighthouse Preservation Society is working to acquire the property from the Coast Guard and turn it into a public park.

From 1968 to 1989, the Sheringham Point Light was part of the British Columbia Shore Station Oceanographic Program, collecting coastal water temperature and salinity measurements for the Department of Fisheries and Oceans everyday for 21 years.

The SPLPS's mission is “to preserve the Sheringham Point Lighthouse structures and property; to ensure, through education, research, community action and consensus building, that the Sheringham Point Lighthouse, surrounding property and historic access routes remain accessible to the community and visitors now and in the future; to document and recognize the historical importance of the Sheringham Point Lighthouse and those who lived and worked there.”[4] In 2010, the Canadian Department of Fisheries and Oceans (DFO) officially declared the lightstation and surrounding lands surplus.

[6] ON June 8, 2015, the SPLPS received a letter from Minister Aglukkaq, indicating that the Sheringham Point Lighthouse was included on that list.

Meanwhile, the Society and the Capital Regional District (CRD) have been working together to acquire the station and lands to create a park accessible to the public.