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$3,750,000
1042151 MLS
The Malahat Forest, known as the historic Elkington Lands stands as a true crown jewel of the Malahat region. Over 300 acres of pristine, protected forest. Embrace the quiet of towering evergreens, the serenity of nature and the pureness of this extraordinary land. A legacy estate, private retreat, or a carefully planned community development, this property offers possibilities as vast as the landscape itself. If seeking a forever home, imagine crafting a residence that will stand for generations. Revel in the solitude, the privacy, and the rich ecological diversity that makes this Forest such a rare find. Alternatively, the zoning allows for subdivision, offering an exciting investment opportunity for those looking to develop thoughtfully within this protected environment. Sewer and water managed by the CVRD. Opportunities like this are rare. The Malahat Forest invites you to write the next chapter of its story, one of timeless beauty, possibility, and enduring legacy.

Lot 1 Trail Way, Malahat

Courtesy of RE/MAX Generation - The Neal Estate Group

$949,999
2 Beds 1 Baths 1041901 MLS
Rare opportunity to build your dream home on a beautiful 1 acre parcel in Mill Bay with the added bonus of a fully finished carriage home and impressive shop already in place. The stylish 2 bedroom carriage home features vaulted ceilings, in suite laundry, and a custom fireplace, offering immediate flexibility for living, rental income, guests, or extended family. Below, the oversized two bay garage/shop boasts 12 foot ceilings and exceptional space for storage, hobbies, vehicles, or a workshop. Enjoy the freedom to plan and build your ideal home while taking advantage of the comfort, utility, and income potential already available on the property. A unique offering in a peaceful and desirable Mill Bay location.

Lot 10 Sheldrake Pl, Mill Bay

Courtesy of eXp Realty

$599,000
1039896 MLS
Lot 26 is an exceptional 4.97-acre estate property offering breathtaking panoramic views and outstanding privacy. A long private driveway winds its way to a spectacular hilltop building site, perfectly positioned to capture the surrounding scenery. Arbutus Creek borders the western edge of the property, adding to the natural beauty and tranquil setting. Much of the groundwork is already complete, with a drilled well and driveway in place. Power and high-speed internet are available at the road. Outdoor enthusiasts will appreciate the nearby Wrigglesworth Lake Regional Park and Trans Canada Trail, offering endless opportunities for hiking, biking, and exploring nature. Zoning permits a principal residence and carriage house, providing flexibility for extended family, guests, or additional living space. The principal residence must be constructed first and have a minimum floor area of 1,500 sq. ft. Create your dream home in this stunning natural setting.

LT 26 Eagle Dr, Shawnigan Lake

Courtesy of Century 21 Harbour Realty Ltd.

$599,000
1039901 MLS
Lot 6 is a stunning 5.49-acre estate property featuring an elevated hilltop building site with sweeping views over the City of Victoria, and beyond. With a drilled well and driveway already in place, much of the preparation has been completed. Power and high-speed internet are available at the road, offering modern conveniences in a peaceful rural setting. Nature lovers will appreciate the close proximity to Wrigglesworth Lake Regional Park and the Trans Canada Trail, providing endless opportunities for hiking, biking, and outdoor recreation right at your doorstep. Zoning permits a principal residence and carriage house, creating flexibility for extended family, guests, or additional living space. The principal residence must be constructed first and have a minimum floor area of 1,500 sq. ft.

LT 6 Eagle Vista Rd, Shawnigan Lake

Courtesy of Century 21 Harbour Realty Ltd.

$649,900
1040252 MLS
Discover the perfect canvas for your dream home in one of Shawnigan Lake's most sought-after neighbourhoods. This 1.2-acre lot sits on a quiet cul-de-sac at the end of Royce Road, an established area known for executive homes and private acreages. A charming winding driveway draws you into the property with an immediate sense of arrival and privacy. The lot is cleared and gently sloped — ready for your building plans — with water, power and natural gas already at the lot line, saving you time and cost from the outset. One side of the property borders a park, ensuring lasting privacy and a natural green buffer that neighbours can never change. Just a short walk brings you to the beautiful shores of Shawnigan Lake and the amenities of the village. Commuters will appreciate the easy 40-minute drive to Victoria — true lake community living without sacrificing city access. No GST applicable. Opportunities like this in Shawnigan Lake don't last — bring your builder and your vision.

LOT A Royce Rd, Shawnigan Lake

Courtesy of Coldwell Banker Oceanside Real Estate

$875,000
2 Beds 1 Baths 1039923 MLS
APPROVED 3-LOT SUBDIVISION & HOME WITH DEVELOPMENT PERMIT – Unique opportunity to buy a single-family home on 0.70 acres (30,492 sq. ft.), then subdivide into three separate lots, each with its own title. At the finish line of a 2-year application, now fully approved with development permit issued June 4, 2026. Final step: installing utility boxes at the lot line. Engineered servicing plans complete and submitted; installer on standby if the buyer wishes to proceed. Stunning property in the heart of Cobble Hill property with mature landscaping and high-producing apple, pear, cherry, and plum trees. Optimal build conditions – cleared, open fields enjoying all-day sunshine, with excellent drainage & excavation qualities, and no environmental, riparian, or other building restrictions beyond standard zoning. R3 zoning allows a primary home, plus one suite or carriage home – up to 6 dwelling units total. Detailed package with all documentation & utility cost breakdown available on request.

1405 Fisher Rd, Cobble Hill

Courtesy of Coldwell Banker Oceanside Real Estate

$479,000
1036605 MLS
Build your dream home on this exceptional half-acre lot in Shawnigan Lake’s most desirable neighbourhoods. Surrounded by beautifully crafted homes and a strong sense of community, this property offers both privacy and an inspiring natural setting. Take in stunning valley views along with ocean glimpses toward Salt Spring Island. A dedicated green space along one side of the property enhances the sense of openness and tranquility. Enjoy an easy walk through this charming neighbourhood and trails to Shawnigan Village and the Government Docks—perfect for lakeside living, swimming, and year-round recreation. Well-prepared and ready for your vision, the lot features municipal water, completed septic perk tests, and a septic design on file. Plans for a home with a legal suite are also available, along with a building scheme to maintain the quality and character of the area. Zoned R3, this property offers flexibility for extended family or rental income.

3 Courtney Way, Shawnigan Lake

Courtesy of Pemberton Holmes Ltd. (Cow Vall)

$479,000
1036604 MLS
Build your dream home on this beautiful half-acre lot in one of Shawnigan Lake’s most sought-after neighbourhoods. Surrounded by thoughtfully designed homes and a welcoming community, this property offers the perfect blend of tranquility and convenience. Enjoy lovely ocean glimpses and an easy walk through this charming area and trails to Shawnigan Village and the Government Docks—ideal for lakeside strolls, swimming, or launching your kayak on a sunny day. This lot is well-prepared for your vision, with municipal water already available, septic perk tests completed, and a septic design on file. Zoned R3, the property allows for a legal suite—offering flexibility for extended family or rental income. A rare opportunity to secure a ready-to-build lot in a picturesque location where lifestyle and community truly come together. 20 minute drive to Langford or Duncan.

2 Courtney Way, Shawnigan Lake

Courtesy of Pemberton Holmes Ltd. (Cow Vall)

$749,900
1034713 MLS
The final oceanfront view lot in the Arbutus Ridge. This is a truly vanishing opportunity to secure the last remaining building lot within the award-winning Arbutus Ridge 55+ gated community in Cobble Hill, BC. Set along Marine Dr, this rare high-bank waterfront property captures spectacular views across the Salish Sea’s Satellite Channel to Salt Spring Island & the Saanich Inlet & Peninsula. The property includes building plans for a 4,246 sq ft home & a 3 car garage. The plans embrace the natural slope of the land to maximize views. Beyond the lot itself, Arbutus Ridge is renowned for its exceptional lifestyle & amenities. There is an 18-hole golf course & club, indoor tennis courts & the popular Satellite Bar & Grill. The community includes 24-hr gated security, a village center with seasonal swimming pool, outdoor tennis courts, fitness facilities, woodworking shop, library, games room, art room & other meeting rooms.

197 Marine Dr, Cobble Hill

Courtesy of RE/MAX Island Properties (DU)

$19,999,900
1033165 MLS
Premier 360-acre holding forming part of a rare 400-acre contiguous land assembly on the Malahat, one of Southern Vancouver Island’s most significant development opportunities. Strategically located just 15 minutes from Langford and Greater Victoria, this expansive parcel offers scale, highway frontage, and long-term upside. Zoned RUR-1 with a Forest Resource designation, it supports resource use today while positioning for future rezoning. Approximately 22 acres are designated for industrial use, enhancing flexibility for a mixed-use vision. Combined with the adjacent 40-acre Settlement Area parcel in the CRD, this assembly presents compelling potential for a master-planned community incorporating residential, commercial, and light industrial uses. Strong exposure to the Trans-Canada Highway, proximity to a former rail corridor, and potential for future access further elevate the opportunity. A landmark land banking or development asset in a rapidly growing corridor.

Block 1241 Malahat (Off) Hwy, Malahat

Courtesy of RE/MAX Camosun

$1,999,900
1033175 MLS
Exceptional 40-acre ocean view parcel in the sought-after Goldstream Heights area of the Malahat, within the Capital Regional District (CRD). Located in the Malahat Settlement Area of the OCP, this property supports future residential and mixed-use development, with a clear path to subdivision and target parcel sizes of approximately 1 hectare (2.47 acres). The designation encourages well-planned integration of residential and commercial uses, supported by guidelines that protect long-term value and livability. Part of a rare 400+ acre land assembly, including a neighbouring 338-acre parcel and 22-acre industrial site, offering scale for a comprehensive master-planned vision. Ocean views, privacy, and convenient access to the Trans-Canada Highway, all within easy reach of Greater Victoria. Buyers to verify permitted uses with the CRD.

DL54 Malahat (Off) Hwy, Malahat

Courtesy of RE/MAX Camosun

$1,099,900
1032605 MLS
Welcome to Shawnigan Lake. This one-acre, walk-on lakefront property offers unmatched southern exposure and privacy. Nestled on a quiet, dead-end private road in a protected cove, enjoy calm waters, stunning views, and direct lake access. A private dock is allowed to be built on Lot 11's lakefrontage. Fully serviced and build-ready with underground utilities—natural gas, city water, treatment plant, & cable. Build now and be ready for summer! This lot offers privacy, beauty, and limitless potential for your custom residence or lakefront retreat. Located in a prestigious development surrounded by custom residences. Just minutes from Shawnigan Lake School, amenities, world-class recreation and only a short drive to Victoria. This property is exempt from the Foreign Buyer Ban. Do not miss your chance to secure legacy waterfront in one of Vancouver Island’s most desirable lakefront communities. Opportunities like this are truly rare. Do not walk property without an appointment. +GST

Lot 11 Katy's Cres, Shawnigan Lake

Courtesy of Pemberton Holmes Ltd.

$435,000
1030883 MLS
Discover a rare opportunity to own a 0.72-acre parcel just steps from beautiful Shawnigan Lake. Zoned R2, currently allowing for a single-family home with a legal suite or a detached legal suite, offering flexibility for living or investment. Enjoy easy lake access for swimming, paddling, and year-round recreation—without the cost and maintenance of lakefront ownership. The lot is flat and fully treed, providing a peaceful, natural setting to build your dream home. Services will require power connection from the road, as well as installation of a well and septic system. Nestled in a quiet, established neighbourhood with long-term residents, this area is known for its tranquility and strong sense of community. Conveniently located with easy access to commuting routes and the village of Shawnigan Lake, you’ll enjoy both privacy and connection. Vacant lots of this size and location are increasingly rare—don’t miss your chance to secure this exceptional property. Buyer to verify details.

Lot C Creife Rd, Shawnigan Lake

Courtesy of eXp Realty (DU)

$2,888,000
1030829 MLS
Experience sixty-five acres of breathtaking Malahat beauty near the SkyWalk. This expansive estate offers stunning Saanich Inlet and Gulf Island views, stretching from scenic ridges to 700 feet of private shoreline. With premium developments emerging nearby, this is a premier destination for a tranquil West Coast sanctuary. ?Enjoy total privacy for a family compound or luxury retreat. Infrastructure is started with a drilled well and power to the pump house. Potential for private moorage allows for a scenic boat commute to marinas or the airport, bypassing the highway. A rare balance of rugged wilderness and sophisticated potential in an iconic Island corridor. Buyer to verify all potential with the CVRD.

DL-130 Trans Canada Hwy, Malahat

Courtesy of Fair Realty

$679,900
1025806 MLS
This is the kind of property you don’t just buy… you build a future on. **DO NOT WALK THE SITE** Set on 7.339 acres of flat, usable land, this rare offering delivers something increasingly hard to find — freedom without compromise. No steep slopes. No costly site prep surprises. Just clean, build-ready ground with multiple ideal building sites ready for your vision. A well and septic system are already installed — saving time, stress, and thousands in upfront costs. Zoning allows for two residences, opening the door to a dream home, multigenerational living, or a smart long-term investment. And while you design and secure permits? The property is working for you. Approximately $17,000 per year in revenue options offset carrying costs while you plan. Private. Practical. Profitable. Whether you envision a legacy estate, family compound, or strategic build with income potential, this is a rare opportunity to secure space, stability, and upside in one move. Land like this doesn’t wait.

Lot 3 Whittaker Rd, Malahat

Courtesy of eXp Realty

$449,000
1025891 MLS
Perched on a scenic slope in sought-after Shawnigan Lake, this private 5-acre parcel offers stunning lake views and endless potential. A rare opportunity to build your dream home immersed in nature, where the most picture perfect evening sunsets and peaceful surroundings become part of daily life. The elevated setting captures sweeping vistas of the lake and surrounding hills while maintaining privacy and a true West Coast feel. Enjoy hiking just minutes away at Baldy Mountain, or spend your days on the water at Shawnigan Lake. Located only 5 minutes to Shawnigan Lake Village for local shops, cafés, and amenities, this property offers the perfect balance of rural tranquility and convenience. An exceptional canvas for your custom home, retreat, or investment in one of the Cowichan Valley’s most desirable lake communities.

Lot A Strathcona Heights Rd, Shawnigan Lake

Courtesy of Pemberton Holmes - Westshore

$548,000
1022963 MLS
Discover a premium view lot in Goldstream Heights! This 5.51-acre parcel is situated in a peaceful area near the end of Goldstream Heights Drive, offering breathtaking views of the ocean, city, mountains, and valley. The building site is ideally located on a hill with privacy from the road The property comes with a driveway and a drilled well already in place. With no building commitment, you have the flexibility to hold onto this pristine land for as long as you desire. Access is available from both Goldstream Heights Drive on the west side and a legal easement on the east side. Enjoy endless recreational opportunities with nearby access to the Sooke Hills Wilderness Trail and Wrigglesworth Lake Park.

LOT 35 Goldstream Heights Dr, Shawnigan Lake

Courtesy of Century 21 Harbour Realty Ltd.

$512,000
1020328 MLS
This 5-acre lot offers beautiful views and desirable southern exposure. Zoned for a primary residence and carriage house, you can build your dream home (min. 1,500 sq. ft.) plus an additional detached small dwelling. Arbutus Creek runs along the western edge of the property. Outdoor enthusiasts will love the proximity to Wrigglesworth Lake Park and the Trans Canada Trail, perfect for hiking and biking. Located just 25 minutes from Langford and 35 minutes from Victoria, you’ll enjoy peaceful country living with city access. The lot is ready to build with a drilled well, established driveway, paved road access, and power and Telus Fibre Optic internet available. Enjoy privacy and tranquility. Don’t miss this rare opportunity—book your tour today and start planning your future in this picturesque setting!

Lot 24 Eagle Dr, Shawnigan Lake

Courtesy of Century 21 Harbour Realty Ltd.

$647,000
1018915 MLS
Expansive 4.97-Acre Lot with Sweeping Ocean and Mountain Views Discover the perfect balance of privacy and convenience on this stunning 4.97-acre property, offering panoramic views of Victoria, the ocean, and the Olympic Mountains. A long private driveway leads you into your own peaceful retreat, surrounded by natural beauty. Enjoy easy access to Wrigglesworth Lake Park and the Trans Canada Trail, ideal for hiking, biking, and lakeside recreation. Despite its serene setting, you’re only 25 minutes from Langford and 35 minutes from downtown Victoria—a rare combination of tranquility and accessibility. This ready-to-build property features a drilled well, established driveway, paved road access, and available power and Telus Fibre Optic internet. Embrace the privacy, peace, and limitless potential of this remarkable acreage—book your viewing today and start building your dream home in nature.

Lot 7 Eagle Vista Rd, Shawnigan Lake

Courtesy of Century 21 Harbour Realty Ltd.

$395,000
1018901 MLS
Private Forested Acreage Backing onto Arbutus Creek. Discover this peaceful 2.79-acre property nestled in a quiet, forested setting with direct frontage on beautiful Arbutus Creek. The land offers an easy build site and a serene natural backdrop, perfect for your dream home or retreat. Enjoy nearby access to Wrigglesworth Lake Park and the Trans Canada Trail—ideal for outdoor recreation and nature walks. Conveniently located just 25 minutes from Langford and 35 minutes from Victoria, this property combines tranquility with accessibility. A drilled well, established driveway, paved road access, and available power and Telus Fibre Optic internet. Embrace the privacy, peace, and potential of this rare offering—schedule your visit today and start planning your dream home in nature.

Lot 30 Eagle Dr, Shawnigan Lake

Courtesy of Century 21 Harbour Realty Ltd.

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