$19,999,900

Block 1241 Malahat (Off) Hwy
MLS® NO: 1033201

Description

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.

General

Property Type:Unimproved Land
Taxes:$16,390
Tax Year:2025

Site Influences

Lot SqFt: 15,681,600
Acres: 360.14

Property Details

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Listed with:

Matt PeulenRE/MAX Camosun
Phone: 250-589-5991
Fax: 250-655-0618

Guy CrozierRE/MAX Camosun
Phone: 250-213-8391

Scott MarchantRE/MAX Camosun

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.