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.
Address
Block 1241 Malahat (Off) Hwy
List Price
$19,999,900
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Malahat & Area
Sub-Area
ML Malahat Proper
Lot Size
15681600 Sq. Ft.
Lot Size (Acres)
360.14 Ac.
MLS® Number
1033201
Listing Brokerage
RE/MAX Camosun
Postal Code
V0R 2W3
Tax Amount
$16,390.24
Tax Year
2025
Amenities
Acreage, Cul-De-Sac, Easy Access, Hillside, Marina Nearby, Park Setting, Private, Recreation Nearby, Rural Setting, In Wooded Area, Wooded, See Remarks