Mill Bay/Shawnigan Lake

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  • Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Land for sale (Malahat & Area) : MLS®# 1033165

    Block 1241 Malahat (Off) Hwy ML Malahat Proper Malahat V0R 2W3
    Main Photo: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Land for sale (Malahat & Area)  : MLS®# 1033165
    $19,999,900
    Residential
    Status:
    Active
    MLS® Num:
    1033165
    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. More details
    Listed by RE/MAX Camosun
    Kathryn Alexander p.r.e.c.
  • 2839 Oceanside Lane in Mill Bay: ML Mill Bay Single Family Residence for sale (Malahat & Area) : MLS®# 1029764

    2839 Oceanside Lane ML Mill Bay Mill Bay V8H 1E1
    Main Photo: 2839 Oceanside Lane in Mill Bay: ML Mill Bay Single Family Residence for sale (Malahat & Area)  : MLS®# 1029764
    $5,985,000
    Residential
    Status:
    Active
    MLS® Num:
    1029764
    Bedrooms:
    7
    Bathrooms:
    6
    Floor Area:
    5,996 sq. ft.
    Set on just under 2 acres with 275ft of private beachfront, this exceptional estate offers a combination of luxury, space & convenience. Built by GT Mann & designed by Ryan Hoyt Design, the 4,832sqft 5-bed, 4-bath main residence is under construction with completion set for June. Thoughtfully designed to capture its oceanfront setting, the home features soaring ceilings reaching nearly 20ft, walls of windows & timeless finishes including Vancouver Island marble & custom millwork. The layout is ideal for indoor-outdoor living, with a covered entry with exposed wood beams, an Arctic Spa hot tub & plumbing in place for a pool. The lower level offers a large rec room & flex space ideal for a gym, golf simulator, or media room & suite potential. Plus, a separate 1,164sqft 2-bed, 2-bath carriage house. Ideally located near world-class private schools with easy access to Victoria, this is a rare opportunity to secure a stunning new build in a desirable setting. Exempt from Foreign Buyer Ban. More details
    Listed by The Agency
    Kathryn Alexander p.r.e.c.
  • 1081 Aspen Rd in Malahat: ML Malahat Proper Single Family Residence for sale (Malahat & Area) : MLS®# 1028948

    1081 Aspen Rd ML Malahat Proper Malahat V0R 2L0
    Main Photo: 1081 Aspen Rd in Malahat: ML Malahat Proper Single Family Residence for sale (Malahat & Area)  : MLS®# 1028948
    $5,900,000
    Residential
    Status:
    Active
    MLS® Num:
    1028948
    Bedrooms:
    5
    Bathrooms:
    6
    Floor Area:
    4,692 sq. ft.
    A rare waterfront offering set on over 5 acres with over 650 ft of waterfrontage with a private dock, valuable foreshore lease, and deep-water moorage, providing direct access to the calm, protected waters of Finlayson Arm for year-round boating & fishing. Perched above the inlet, this private gated estate captures breathtaking ocean, mountain, and rugged West Coast views from an extraordinary vantage point. Thoughtfully designed to harmonize with its natural surroundings, the custom-built contemporary residence blends refined modern luxury with the serenity of coastal living. Over 4,600 sqft. of beautifully finished living space, the home features 5 bdrms & 6 bthms, expansive windows that frame the dramatic landscape, and generous living areas designed for both elegant entertaining and relaxed everyday living. Outdoors, a pool, hot tub, and outdoor shower create a private resort-like retreat overlooking the spectacular natural beauty of the inlet. An exceptional West Coast sanctuary. More details
    Listed by Sotheby's International Realty Canada
    Kathryn Alexander p.r.e.c.
  • 3191 Mutter Rd in Mill Bay: ML Mill Bay Single Family Residence for sale (Malahat & Area) : MLS®# 1034714

    3191 Mutter Rd ML Mill Bay Mill Bay V0R 2P3
    Main Photo: 3191 Mutter Rd in Mill Bay: ML Mill Bay Single Family Residence for sale (Malahat & Area)  : MLS®# 1034714
    $5,100,000
    Residential
    Status:
    Active
    MLS® Num:
    1034714
    Bedrooms:
    9
    Bathrooms:
    11
    Floor Area:
    8,266 sq. ft.
    At the end of a quiet no-through road in Mill Bay, Pine Lodge Farm is a rare 28-acre estate with sweeping ocean & Gulf Island views. Long cherished as a place for family gatherings, weddings & events, the property offers potential as a luxury retreat, vineyard estate, or multi-generational home. Fully fenced & beautifully landscaped, featuring rolling pasture, ponds, fruit trees, private walking trails, valuable timber, two road frontages & multiple patios to enjoy both sunrise & sunset. Thoughtfully redesigned principle residence offers soaring ceilings, 6 beds, 8 baths, chef’s kitchen, elevator, jacuzzi, in-law suite & expansive lower level. Multiple outbuildings & dwellings, create flexible opportunities for guest accommodation, multi-generational living or revenue-generating ventures. Minutes to the ocean, amenities, international private schools & easy access to Victoria & Vancouver. This one-of-a-kind Vancouver Island offering combines privacy, stunning views & opportunity. More details
    Listed by eXp Realty (DU)
    Kathryn Alexander p.r.e.c.
  • 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Land for sale (Malahat & Area) : MLS®# 1023503

    4229 Goldstream Heights Dr ML Malahat Proper Malahat V8H 2J1
    Main Photo: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Land for sale (Malahat & Area)  : MLS®# 1023503
    $4,774,900
    Residential
    Status:
    Active
    MLS® Num:
    1023503
    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. More details
    Listed by RE/MAX Generation - The Neal Estate Group
    Kathryn Alexander p.r.e.c.
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Data was last updated June 4, 2026 at 04:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.