RARE OCEAN VIEW 360+ acre property with Trans Canada highway frontage near south Shawnigan Lake Rd turnoff & TC Hwy 1. The former E&N Rail line & hydro lines off Okotoks Rd & Shawnigan Lake Rd run through the property. CVRD land is zoned RUR-1. It is indicated there may be 100 million tonnes of rock. The lower portion borders light industrial & TC Hwy 1. The property traverses the Cowichan Valley Trail and neighbours residential acreages. The north east part borders TC Hwy 1 & is currently being surveyed by Dept of Highways for potential highway access/egress to Shawnigan Lake Rd. residential 40 acre parcel also available for sale. A partially paved road through a former gravel pit off Stebbings wil have a registered RoW for access to the site. The property is located 15 minutes North of Langford & Westshore Parkway. With careful planning in partnership with CVRD, this property could set the stage for a multi-purpose development catering to the needs of the community.
Data was last updated December 10, 2023 at 04:05 AM (UTC)
Area Statistics
Listings on market:
145
Avg list price:
$924,000
Min list price:
$295,000
Max list price:
$19,900,000
Avg days on market:
66
Min days on market:
1
Max days on market:
418
Avg price per sq.ft.:
$473.33
These statistics are generated based on the current listing's property type
and located in
Malahat & Area. Average values are
derived using median calculations.