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.
Data was last updated April 23, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
192
Avg list price:
$1,064,500
Min list price:
$149,900
Max list price:
$5,985,000
Avg days on market:
45
Min days on market:
1
Max days on market:
442
Avg price per sq.ft.:
$473.52
These statistics are generated based on the current listing's property type
and located in
Malahat & Area. Average values are
derived using median calculations. This data is not produced by
the MLS® system.