Listing by Peter Dosanjh Pemberton Holmes Ltd.

$12,000,000

Est. payment - /mo

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196 Acres Lot

Active

Lot A Paldi Rd Duncan, BC V9L 6H6

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Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1029984

HOA Y/N No

Annual Tax Amount $13,809

Tax Year 2025

Lot Size 196.000 Acres

Acres 196.0

Property Sub-Type Land

Property Description

Elk Ridge Estates is a rare large-scale master-planned community in the Cowichan Valley near Duncan, Vancouver Island. This court-ordered sale includes ~196 acres with long-term expansion potential, planned for up to ~355 homes (suites, single- and multi-family), ~100,000 sq. ft. of commercial space, 1 institutional lot, and a ~50-unit hotel/resort.A key asset is the provincially approved licensed water resource, structured for phased implementation.Natural features include four creeks, interconnected trails, three parks, a proposed sports plex, and strong wildlife presence.Infrastructure includes underground power, plus temporary power and water supporting two permitted showrooms.Phase 1 is approved for 103 lots (including five mixed-use) and is cleared.Appraised “as-is” at $28,900,000 10 minutes from downtown Duncan and the new hospital, with full due diligence and a clear phased path to execution.

Location

Province BC

County Cowichan Valley Regional District

Community Du West Duncan

Area Duncan

Zoning CD-1

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, See Remarks

View Y/N false

Garage No

Building

Lot Description See Remarks

Sewer Other

Water Other

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

NEARBY SCHOOLS & PROPERTIES

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

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