Real Estate Salt Spring Island Bc
Lot A Paldi Rd
Du West Duncan
Duncan
V9L 6H6
$12,000,000
Residential
beds: 0
baths: 0.0
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1029984
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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.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Du West Duncan, Duncan
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 196.001 acre(s)79.3 hectare(s)
- Kitchens:
- 0
- Taxes:
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- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Other
- Sewer:
- Other
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Units in Building:
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- Units in Community:
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- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Utilities:
- Electricity Available, See Remarks
- Lot Site Features:
- See Remarks
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 0
- Road Frontage Type:
- Highway
- Total Units:
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- Date Listed:
- Mar 31, 2026
- Original Price:
- 1.2E7
Larger map options:
Listed by Pemberton Holmes Ltd.
Data was last updated April 7, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 110
- Avg list price:
- $639,500
- Min list price:
- $238,980
- Max list price:
- $12,000,000
- Avg days on market:
- 43
- Min days on market:
- 1
- Max days on market:
- 364
- Avg price per sq.ft.:
- $385.34
These statistics are generated based on the current listing's property type
and located in
Du West Duncan. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.