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4229 Goldstream Heights Dr
ML Malahat Proper Malahat V8H 2J1

$3,750,000
Commercial Sale

Main Photo: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 1: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 2: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 3: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 4: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 5: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 6: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 7: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 8: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 9: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 10: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 11: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 12: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 13: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 14: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 15: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 16: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 17: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 18: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 19: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 20: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Photo 21: 4229 Goldstream Heights Dr in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1042153
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1042153
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. Revel in the solitude, the privacy, and the rich ecological diversity that makes this Forest such a rare find. The Comprehensive 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.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
ML Malahat Proper, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
336.002 acre(s)
Taxes:
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Regional/Improvement District, To Lot, Well: Drilled
Sewer:
Septic System: Common, Sewer Available, Sewer To Lot
Fireplace:
No
Pending Date:
Mountain(s), Valley
South Shawnigan Lake Exit to Stebbings, to Goldstream Heights Drive turn left, follow to Trailway and turn right. Follow to end of road (yellow gate)
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Zoning:
CD-1D, 1A
Units in Building:
Units in Community:
Utilities:
Cable Available, Electricity Available, Phone Available
Lot Site Features:
Acreage, Easy Access, No Through Road, Private, Quiet Area, Rocky, Rural Setting, In Wooded Area, See Remarks
Parking Features:
On Site
Total Parking Spaces:
10
Road Frontage Type:
Highway
Road Surface Type:
Paved, Unimproved
Total Units:
Date Listed:
Jul 02, 2026
Original Price:
3750000.0
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Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated July 11, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,249,900
Min list price:
$649,000
Max list price:
$19,999,900
Avg days on market:
78
Min days on market:
3
Max days on market:
311
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.

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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.