284 Prospect Lake Rd, Saanich
SW Prospect Lake · Single Family Residence · MLS® 1047585 · Listed Aug 21, 2026
Discover the possibilities of country living on this 4.25-acre ALR property in Central Saanich. Ideally located a short drive to shopping, downtown and major roads, this acreage offers excellent potential for horses, gardening and agricultural pursuits. The property features a barn, multiple outbuildings, metal boat/RV shelter, portable office, municipal water and a shallow well for garden watering. The 3-4 bedroom, 2-bath home offers a spacious primary bedroom with walk-in closet, functional floor plan, wood-burning fireplace, newer kitchen appliances, heat pump, vinyl windows, metal roof and built-in vacuum. The partial basement, with approximately 7'6" height, provides a large workshop and hobby room. Enjoy the deck and patio areas, plus the added convenience of a generator. A wonderful opportunity to update and personalize a home while enjoying the space, versatility and lifestyle this exceptional acreage provides.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Interior | 2,028 sqft |
| Lot Size | 185,130 sqft (4.25 acres) |
| Lot Features | Acreage |
| Parking | 6 spaces |
| Year Built | 1918 |
| Fireplaces | 1 |
| Heating | Heat Pump, Wood |
| Basement | Partial |
| Exterior | Frame Wood |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Water | Municipal, Well: Shallow |
| Sewer | Septic System |
| Zoning | Agricultural |
| Taxes | $6,674.35 (2026) |
| MLS® # | 1047585 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Prospect Lake single-family averages, updated daily. See Prospect Lake market stats or Saanich market stats.
It is listed at $1,589,000.
A Single Family Residence in SW Prospect Lake, Saanich with 4 bedrooms, 2 bathrooms, 2,028 sqft, built in 1918.
It has 6 parking spaces.
The lot is 185,130 sqft (4.25 acres).
Saanich is currently a balanced market: median sold price $2,000,000, 6 months of inventory, homes typically selling in about 51 days.
There are 8 houses for sale in Prospect Lake right now. Browse all Prospect Lake houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Prospect Lake is $2,000,000, based on 25 sales over the past 12 months. The median price per square foot is $661. Compare asking prices across the houses currently for sale in Prospect Lake.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 22, 2026.
