547 ELKWOOD Rd, Saanich
SW West Saanich · Single Family Residence · MLS® 1005008 · Listed Jul 2, 2025
One of a kind equestrian estate offering over 10 acres of private, subdividable land overlooking Elk Lake in sought after Saanich West. Substantially renovated main home, detached garage with coach house above, a triple garage/workshop, main barn (5 stalls, tack room, bathroom and caretaker suite), riding ring, state of the art composting facility, massive indoor riding arena (over 17,000 sq ft with 12 stalls) and a tennis/sport court. The main home offers over 4200 sq ft of finished space, with 3 beds plus study/office/flex spaces. Main level features an open concept kitchen with a solarium style dining area, formal living room with fireplace, dining area and family room. The upper levels offer 3 beds, (including a generous primary with stunning lake views, walk in closet and luxe ensuite), an exquisite second bath, study and office space. The 1-bed coach house makes a perfect office/rental/guest house. 15min to Victoria, Ferries and the Airport. Call now to book your private tour.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 7 |
| Interior | 5,872 sqft |
| Lot Size | 470,448 sqft (10.8 acres) |
| Lot Features | Private, Rectangular Lot |
| Parking | 15 spaces (5 garage) |
| Year Built | 1974 |
| Fireplaces | 2 |
| Heating | Heat Pump, Hot Water |
| Basement | Partial |
| Exterior | Other |
| Roof | Other |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Well: Drilled |
| Sewer | Septic System |
| Zoning | Agricultural |
| Taxes | $4,047.5 (2024) |
| MLS® # | 1005008 |
| Brokerage | Team 3000 Realty Ltd |
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West Saanich single-family averages, updated daily. See West Saanich market stats or Saanich market stats.
547 ELKWOOD Rd, Saanich sold on August 29, 2025, after 58 days on the market.
It sold for $4,396,500 (listed at $4,790,000). Source: BC Assessment (registered sale).
It was on the market for 58 days, from July 2, 2025 to August 29, 2025.
A Single Family Residence in SW West Saanich, Saanich with 4 bedrooms, 7 bathrooms, 5,872 sqft, built in 1974.
It has 10 parking spaces.
The lot is 470,448 sqft (10.8 acres).
547 ELKWOOD Rd, Saanich sold for $4,396,500, 194.7% above its BC-assessed value of $1,491,958 (assessed July 1, 2025) — a sale-to-assessment ratio of 295%. Source: BC Assessment.
Saanich is currently a buyer's market: median sold price $1,910,000, 18 months of inventory, homes typically selling in about 43 days.
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: Jul 26, 2026.