HomeSaanichSW West Saanich
$3,699,800

5489 Forest Hill Rd, Saanich

5489 Forest Hill Rd, Saanich

SW West Saanich · Single Family Residence · MLS® 1026282 · Listed May 8, 2026

7
Beds
8
Baths
5,307
Sqft
5.24 Acres
Lot
12
Parking
1980
Built
Overview

About This Property

An extraordinary offering for inter-generational living, this legacy 5.23-acre Elk Lake estate features two detached residences with panoramic lake and mountain views. First time offered in 35+ years, the property offers dual access from Forest Hill and Doyle Road and includes mature orchards, fruit and nut trees, terraced gardens, and trails leading to peaceful lakefront paths. The 3,000+ sq.ft. main home features 4 bedrooms—all with ensuites—an open kitchen and family room, and a large deck with handcrafted forno.This home offers unmatched potential to update without changing any of the layout. A separate one-bedroom suite offers ideal space for guests, caretakers, or rental. The second residence includes 2–3 bedrooms, full kitchen, and double garage—perfect for extended family or multi-generational use. Peaceful, private, and beautifully cultivated—this is a once-in-a-generation opportunity to own a legacy property in one of Vancouver Island’s most coveted lakefront communities.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms7
Bathrooms8
Interior5,307 sqft
Lot Size228,254.4 sqft (5.24 acres)
Parking12 spaces (2 garage)
Year Built1980
Fireplaces1
HeatingForced Air
BasementCrawl Space
ExteriorInsulation: Ceiling, Insulation: Walls, Wood
RoofWood
FoundationConcrete Perimeter
FlooringCarpet
WaterMunicipal
SewerSeptic System
ZoningResidential
Taxes$3,126.07 (2025)
ExtrasDishwasher, Hot Tub, Trash Compactor
MLS® #1026282
BrokerageRE/MAX Camosun
Location

Map

Neighbourhood

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Property Insights

History & Activity

  • ListedSep 18, 2025MLS® 1012177$4,000,000
Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

west saanich · single-family
$1,704,000
Median Sold
6
Months of Supply
43
Avg Days to Sell
Balanced
Market

West Saanich single-family averages, updated daily. See West Saanich market stats or Saanich market stats.

Questions about this property

How much is 5489 Forest Hill Rd, Saanich listed for?

It is listed at $3,699,800.

What kind of home is 5489 Forest Hill Rd, Saanich?

A Single Family Residence in SW West Saanich, Saanich with 7 bedrooms, 8 bathrooms, 5,307 sqft, built in 1980.

Does 5489 Forest Hill Rd, Saanich have parking?

It has 10 parking spaces.

How big is the lot at 5489 Forest Hill Rd, Saanich?

The lot is 228,254.4 sqft (5.24 acres).

What is the Saanich real estate market like now?

Saanich is currently a balanced market: median sold price $1,704,000, 6 months of inventory, homes typically selling in about 43 days.

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VREB · Victoria Real Estate Board

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 6, 2026.