721 Noowick Rd, Mill Bay
Mill Bay · Single Family Residence · MLS® 1041588 · Listed Jun 25, 2026
Set on nearly 2.5 acres, this rare offering presents an exceptional opportunity for those seeking space today and strong future upside. Offered for the first time, this custom-built home combines solid construction with outstanding potential for subdivision and redevelopment (buyer to verify). The home features 3 bedrooms total with 1 bathroom on the main floor, and a self-contained studio suite below, with a full bathroom that could be easily reconfigured into a 1-bed suite—ideal for extended family or rental income. Thoughtful updates include a durable metal roof, along with new windows and doors, enhancing both efficiency and long-term value. Serviced by both city water and a private well, the property offers flexibility and convenience rarely found in parcels of this size. With ample space for expansion, gardens, or future planning, this property is a compelling hold or development candidate in a growing area.
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Interior | 2,127 sqft |
| Lot Size | 103,237.2 sqft (2.37 acres) |
| Lot Features | Acreage, Easy Access, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Shopping Nearby, In Wooded Area, Wooded |
| Parking | 5 spaces |
| Year Built | 1975 |
| Fireplaces | 2 |
| Heating | Baseboard, Electric, Heat Pump, Wood |
| Basement | Partially Finished, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Glass, Wood |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Concrete, Laminate, Linoleum, Mixed, Tile |
| Water | Municipal, Well: Drilled |
| Sewer | Septic System |
| Zoning | Residential |
| Taxes | $4,058.03 (2025) |
| Extras | Freezer, Oven/Range Electric, Range Hood, Refrigerator |
| MLS® # | 1041588 |
| Brokerage | RE/MAX Generation - The Neal Estate Group |
Similar properties sold within 6 months
Mill Bay single-family averages, updated daily. See Mill Bay market stats or Mill Bay market stats.
It is listed at $849,000.
A Single Family Residence in Mill Bay, Mill Bay with 3 bedrooms, 2 bathrooms, 2,127 sqft, built in 1975.
It has 5 parking spaces.
The lot is 103,237.2 sqft (2.37 acres).
Mill Bay is currently a seller's market: median sold price $1,140,000, 3.6 months of inventory, homes typically selling in about 46 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 25, 2026.
