Block 1241 Malahat (Off) Hwy, Malahat
Malahat Proper · Unimproved Land · MLS® 1033201 · Listed Apr 23, 2026
Premier 360-acre holding forming part of a rare 400-acre contiguous land assembly on the Malahat, one of Southern Vancouver Island’s most significant development opportunities. Strategically located just 15 minutes from Langford and Greater Victoria, this expansive parcel offers scale, highway frontage, and long-term upside. Zoned RUR-1 with a Forest Resource designation, it supports resource use today while positioning for future rezoning. Approximately 22 acres are designated for industrial use, enhancing flexibility for a mixed-use vision. Combined with the adjacent 40-acre Settlement Area parcel in the CRD, this assembly presents compelling potential for a master-planned community incorporating residential, commercial, and light industrial uses. Strong exposure to the Trans-Canada Highway, proximity to a former rail corridor, and potential for future access further elevate the opportunity. A landmark land banking or development asset in a rapidly growing corridor.
| Property Type | Unimproved Land |
| Lot Size | 15,681,600 sqft (360.14 acres) |
| Lot Features | Acreage, Cul-De-Sac, Easy Access, Hillside, Marina Nearby, Park Setting, Private, Recreation Nearby, Rural Setting, In Wooded Area, Wooded, See Remarks |
| Taxes | $16,390.24 (2025) |
| MLS® # | 1033201 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Malahat Proper all property types averages, updated daily. See Malahat Proper market stats or Malahat market stats.
It is listed at $19,999,900.
The lot is 15,681,600 sqft (360.14 acres).
Malahat is currently a buyer's market: median sold price $1,140,000, 9 months of inventory, homes typically selling in about 89 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: Aug 24, 2026.
