DL54 Malahat (Off) St, Malahat
Malahat Proper · Unimproved Land · MLS® 1033198 · Listed Apr 23, 2026
Exceptional 40-acre ocean view parcel in the sought-after Goldstream Heights area of the Malahat, within the Capital Regional District (CRD). Located in the Malahat Settlement Area of the OCP, this property supports future residential and mixed-use development, with a clear path to subdivision and target parcel sizes of approximately 1 hectare (2.47 acres). The designation encourages well-planned integration of residential and commercial uses, supported by guidelines that protect long-term value and livability. Part of a rare 400+ acre land assembly, including a neighbouring 338-acre parcel and 22-acre industrial site, offering scale for a comprehensive master-planned vision. Ocean views, privacy, and convenient access to the Trans-Canada Highway, all within easy reach of Greater Victoria. Buyers to verify permitted uses with the CRD.
| Property Type | Unimproved Land |
| Lot Size | 1,742,400 sqft (40 acres) |
| Lot Features | Acreage, Cul-De-Sac, Easy Access, Hillside, Marina Nearby, No Through Road, Park Setting, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Wooded, See Remarks |
| Water | None |
| Sewer | Septic Needed, None |
| Taxes | $1,089.16 (2025) |
| Extras | Real Estate |
| MLS® # | 1033198 |
| 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 $1,999,900.
The lot is 1,742,400 sqft (40 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 25, 2026.
