HomeSaanichWest SaanichWest Saanich Houses with a Suite for Sale
$3,699,800

5489 Forest Hill Rd, Saanich

5489 Forest Hill Rd, Saanich

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)
LaundryIn House
ExtrasDishwasher, Hot Tub, Trash Compactor
MLS® #1026282
BrokerageRE/MAX Camosun
Location

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Public record · MLS® record

Property History

For sale now at $3,699,800.

Listed (Active)MLS®
May 8, 2026 · 184 days on market
$3,699,800
Members-only MLS® event
Feb 2026
Members-only MLS® event
Sep 2025

No registered sales on file yet.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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sold comparables

See what comparable homes near 5489 Forest Hill Rd, Saanich actually sold for.

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Similar Active Listings

Similar Properties

The local market right now

west saanich · single-family
Seller’s market
$1,600,000
Median sold
3.8
Months of supply
41
Avg days to sell

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 (Attached, Driveway, Garage Double).

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 seller's market: median sold price $1,600,000, 3.8 months of inventory, homes typically selling in about 41 days.

What other houses are for sale in West Saanich?

There are 5 houses for sale in West Saanich right now. Browse all West Saanich houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in West Saanich?

The median house sold price in West Saanich is $1,600,000, based on 7 sales over the past 12 months. The median price per square foot is $656. Compare asking prices across the houses currently for sale in West Saanich.

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VREB · Victoria Real Estate Board

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Nov 9, 2026.

Parcel: LTSA ParcelMap BC (OGL-BC) · Streets: BC Road Atlas · © Mapbox © OSM ⓘ
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