Gorge Vale · Unimproved Land · MLS® 1044857 · Listed Aug 1, 2026
18,480 sqft
Lot
Overview
About This Property
Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.
Property Details
Features & Details
Property Type
Unimproved Land
Lot Size
18,480 sqft (0.42 acres)
Lot Features
Central Location, Easy Access, Landscaped, Near Golf Course, Serviced
Water
Municipal
Sewer
Sewer Connected
Taxes
$9,700.85 (2026)
MLS® #
1044857
Brokerage
Initium Real Estate Ltd.
Location
Map
Neighbourhood
Neighbourhood Scores
Public record · MLS® record
Property History
For sale now at $1,850,000.
Listed (Active)MLS®
Aug 1, 2026 · 87 days on market
$1,850,000
No registered sales on file yet.
Members see the full listing history: list and sold prices, price changes, relists, expired listings and days on market. Create a free account
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Sold Comparables
Recently Sold Nearby
Similar properties sold within 6 months
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sold comparables
See what comparable homes near 863 Parklands Dr, Esquimalt actually sold for.
24 sales in Gorge Vale in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
See what comparable homes near 863 Parklands Dr, Esquimalt actually sold for.
24 sales in Gorge Vale in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
How much is 863 Parklands Dr, Esquimalt listed for?
It is listed at $1,850,000.
How big is the lot at 863 Parklands Dr, Esquimalt?
The lot is 18,480 sqft (0.42 acres).
What is the Esquimalt real estate market like now?
Esquimalt is currently a balanced market: median sold price $727,500, 5.3 months of inventory, homes typically selling in about 36 days.
What other commercial properties are for sale in Gorge Vale?
There are 7 commercial properties for sale in Gorge Vale right now. Browse all Gorge Vale commercial properties for sale to see current listings, updated daily from the MLS® system.
How much do commercial properties cost in Gorge Vale?
The median commercial propertie sold price in Gorge Vale is $727,500, based on 24 sales over the past 12 months. The median price per square foot is $549. Compare asking prices across the commercial properties currently for sale in Gorge Vale.