Single Family Residence located in Malahat & Area - ML Mill Bay, V8H 1B5
2127 sqft, 3 Beds, 2 Baths
Listed by Ron NealRE/MAX Generation - The Neal Estate Group - Listed On: May 19, 2026
- Built in: 1975
- Type: Residential
- Interior Features: Dining Room,
- Exterior Features: Balcony/Deck,
- Cooling: Air Conditioning,
- Heating: Baseboard, Electric, Heat Pump, Wood,
- Fireplaces: 2
- Flooring: Array
- Appliances: Freezer, Oven/Range Electric, Range Hood, Refrigerator,
- Basement: Partially Finished, Walk-Out Access, With Windows,
- Foundation Details: Concrete Perimeter,
- Lot Size: 2.37 acres
- Total Parking: 5
- Parking Features: Carport, Driveway, RV Access/Parking,
- Features: Acreage, Easy Access, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Shopping Nearby, In Wooded Area, Wooded,
- Zoning: R2
Description
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 and 1 bathroom in the main, along with a studio suite below that could be reconfigured into a self-contained 1-bedroom, 1 bathroom 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.