Lot A Paldi Rd Duncan, British Columbia V9L 6H6
$12,000,000
Elk Ridge Estates is a rare large-scale master-planned community in the Cowichan Valley near Duncan, Vancouver Island. This court-ordered sale includes ~196 acres with long-term expansion potential, planned for up to ~355 homes (suites, single- and multi-family), ~100,000 sq. ft. of commercial space, 1 institutional lot, and a ~50-unit hotel/resort.A key asset is the provincially approved licensed water resource, structured for phased implementation.Natural features include four creeks, interconnected trails, three parks, a proposed sports plex, and strong wildlife presence.Infrastructure includes underground power, plus temporary power and water supporting two permitted showrooms.Phase 1 is approved for 103 lots (including five mixed-use) and is cleared.Appraised “as-is” at $28,900,000 10 minutes from downtown Duncan and the new hospital, with full due diligence and a clear phased path to execution. (id:63400)
Property Details
| MLS® Number | 1029984 |
| Property Type | Vacant Land |
| Neigbourhood | West Duncan |
| Features | See Remarks |
| Plan | Vip19885 |
Building
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Size Irregular | 196 |
| Size Total | 196 Ac |
| Size Total Text | 196 Ac |
| Zoning Description | Cd-1 |
| Zoning Type | Commercial |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/29539017/lot-a-paldi-rd-duncan-west-duncan
Peter Dosanjh
150-805 Cloverdale Ave
Victoria, British Columbia V8X 2S9
(250) 384-8124
(800) 665-5303
(250) 380-6355
www.pembertonholmes.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 02 2026 12:32:02
Victoria Real Estate Board
Pemberton Holmes Ltd.