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$ 12,000,000
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Active
Lot A Paldi Rd Duncan, BC V9L6H6
196 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision West Duncan
MLS® Listing ID 1029984
Lot Size 196.000 Acres
Acres 196.0
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Zoning Commercial
Rooms
Kitchen 0.0
Extra Room 1 Other Measurements not available Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Pemberton Holmes Ltd.