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:24212)
- Full Address:
- Lot A Paldi Road, Duncan, British Columbia
- Price:
- $ 12,000,000
- MLS Number:
- 1029984
- List Date:
- March 31st, 2026
- Neighbourhood:
- West Duncan
- Lot Size:
- 196 ac
- Taxes:
- $ 13,809
- Ownership Type:
- Freehold
- Legal Description:
- 162
Property Specifications
Interior Features
- Zoning:
- Commercial
Building Features
- Rooms:
Floors
- Lot Size:
- 196 ac
- Lot Features:
- See remarks
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: Peter DosanjhBrokerage: Pemberton Holmes Ltd.
Phone: 604-206-6768
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