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1003 Cedarwood Pl

$449,000

Cobble Hill

Land— · — · —Built 197341 days on market

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About this home

Land like this is getting harder to find, and in a location this good, it doesn’t come along often. Welcome to 1003 Cedarwood Place, a private 0.7 acre rural lot tucked at the end of a quiet cul-de-sac in one of Cobble Hill’s established neighbourhoods. With power, well and septic already in place, all your services are ready to go, giving you a real head start on building the home you’ve been dreaming about. Imagine designing a custom family home with room to breathe, a peaceful country retreat to escape to, or a long-term investment in a part of the Cowichan Valley that people fall in love with and rarely leave. No tight subdivision lot, no cookie-cutter floor plan, just space, privacy and the freedom to build something new on your own terms. Bring your builder, your ideas and your wish list, because this is where they finally get room to happen. And then there’s the lifestyle. Cobble Hill Mountain is close by with its network of hiking, mountain biking and equestrian trails, perfect for morning walks with the dog or a weekend ride. Spend Saturday mornings at the farm stands, afternoons touring South Cowichan’s wineries and cideries, and evenings enjoying the quiet that rural Vancouver Island does so well. Golf, local parks and a genuine sense of community round it out, and families will appreciate having schools nearby. When you want a change of scenery, Shawnigan Lake, Mill Bay and Cowichan Bay are all a short drive away for swimming, paddling, waterfront dining and village shopping. You get the country setting you’ve been looking for without giving up the conveniences that make day-to-day life easy. Opportunities to secure a private, serviced acreage lot in this setting are becoming more and more rare. The value here is in the land, the location and everything it could become. Picture your future front porch here and all the potential that comes with it. Mobile home on property is non inhabitable. Rendering is virtually designed (id:65179)

Property details

From the listing's public record.

Lot size

0.70 acres

Year built

1973

Taxes

$3,033/yr

Zoning

Residential

Parking

Garage

Lot

Cul-de-sacPrivate settingMarine Oriented

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 13, 2026

    Listed $449,000

    Active41 days on marketMLS 1049558

How this listing compares

Based on 10 sales in Malahat & Area

Median sold

$950,000

Avg days on market

93 days

Avg sale-to-list

91.9%

Avg $/sqft

—

Current market in Malahat & Area

Active (same type)

17

Pending

0

All active listings

127

Months of supply

20.4

Buyer's market — 20.4 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$573,000

Homes in Malahat & Area sell at 463.7% of assessed value on average.

Based on 10 recent sales.

Recent nearby sales

2 sales
  • 2871 Whiskey Point Rd

    $1,850,000

    — · — · — · 25 days on market

    Sold Aug 11, 2026 · 109% of list

  • 1894 Lakewood Rd

    $825,000

    — · — · — · 64 days on market

    Sold May 6, 2026 · 68.8% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

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Enter a rate to see the payment.

Loan amount

$449,000 − $89,800

$359,200

Down payment

20.0%

$89,800

Property Transfer Tax

$6,980

Legal / closing (est.)

$1,500

Cash to close

$98,280

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

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