
1003 Cedarwood Pl
$449,000
Cobble Hill
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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
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 13, 2026
Listed $449,000
Active41 days on marketMLS 1049558
How this listing compares
Based on 10 sales in Malahat & AreaMedian 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 sales2871 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?
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Estimate
Monthly mortgage
—
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Loan amount
$449,000 − $89,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.