1848 Myhrest Rd
$3,250,000
Cobble Hill
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About this home
Discover an extraordinary country estate offering 16.23 private acres in the heart of the beautiful Cowichan Valley. Set at the end of a quiet private road, this exceptional A1-zoned property combines privacy, natural beauty and endless possibilities. The custom-built 2008 residence features quality craftsmanship, vaulted ceilings, elegant finishes, spacious living areas and expansive outdoor patios perfect for entertaining or relaxing while enjoying the peaceful and scenic surroundings. A large 60’ x 80’ detached barn, productive hay fields and rhubarb qualify the property for farm status and favourable property taxes. Ideal as a hobby farm, equestrian property or private rural retreat, the land also offers forested walking trails to explore and enjoy. A drilled well producing an impressive 30 GPM ensures an abundant water supply. A rare opportunity to embrace the best of Vancouver Island living just minutes from Cowichan Bay, Duncan and all the amenities of the Cowichan Valley. (id:65179)
Property details
From the listing's public record.
Lot size
16.23 acres
Year built
2007
Taxes
$6,403/yr
Zoning
Agricultural
View
Heating
Cooling
Lot
Style
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 6, 2026
Listed $3,250,000
Active35 days on marketMLS 1042348
How this listing compares
Based on 93 sales in Cobble HillMedian sold
$1,010,000
Avg days on market
59 days
Avg sale-to-list
97%
Avg $/sqft
$410
Price per square foot
Above area average
Current market in Cobble Hill
Active (same type)
21
Pending
17
All active listings
42
Months of supply
2.7
Seller's market — 2.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,167,000
Homes in Malahat & Area sell at 110.8% of assessed value on average.
Based on 237 recent sales.
Local price trend
How Cobble Hill has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales575 Marine View
$950,000
2 bd · 2 ba · 2,245 sqft · $423/sqft · 17 days on market
Sold Aug 4, 2026 · 97.4% of list
1696 Peerless Rd
$1,495,000
5 bd · 4 ba · 2,357 sqft · $634/sqft · 104 days on market
Sold Aug 4, 2026 · 94% of list
4210 Douglas Vale Pl
$1,318,000
5 bd · 3 ba · 2,986 sqft · $441/sqft · 15 days on market
Sold Aug 4, 2026 · 99.2% of list
3678 Arbutus Dr
$757,000
2 bd · 2 ba · 2,148 sqft · $352/sqft · 38 days on market
Sold Jul 31, 2026 · 94.7% of list
1245 Fisher Rd
$2,263,000
6 bd · 6 ba · 9,046 sqft · $250/sqft · 97 days on market
Sold Jul 31, 2026 · 100.6% of list
532 Marine View
$900,000
2 bd · 3 ba · 3,048 sqft · $295/sqft · 55 days on market
Sold Jul 30, 2026 · 92.3% of list
1494 Fisher Rd
$670,000
3 bd · 1 ba · 2,884 sqft · $232/sqft · 338 days on market
Sold Jul 28, 2026 · 90.7% of list
1116 Cheeke Rd
$875,000
4 bd · 4 ba · 1,990 sqft · $440/sqft · 16 days on market
Sold Jul 23, 2026 · 97.2% of list
1320 Bonner Cres
$865,000
3 bd · 2 ba · 1,977 sqft · $438/sqft · 33 days on market
Sold Jul 23, 2026 · 96.1% of list
3713 Holland Ave
$1,400,000
4 bd · 3 ba · 3,315 sqft · $422/sqft · 2 days on market
Sold Jul 20, 2026 · 93.4% of list
1307 Sylvia Pl
$1,499,000
5 bd · 4 ba · 4,198 sqft · $357/sqft · 31 days on market
Sold Jul 13, 2026 · 93.7% of list
1265 Hutchinson Rd
$789,000
2 bd · 1 ba · 1,626 sqft · $485/sqft · 19 days on market
Sold Jul 10, 2026 · 104% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$3,250,000 − $650,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$732,000
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?
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Listed by Sotheby's International Realty Canada