Victoria Real Estate
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1870 Millstream Rd

$1,999,000

Western Highlands

Land— · — · —21 days on market

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About this home

Build the home you’ve always imagined on 29.2 acres of extraordinary Highlands landscape, where lakefront, forest, trails, and total privacy are yours to explore. Wake up to birdsong, wander the trails with a coffee, bike out for an afternoon adventure, or spend summer days swimming in your private pond. With multiple potential building sites, choose your setting—tucked into the forest, perched above the landscape, or overlooking Matson Lake. A creek borders the back of the property, creating even more privacy and natural beauty. Life here is quintessential Highlands: winding roads, slow Sunday drives, neighbours who love the outdoors, community gatherings at nearby Caleb Pike Heritage House, and endless trails around Jocelyn Hill, Lone Tree Hill and more. Yet Costco, Millstream Village, restaurants, schools, and everyday amenities are just five minutes away. This isn’t just a big lot—it’s the chance to create an entirely private life in one of the Island’s most beautiful communities. (id:65179)

Property details

From the listing's public record.

Lot size

29.20 acres

Taxes

$7,725/yr

Zoning

Unknown

View

Lake view

Waterfront

Waterfront on lake

Lot

AcreagePrivate settingWooded areaRocky

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 8, 2026

    Listed $1,999,000

    Active21 days on marketMLS 1051460

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Western Highlands

Active (same type)

1

Pending

0

All active listings

6

Months of supply

12

Buyer's market — 12 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,789,000

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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Loan amount

$1,999,000 − $399,800

$1,599,200

Down payment

20.0%

$399,800

Property Transfer Tax

$37,980

Legal / closing (est.)

$1,500

Cash to close

$439,280

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?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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