2766 Island View Rd
$1,279,900
Island View
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About this home
**2.58 LEVEL ACRES IN THE HEART OF CENTRAL SAANICH!** An exceptional opportunity in the beautiful Martindale Valley! This sunny, level and usable property offers 2.58 acres of A1 Agricultural zoned land within the ALR, ideal for farming, hobby agriculture, or creating your dream rural estate. The 1950s home is a **TOTAL FIXER-UPPER**, requiring extensive renovation throughout. Solidly built in the style of its era, the home may be a worthwhile restoration project for the right buyer. It offers approximately 900 sq. ft. finished on the main level plus a 773 sq. ft. finished walk-out lower level. Outbuildings include a detached 19' x 22' double garage and a 20' x 40' barn - both need work. A1 zoning offers potential for a new principal residence while possibly retaining the existing home as a secondary dwelling, subject to approvals. A rare opportunity to secure a substantial acreage just minutes from Sidney, Victoria, the airport and ferries. Renovate, rebuild or reimagine! Call Now! (id:65179)
Property details
From the listing's public record.
Lot size
2.58 acres
Year built
1959
Taxes
$6,030/yr
Zoning
Agricultural
View
Heating
Parking
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 15, 2026
Listed $1,279,900
Active15 days on marketMLS 1052391
How this listing compares
Based on 166 sales in Central SaanichMedian sold
$1,220,000
Avg days on market
39 days
Avg sale-to-list
97.1%
Avg $/sqft
$472
Price per square foot
Above area average
Current market in Central Saanich
Active (same type)
40
Pending
8
All active listings
131
Months of supply
2.9
Seller's market — 2.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,417,000
Homes in Central Saanich sell at 113.2% of assessed value on average.
Based on 163 recent sales.
Local price trend
How Island View has moved over the last decade.
Local price index (normalized) · 116 months
Recent nearby sales
12 sales2-6755 Wallace Dr
$915,000
4 bd · 2 ba · 2,956 sqft · $310/sqft · 147 days on market
Sold Oct 26, 2026 · 94.4% of list
2056 Skyline Cres
$1,095,000
4 bd · 3 ba · 2,399 sqft · $456/sqft · 9 days on market
Sold Oct 22, 2026 · 99.6% of list
1055 Clarke Rd
$1,065,500
5 bd · 2 ba · 2,196 sqft · $485/sqft · 15 days on market
Sold Oct 20, 2026 · 99.8% of list
7012 Island View Pl
$1,817,000
6 bd · 7 ba · 4,310 sqft · $422/sqft · 23 days on market
Sold Oct 15, 2026 · 95.7% of list
7022 Wallace Dr
$890,000
3 bd · 3 ba · 1,853 sqft · $480/sqft · 78 days on market
Sold Oct 15, 2026 · 97.3% of list
1193 Garden Gate Dr
$2,050,000
5 bd · 3 ba · 5,055 sqft · $406/sqft · 124 days on market
Sold Oct 8, 2026 · 96.3% of list
1112 Vic Pl
$1,053,000
2 bd · 2 ba · 1,469 sqft · $717/sqft · 13 days on market
Sold Oct 8, 2026 · 100.3% of list
6224 Robin Way
$1,160,000
5 bd · 3 ba · 3,056 sqft · $380/sqft · 15 days on market
Sold Oct 7, 2026 · 96.7% of list
793 Stelly's Cross Rd
$1,095,000
3 bd · 2 ba · 1,879 sqft · $583/sqft · 62 days on market
Sold Oct 6, 2026 · 97.3% of list
901 Verdier Ave
$845,000
2 bd · 2 ba · 1,159 sqft · $729/sqft · 32 days on market
Sold Oct 5, 2026 · 94% of list
1131 Holly Park Rd
$1,080,000
3 bd · 3 ba · 2,521 sqft · $428/sqft · 34 days on market
Sold Oct 5, 2026 · 96% of list
6371 Conconi Pl
$1,481,250
5 bd · 3 ba · 4,260 sqft · $348/sqft · 7 days on market
Sold Oct 1, 2026 · 99.4% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,279,900 − $255,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$281,078
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 RE/MAX Camosun