284 Prospect Lake Rd

About this home

Discover the possibilities of country living on this 4.25-acre ALR property. Conveniently located just minutes from shopping, downtown and major roads, this acreage offers a rare combination of space, versatility and opportunity. Agricultural zoning and ALR designation provide excellent potential for horses, gardening and a variety of agricultural pursuits. The property includes a 3 stall barn and multiple outbuildings, a metal boat/RV shelter, portable office building, municipal water and a shallow well for garden watering. There is plenty of room to enjoy the outdoors, with deck and patio areas for relaxing and entertaining. The spacious 3-4 bedroom, 2-bathroom home offers a functional floor plan with plenty of potential to update and personalize. The generous primary bedroom features a walk-in closet, while the living room provides a welcoming gathering space with a wood-burning fireplace. Additional features include newer kitchen appliances, heat pump, vinyl windows, metal roof, built-in vacuum and 17kw generator with auto start-up. The approximately 7'6'' partial basement adds valuable versatility with a large workshop and hobby room, providing excellent space for projects, storage or hobbies. Whether you're looking for room for horses, gardens, recreational vehicles, hobbies or simply the freedom and privacy of acreage living, this property offers an exciting opportunity to create your ideal Central Saanich lifestyle. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Aug 22, 2026

   Listed $1,589,000

   Active8 days on marketMLS 1047585

Current market in Saanich West

Seller's market — 3.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Local price trend

How West Saanich has moved over the last decade.

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  $950,000

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  3 bd · 2 ba · 1,728 sqft · $550/sqft · 70 days on market

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  3 bd · 2 ba · 1,342 sqft · $671/sqft · 49 days on market

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  $850,000

  3 bd · 1 ba · 1,933 sqft · $440/sqft · 48 days on market

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  3 bd · 3 ba · 2,323 sqft · $561/sqft · 29 days on market

  Sold Aug 17, 2026 · 100.3% of list

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  $1,060,000

  5 bd · 2 ba · 2,310 sqft · $459/sqft · 34 days on market

  Sold Aug 14, 2026 · 96.5% of list

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  $835,000

  3 bd · 1 ba · 1,546 sqft · $540/sqft · 14 days on market

  Sold Aug 14, 2026 · 98.4% of list

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  $1,169,000

  4 bd · 3 ba · 2,690 sqft · $435/sqft · 12 days on market

  Sold Aug 14, 2026 · 98.2% of list

• 4259 Craigo Park Way

  $1,090,000

  5 bd · 2 ba · 2,279 sqft · $478/sqft · 31 days on market

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• 758 Newbury St

  $1,150,000

  3 bd · 2 ba · 1,895 sqft · $607/sqft · 31 days on market

  Sold Aug 13, 2026 · 97.9% of list

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