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319 Stebbings Rd

$2,499,900

Shawnigan

Detached14 bd · 8 ba · 6,742 sqftBuilt 2007$371/sqft44 days on market

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About this home

We just found your DREAM HOME! 5-bed, 4-bath modern country home plus a fully permitted 4-suite carriage home on 5 private acres in Shawnigan Lake — a rare Vancouver Island estate offering luxury family living, multi-generational flexibility & strong rental income on a single title. The 4,082 sqft main residence features 10-ft & vaulted ceilings, wide-plank floors & a chef's kitchen w/ stone counters, stainless appliances, large island & walk-in pantry. Main floor opens to a stone fireplace great room, formal dining, family room, den, mudroom, full bath & laundry — built for entertaining & everyday family living. Spa-inspired primary ensuite, generous secondary bedrooms & a self-contained in-law suite easily connected to the main home. The new 2,644 sqft carriage home delivers 4 identical 2-bed/1-bath suites, each w/ private entry, deck, full kitchen, in-suite laundry, dedicated parking, on-demand hot water & forest outlooks — currently generating $7,200/mo, w/ total property revenue potential of $14,000/mo. Major upgrades include 2 heat pumps, 2 furnaces, new septic, dual UV water system, new cistern, electrical upgrade, refreshed decks, fencing, landscaping, vegetable garden, pond & 2-car garage plus ample parking. Surrounded by mountain peaks & old-growth forest, minutes to Shawnigan Lake, hiking trails, ocean access & Mill Bay village, w/ quick highway access to Victoria, Langford & Duncan. Close to Shawnigan Lake School & Brentwood College, and an easy commute to BC Ferries & Victoria International Airport. A peaceful West Coast lifestyle property on Southern Vancouver Island offering privacy, proven cash flow, modern comfort & room to grow — ideal for multi-generational families, investors or buyers seeking a turnkey country estate w/ revenue in the heart of Shawnigan Lake. TOO MUCH TO MENTION HERE. PLEASE SEE OUR BROCHURE or call to book your private viewing 250-588-4259 (id:65179)

Property details

From the listing's public record.

Lot size

5 acres

Year built

2007

Taxes

$11,618/yr

Zoning

Residential

View

Mountain viewValley view

Appliances

WasherRefrigeratorRange - GasRange - ElectricDishwasherRangeDryerMicrowave

Heating

Heat PumpForced airElectricPropane

Cooling

Central air conditioningFully air conditioned

Lot

AcreageLevel lotPrivate settingSouthern exposureWooded areaPartially cleared

Style

Contemporary

Security

Fire alarm system

Price history

4 records

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

  1. May 16, 2026

    Listed $2,499,900

    Active44 days on marketMLS 1037133
  2. Mar 27, 2026

    Listed $2,750,000

    CancelledMLS 1030236
  3. Jan 22, 2026

    Listed $2,545,000

    Cancelled64 days on marketMLS 1023906
  4. Oct 23, 2025

    Listed $2,595,000

    Cancelled90 days on marketMLS 1017798

How this listing compares

Based on 83 sales in Shawnigan

Median sold

$950,000

Avg days on market

52 days

Avg sale-to-list

97.4%

Avg $/sqft

$462

Price per square foot

This home: $371/sqftArea average: $462/sqft

Below area average

Current market in Shawnigan

Active (same type)

32

Pending

13

All active listings

54

Months of supply

4.6

Balanced market4.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,324,000

Land

$739,000

Improvements

$1,585,000

Homes in Malahat & Area sell at 106.1% of assessed value on average.

Based on 238 recent sales.

Local price trend

How Shawnigan has moved over the last decade.

5377102Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 1116 Fitzgerald Rd

    $780,000

    3 bd · 3 ba · 2,287 sqft · $341/sqft · 39 days on market

    Sold Jun 29, 2026 · 98.9% of list

  • 2132 Dandelion Lane

    $770,000

    3 bd · 2 ba · 1,408 sqft · $547/sqft · 29 days on market

    Sold Jun 29, 2026 · 96.9% of list

  • 1141 Trailhead Lane

    $980,000

    4 bd · 3 ba · 3,298 sqft · $297/sqft · 142 days on market

    Sold Jun 22, 2026 · 99.5% of list

  • 1038 Skylar Cir

    $715,000

    3 bd · 3 ba · 1,744 sqft · $410/sqft · 29 days on market

    Sold Jun 18, 2026 · 95.5% of list

  • 1885 Verlon Rd

    $1,160,000

    5 bd · 2 ba · 2,821 sqft · $411/sqft · 11 days on market

    Sold Jun 15, 2026 · 96.7% of list

  • 2371 Renfrew Rd

    $1,370,000

    4 bd · 3 ba · 4,003 sqft · $342/sqft · 70 days on market

    Sold Jun 11, 2026 · 97.9% of list

  • 2161 Wildflower Rd

    $1,200,000

    4 bd · 4 ba · 3,260 sqft · $368/sqft · 7 days on market

    Sold Jun 10, 2026 · 100% of list

  • 2392 Robertson Rd

    $749,900

    3 bd · 2 ba · 1,629 sqft · $460/sqft · 25 days on market

    Sold Jun 8, 2026 · 100% of list

  • 2380 Damascus Rd

    $690,000

    3 bd · 2 ba · 2,058 sqft · $335/sqft · 6 days on market

    Sold May 28, 2026 · 115% of list

  • 1728 Robin Hill Dr

    $820,000

    5 bd · 2 ba · 2,142 sqft · $383/sqft · 23 days on market

    Sold May 21, 2026 · 98.8% of list

  • 2366 Losee Rd

    $1,300,000

    4 bd · 4 ba · 4,714 sqft · $276/sqft · 19 days on market

    Sold May 14, 2026 · 100% of list

  • 2715 Worthington Rd

    $590,000

    3 bd · 2 ba · 1,431 sqft · $412/sqft · 6 days on market

    Sold May 13, 2026 · 102.6% of list

More on this listing

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