4797 Elk Rd

About this home

Rare opportunity to own 2 acres of A-1 Rural zoned land on quiet, no-thru Elk Road in Saanich — where genuine country living and city convenience exist side by side. Tucked away from traffic yet minutes from everything, this property offers one of the most versatile lifestyle opportunities remaining in Greater Victoria. The land: Generous well @ 12 GPM, Geotechnical study (Ryzuk, Feb 2026) confirms exceptional ground conditions — bedrock at or near surface across the main building area, Site Class 'B' seismic rating, and stable stiff clay at the workshop/accessory building zone. Foundation engineering is essentially done. Build with confidence. The zoning: A-1 Rural permits a single-family home up to 4,306 sq ft, a legal secondary suite, a home-based business, a bed & breakfast, on-site produce sales, agricultural use, and hobby farming. - all welcome.  The lifestyle: Step outside onto Elk Road's quiet no-thru lanes — ideal for morning walks, cycling, or dogs off-leash — then within minutes reach Elk/Beaver Lake Regional Park with 10+ km of trails, swimming, rowing, and cycling. Broadmead Village and Royal Oak shopping are a short drive for daily essentials, dining, and services. Saanich Commonwealth Place — one of BC's premier aquatic and fitness facilities — is nearby. Schools including Royal Oak Middle, Northridge Elementary, Claremont Secondary, and the broader Saanich School District 63 are all close at hand. Downtown Victoria is 15 minutes south. The opportunity: Produce a small farm income, run a business from home, or simply enjoy the rare luxury of space and privacy within city limits. Properties like this — with professional reports already completed and lifestyle this complete — are exceptionally uncommon in today's market. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Apr 23, 2026

   Listed $1,650,000

   Active67 days on marketMLS 1031375

2. Sep 2, 2025

   $1,500,000

   Sold19 days on marketMLS 997255

3. Jan 8, 2024

   Listed $1,783,000

   Expired162 days on marketMLS 950706

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Prospect Lake

Buyer's market — 24 months of supply at the current sales pace.

Assessment

From publicly available property records.

• 0 Helmcken Rd

  $600,000

  — · — · — · 535 days on market

  Sold May 15, 2026 · 85.8% of list

• 3841 Wilkinson Rd

  $598,500

  — · — · — · 64 days on market

  Sold Mar 31, 2026 · 92.2% of list

• 3845 Wilkinson Rd

  $598,500

  — · — · — · 63 days on market

  Sold Mar 31, 2026 · 92.2% of list

• 140 Petworth Dr

  $1,380,000

  — · — · — · 19 days on market

  Sold Jan 15, 2026 · 100% of list

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