Victoria Real Estate
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Dl-130 Trans Canada Hwy

$2,888,000

Cobble Hill

Land— · — · —81 days on market

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About this home

Nestled within the breathtaking landscape of the Malahat, this expansive sixty-five-acre waterfront estate offers a rare opportunity to own a significant piece of Vancouver Island’s coastal beauty. Perfectly positioned near the world-class Malahat SkyWalk, the property captures stunning, unobstructed views of the Saanich Inlet and the distant peaks of the Olympic Mountains. The land gracefully descends from the upper ridges through a lush forest canopy down to approximately seven hundred feet of private, pristine shoreline. This specific stretch of the Malahat is currently seeing a wonderful transformation, with high-quality developments and beautiful new homes being established nearby, signaling a bright future for this growing coastal community. ?The sheer size of this holding provides an incredible amount of privacy and a quiet, relaxed atmosphere that is increasingly hard to find. It is an ideal setting for a spectacular primary residence, a multi-generational family compound, or a world-class recreational retreat. Practicality meets potential here, as the property already features a drilled well and power connected to the pump house, providing a functional head start for your building plans. One of the most enchanting features is the potential to apply for private moorage and a dock, allowing you to embrace a true West Coast lifestyle. Imagine bypasses the commute and instead taking a tranquil boat ride across the water to reach the local marinas or the Victoria International Airport in minutes. This property represents a unique balance of rugged natural wilderness and sophisticated potential, offering a peaceful sanctuary in one of the most scenic corridors on the Island. All development possibilities should be confirmed by the buyer with the Cowichan Valley Regional District. (id:65179)

Property details

From the listing's public record.

Lot size

64.99 acres

Taxes

$9,089/yr

Zoning

Rural residential

View

Mountain viewOcean viewValley view

Waterfront

Waterfront on ocean

Lot

Acreage

Price history

5 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 9, 2026

    Listed $2,888,000

    Active81 days on marketMLS 1030829
  2. Feb 28, 2022

    $1,780,000

    Sold97 days on marketMLS 877733
  3. Nov 27, 2019

    Listed $1,900,000

    Cancelled414 days on marketMLS 829598
  4. Dec 9, 2015

    Listed $1,700,000

    Expired388 days on marketMLS 718214
  5. Jan 27, 1997

    $850,000

    Sold83 days on marketMLS 132576

How this listing compares

Based on 15 sales in Malahat & Area

Median sold

$470,000

Avg days on market

105 days

Avg sale-to-list

92.2%

Avg $/sqft

Current market in Malahat & Area

Active (same type)

12

Pending

1

All active listings

142

Months of supply

9.6

Buyer's market9.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,084,000

Land

$2,084,000

Improvements

$0

Homes in Malahat & Area sell at 359.2% of assessed value on average.

Based on 14 recent sales.

Recent nearby sales

6 sales
  • 1894 Lakewood Rd

    $825,000

    — · — · — · 64 days on market

    Sold May 6, 2026 · 68.8% of list

  • 0 Trans Canada Hwy

    $1,300,000

    — · — · — · 44 days on market

    Sold Apr 15, 2026 · 92.9% of list

  • Lot 11 Thain Rd

    $950,000

    — · — · — · 285 days on market

    Sold Apr 15, 2026 · 86.4% of list

  • Lot 2 Braithwaite Dr

    $423,500

    — · — · — · 201 days on market

    Sold Mar 19, 2026 · 95.2% of list

  • Lot 11 Goldstream Heights Dr

    $407,500

    — · — · — · 28 days on market

    Sold Feb 17, 2026 · 95% of list

  • 801 Trans Canada Hwy

    $2,000,000

    — · — · — · 57 days on market

    Sold Jan 30, 2026 · 80% of list

More on this listing

Interested in this home?

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