Lot 10 Sheldrake Pl

About this home

Welcome to 2788 Sheldrake Place, a rare opportunity to build your dream home on a beautiful 1 acre parcel in one of Mill Bay's most desirable locations. What sets this property apart is that much of the groundwork is already complete, with a beautifully finished carriage home and substantial shop ready for immediate use. The thoughtfully designed 2 bedroom carriage home features vaulted ceilings, in suite laundry, a custom fireplace, and comfortable modern living spaces. Live in it while you build, rent it out for supplemental income, accommodate family, or hold it as a valuable long term asset. The flexibility is exceptional. Below, the oversized two bay garage and shop offers 12 foot ceilings and abundant room for vehicles, equipment, storage, hobbies, or workshop space. Whether your vision is a custom estate home, a private family retreat, or a legacy property, this offering provides a unique head start. Enjoy the ability to move forward with your dream home while already having a quality residence and shop established on the property. Located just minutes from Mill Bay amenities, schools, shopping, marinas, and convenient access to Victoria, this is a rare opportunity to secure acreage, flexibility, and future potential in a highly sought after community. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Jun 30, 2026

   Listed $999,999

   Active1 days on marketMLS 1041901

2. Jun 30, 2026

   Listed $999,999

   Active1 days on marketMLS 1041899

3. Aug 8, 2025

   Listed $2,550,000

   Cancelled108 days on marketMLS 1007279

4. May 28, 2025

   Listed $1,190,000

   Cancelled70 days on marketMLS 1000201

5. May 28, 2025

   Listed $1,190,000

   Cancelled163 days on marketMLS 999923

6. Mar 13, 2025

   Listed $1,190,000

   Expired60 days on marketMLS 991944

7. Nov 27, 2024

   Listed $1,300,000

   Cancelled106 days on marketMLS 981401

8. Oct 2, 2024

   Listed $1,300,000

   Cancelled54 days on marketMLS 977645

9. Oct 20, 2022

   Listed $650,000

   Expired235 days on marketMLS 917461

Current market in Malahat & Area

Buyer's market — 8 months of supply at the current sales pace.

Assessment

From publicly available property records.

• 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

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