Lot 11 Banner Dr
$555,000
Otter Point
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About this home
Banner Heights: Looking for privacy, property & panoramic views? It's all here! This 4+hectare lot subdivision is ready for new ownership! Zoned CRD AF-Forestry allowing for a single family dwelling with either a secondary suite OR a detached accessory suite - the possibilities are endless. Max lot coverage of 10%! Perched high amongst the Sooke hills, with select South facing lots, like Lot 12, offering some of the most amazing mountain & ocean vistas available today. Drilled wells are in place and hydro to the lot line. Just a short stroll from incredible hiking, world class fishing, and the vibrant & growing community of Sooke. Beautifully paved blacktop roads meander through the development. Dual frontage off of Clark Rd & Banner Dr! This is truly the rural acreage lot your dream house has been looking for. No speculation tax! Purchase price plus GST. (id:65179)
Property details
From the listing's public record.
Lot size
10 acres
Taxes
$2,449/yr
Zoning
Other
View
Parking
Lot
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 13, 2026
Listed $555,000
Active7 days on marketMLS 1043176May 10, 2025
Listed $575,000
Expired424 days on marketMLS 999476Oct 29, 2024
Listed $575,000
Expired183 days on marketMLS 979688
How this listing compares
Based on 25 sales in SookeMedian sold
$450,000
Avg days on market
148 days
Avg sale-to-list
90.5%
Avg $/sqft
$967
Current market in Sooke
Active (same type)
53
Pending
0
All active listings
324
Months of supply
25.4
Buyer's market — 25.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$578,000
Homes in Sooke sell at 86.3% of assessed value on average.
Based on 23 recent sales.
Recent nearby sales
9 salesLot 4 Clark Rd
$425,250
— · — · — · 353 days on market
Sold Jul 13, 2026 · 94.5% of list
Lot 2 Glenidle Rd
$800,000
— · — · — · 312 days on market
Sold Jul 10, 2026 · 89% of list
6868 Beaton Dr
$250,000
— · — · — · 369 days on market
Sold Jul 10, 2026 · 83.4% of list
Lot 1 Owl's Nest Pl
$400,000
— · — · — · 58 days on market
Sold Jun 16, 2026 · 80% of list
5005 Sooke Hanger Dr
$725,000
— · — · — · 15 days on market
Sold Jun 9, 2026 · 93.5% of list
Strata Lot 1 West Coast Rd
$260,000
— · — · — · 187 days on market
Sold Mar 19, 2026 · 87% of list
Lot 4 Gillespie Rd
$659,000
— · — · — · 9 days on market
Sold Mar 6, 2026 · 100% of list
50 Murrelet Close
$345,000
— · — · — · 95 days on market
Sold Feb 27, 2026 · 91% of list
7340 Thornton Hts
$310,000
— · — · — · 98 days on market
Sold Feb 26, 2026 · 86.1% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$555,000 − $111,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$121,600
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Maxxam Realty Ltd.