Victoria Real Estate
Sec 126 Mt. Matheson Rd photo 1 of 15
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Sec 126 Mt. Matheson Rd

$1,850,000

East Sooke

Land— · — · —8 days on market

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About this home

An outstanding opportunity to acquire 37.2 acres on Mt. Matheson, offering spectacular views of the Sooke Basin and surrounding mountains from numerous potential building sites, with additional panoramic views across the Strait of Juan de Fuca from the upper portion of the property. Preliminary planning/subdivision concepts are available, illustrating the many possibilities this exceptional property may offer. Whether your vision is to create a private West Coast estate, pursue a multi-lot subdivision, or explore a long-term investment opportunity, there is tremendous flexibility and potential here. The property has been surveyed and flagged, with hydro, telephone and cable services are available at the property line. Ideally located just approximately 30 minutes from Victoria, this is a rare opportunity to create a private estate or explore a significant development opportunity in a spectacular West Coast setting. An opportunity exists to also acquire neighbouring lands. (id:65179)

Property details

From the listing's public record.

Lot size

37.24 acres

Taxes

$7,915/yr

Zoning

Residential

View

Mountain viewValley view

Lot

Private settingWooded areaRectangular

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 11, 2026

    Listed $1,850,000

    Active8 days on marketMLS 1048795
  2. Sep 29, 2016

    $915,000

    Sold66 days on marketMLS 735910
  3. Jul 11, 2013

    Listed $849,000

    Expired204 days on marketMLS 646453
  4. Aug 13, 2012

    Listed $889,000

    Expired137 days on marketMLS 615995

How this listing compares

Based on 20 sales in Sooke

Median sold

$445,000

Avg days on market

151 days

Avg sale-to-list

89.8%

Avg $/sqft

$967

Current market in Sooke

Active (same type)

49

Pending

2

All active listings

288

Months of supply

29.4

Buyer's market29.4 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,823,000

Homes in Sooke sell at 82.7% of assessed value on average.

Based on 18 recent sales.

Recent nearby sales

5 sales
  • Lot 4 Clark Rd

    $425,250

    — · — · — · 353 days on market

    Sold Jul 13, 2026 · 94.5% of list

  • 6868 Beaton Dr

    $250,000

    — · — · — · 369 days on market

    Sold Jul 10, 2026 · 83.4% of list

  • Lot 2 Glenidle Rd

    $800,000

    — · — · — · 312 days on market

    Sold Jul 10, 2026 · 89% 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

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

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Loan amount

$1,850,000 − $370,000

$1,480,000

Down payment

20.0%

$370,000

Property Transfer Tax

$35,000

Legal / closing (est.)

$1,500

Cash to close

$406,500

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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More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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