Lot A Paldi Rd Duncan, British Columbia V9L 6H6
$12,000,000
Elk Ridge Estates is a rare large-scale master-planned community in the Cowichan Valley near Duncan, Vancouver Island. This court-ordered sale includes ~196 acres with long-term expansion potential, planned for up to ~355 homes (suites, single- and multi-family), ~100,000 sq. ft. of commercial space, 1 institutional lot, and a ~50-unit hotel/resort.A key asset is the provincially approved licensed water resource, structured for phased implementation.Natural features include four creeks, interconnected trails, three parks, a proposed sports plex, and strong wildlife presence.Infrastructure includes underground power, plus temporary power and water supporting two permitted showrooms.Phase 1 is approved for 103 lots (including five mixed-use) and is cleared.Appraised “as-is” at $28,900,000 10 minutes from downtown Duncan and the new hospital, with full due diligence and a clear phased path to execution. (id:62371)
Property Details
| MLS® Number | 1029984 |
| Property Type | Vacant Land |
| Neigbourhood | West Duncan |
| Features | See Remarks |
| Plan | Vip19885 |
Building
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Size Irregular | 196 |
| Size Total | 196 Ac |
| Size Total Text | 196 Ac |
| Zoning Description | Cd-1 |
| Zoning Type | Commercial |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/29539017/lot-a-paldi-rd-duncan-west-duncan
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April 02 2026 12:32:02
Victoria Real Estate Board
Pemberton Holmes Ltd.