← Back to all listings
Farm / Land · Duncan, BC

Lot A Paldi Rd

$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.

Square Footage
196 acres
Lot Size
196 ac
Zoning
CD-1
Location
Retail Office Warehouse Industrial Business for Sale Farm / Land
MLS® 1029984Listed by Pemberton Holmes Ltd.
Powered by: REALTOR.ca

Listings marked with an MLS® number are provided through the REALTOR.ca Data Distribution Facility (DDF®) and are the property of their listing brokerages. MLS®, REALTOR®, and associated logos are trademarks of The Canadian Real Estate Association. Information is deemed reliable but not guaranteed.

Request Information

Ask a question about Lot A Paldi Rd, or request a private showing.

Direct website visit