Exceptional 40-acre ocean view parcel in the sought-after Goldstream Heights area of the Malahat, within the Capital Regional District (CRD). Located in the Malahat Settlement Area of the OCP, this property supports future residential and mixed-use development, with a clear path to subdivision and target parcel sizes of approximately 1 hectare (2.47 acres). The designation encourages well-planned integration of residential and commercial uses, supported by guidelines that protect long-term value and livability. Part of a rare 400+ acre land assembly, including a neighbouring 338-acre parcel and 22-acre industrial site, offering scale for a comprehensive master-planned vision. Ocean views, privacy, and convenient access to the Trans-Canada Highway, all within easy reach of Greater Victoria. Buyers to verify permitted uses with the CRD.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
ML Malahat Proper, Malahat & Area
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
40 acre(s)16.2 hectare(s)
Taxes:
$1,089.16 /
2025
Commercial Area:
Other
Water supply:
None
Sewer:
Septic Needed, None
Fireplace:
No
Real Estate
Mountain(s), Valley, Ocean
Coming from Highway, take a left on Stebbings Rd, left on Goldstream Heights Dr. Then left on Finlayson View Place. Walk in from cul-de-sac.
Main Level
0
Yes
No
Unrestricted
Assessed:
431000.0
Assessment year:
2026
Jurisdiction name:
City of Victoria
Legal Description:
DISTRICT LOT 54, MALAHAT LAND DISTRICT, TREE FARM 7
Zoning:
GB-2
Lot Site Features:
Acreage, Cul-De-Sac, Easy Access, Hillside, Marina Nearby, No Through Road, Park Setting, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Wooded, See Remarks
Data was last updated May 22, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$2,124,900
Min list price:
$649,000
Max list price:
$19,999,900
Avg days on market:
71
Min days on market:
13
Max days on market:
261
These statistics are generated based on the current listing's property type
and located in
Malahat & Area. Average values are
derived using median calculations. This data is not produced by
the MLS® system.