Lot A Paldi Rd, Duncan, BC

$12,000,000

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196.00

Acres

About Lot A Paldi Rd

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.

Basic Information

Price $12,000,000
MLS® # 1029984
Sub-Type Land
Baths 0.00
Lot Size 196.00 Acres

Location Information

Address Lot A Paldi Rd
Postal Code V9L 6H6
Area Duncan
Sub Area West Duncan
Jurisdiction Duncan Rural (766)
PID Number 003-727-394
Waterfront? No

Features & Amenities

Water Other
Sewer Other

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features See Remarks

Listing Details

OfficePemberton Holmes Ltd.

Listing Map