Cheryl Nelson
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Vancouver Island Land

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Lot A Paldi Rd
Du West Duncan Duncan V9L 6H6

$12,000,000
Residential beds: 0 baths: 0.0

Status:
Active
Prop. Type:
Residential
MLS® Num:
1029984
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.
Property Type:
Residential
Type:
Land
Listing General Location:
Du West Duncan, Duncan
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
196.001 acre(s)
Kitchens:
0
Electricity:
Yes
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Other
Sewer:
Other
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Duncan Rural (766)
Zoning:
CD-1
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Utilities:
Electricity Available, See Remarks
Lot Site Features:
See Remarks
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
0
Road Frontage Type:
Highway
Date Listed:
Mar 31, 2026
Original Price:
1.2E7
Larger map options:
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Listed by Pemberton Holmes Ltd.
Data was last updated April 3, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
108
Avg list price:
$639,500
Min list price:
$238,980
Max list price:
$12,000,000
Avg days on market:
39
Min days on market:
1
Max days on market:
360
Avg price per sq.ft.:
$385.34
These statistics are generated based on the current listing's property type and located in Du West Duncan. Average values are derived using median calculations. This data is not produced by the MLS® system.
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CHERYL NELSON
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.