5489 Forest Hill Rd
Saanich
V9E 2A8
$4,000,000
Residential
beds: 7
baths: 8.0
5,307 sq. ft.
built: 1980
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1012177
- Bedrooms:
- 7
- Bathrooms:
- 8
- Year Built:
- 1980
- Photos (79)
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An extraordinary offering for inter-generational living, this legacy 5.23-acre Elk Lake estate features two detached residences with panoramic lake and mountain views. First time offered in 35+ years, the property offers dual access from Forest Hill and Doyle Road and includes mature orchards, fruit and nut trees, terraced gardens, and trails leading to peaceful lakefront paths. The 3,000+ sq.ft. main home features 4 bedrooms—all with ensuites—an open kitchen and family room, and a large deck with handcrafted forno.This home offers unmatched potential to update without changing any of the layout. A separate one-bedroom suite offers ideal space for guests, caretakers, or rental. The second residence includes 2–3 bedrooms, full kitchen, and double garage—perfect for extended family or multi-generational use. Peaceful, private, and beautifully cultivated—this is a once-in-a-generation opportunity to own a legacy property in one of Vancouver Island’s most coveted lakefront communities.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1980 (Age: 45)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 5,307 sq. ft.
- Auxiliary Building Living Area:
- 1,393 sq. ft.
- Main Building Living Area:
- 3,914 sq. ft.
- Listing General Location:
- SW West Saanich, Saanich West
- Bedrooms:
- 7
- Bathrooms:
- 8.0 (Full:-/Half:-)
- Lot Size:
- 5.24 acre(s)
- Kitchens:
- 3
- Taxes:
- Signup
- Construction:
- Insulation: Ceiling, Insulation: Walls, Wood
- New Construction:
- No
- Basement:
- Crawl Space
- Foundation:
- Concrete Perimeter
- Roof:
- Wood
- Other Structures:
- Greenhouse, Storage Shed
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet
- Total Building Area:
- 5,972 sq. ft.
- Total Unfinished Area:
- 665 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 7
- # Main Level Bedrooms:
- 6
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 7
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 3,143 sq. ft.
- Living Area Main Floor:
- 771 sq. ft.
- Living Area Other Floor:
- 1,393 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Living Room, Wood Burning Stove
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- Other
- Heating:
- Forced Air
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dishwasher, Hot Tub, Trash Compactor
- Dining Room, Eating Area
- Main Level
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 2
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 3
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 1
- Number of 4 piece Ensuites:
- 2
- Property Condition:
- Resale
- Exposure / Faces:
- West
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 2
- Garage:
- Yes
- Parking Features:
- Attached, Driveway, Garage Double
- Total Parking Spaces:
- 10
- Total Units:
- Signup
- Date Listed:
- Sep 18, 2025
- Original Price:
- 4000000.0
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Listed by RE/MAX Camosun
Data was last updated September 19, 2025 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 211
- Avg list price:
- $1,049,999
- Min list price:
- $150,000
- Max list price:
- $9,200,000
- Avg days on market:
- 50
- Min days on market:
- 1
- Max days on market:
- 349
- Avg price per sq.ft.:
- $584.1
These statistics are generated based on the current listing's property type
and located in
Saanich West. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Cheryl Barnes
- Macdonald Realty Victoria
- 1 (250) 4137943
- Contact by Email