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5489 Forest Hill Road, West Saanich Saanich

Price

$4,000,000

Bedrooms6 Beds

Bathrooms8 Baths

Size5972 sqft

Year Built1980

Property TypeDetached Home

Property Taxes$3,126.07

Description

A Legacy Estate Overlooking Elk Lake—First Time Offered in Over 35 Years Some properties don’t just house families—they nurture generations. This extraordinary 5.23-acre estate, with dual access from Forest Hill and Doyle Road, is one of those rare places. Overlooking Elk Lake with sweeping views to the Olympic Mountains, it’s a cherished landscape of established orchards, abundant fruit and nut trees, terraced vegetable gardens, and gently sloping fields where animals have roamed freely for decades. Trails lead down through the trees to lakefront pathways, inviting connection with nature at every turn. The main residence is over 3,000 sq.ft. of thoughtfully designed one-level living, with four bedrooms each featuring its own ensuite. Every window frames a view of the land that has been so lovingly tended. The heart of the home—a spacious kitchen and family room—flows to an expansive outdoor deck with a handcrafted brick forno oven, evoking long European summer evenings and memorable family gatherings. Downstairs, a walk-out one-bedroom suite offers independent space with its own entrance and outdoor patio. A second home—perfect for extended family, guests, or caretakers—features 2 to 3 bedrooms and its own double garage. Rarely do properties like this come to market. Held in the same family for over 35 years, this is more than a home. It’s a story waiting to be continued, a place to plant roots and create lasting memories for generations to come. (id:39198)

Listed By

The listing brokerage and/or agent is RE/MAX Camosun

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$14,630 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,200,000

Total Interest Payments

$1,972,995

Total Payment (Principal + Interest)

$5,172,995

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

Your monthly cash flow is positive

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home