





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
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Property Dimensions
The Property Location
Mortgage Calculator
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
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Comber Friesen Group
Realtors

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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.