Price
$2,350,000
Bedrooms4 Beds
Bathrooms4 Baths
Size3494 sqft
Year Built1973
Property TypeDetached Home
Property Taxes$9,179.81
Horse lovers dream property, located a short walk from Elk lake offering access to thousands of acres of riding trails and world class horse facilities literally at your doorstep. Discover a rare opportunity to restore and reimagine this private 4.5-acre equestrian estate, perfectly situated in a highly sought-after location just minutes from town. Offering unmatched privacy, this property presents an incredible chance for horse enthusiasts, investors, and visionaries to bring it back to its full potential. Designed for serious equestrians, the estate features an expansive horse barn with stables for up to ten horses, open and covered paddocks, exercise and grazing fields, and a 20x60 meter riding ring for year-round training. Two separate driveways allow for dedicated access to the equestrian facilities, ensuring ease of operation while maintaining privacy for the main residence. The European chalet-inspired home, spanning 3,100 SF, offers four bedrooms and three bathrooms, providing a spacious and inviting atmosphere. This offering presents an exceptional opportunity to renovate, refresh, and modernize into a true luxury retreat. A newly built wrap-around deck enhances the home’s connection to its serene natural surroundings. Additionally, an 843 SF one-bedroom, one-bathroom in-law suite provides flexibility for extended family, guests, or potential additional housing on property. For those with vision, this property offers the perfect blend of privacy, potential, and prime location. Whether you choose to revitalize the existing facilities, expand the equestrian amenities, or create a one-of-a-kind countryside estate, the possibilities are limitless. (id:39198)
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.
$9,208 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,880,000
Total Interest Payments
$1,159,135
Total Payment (Principal + Interest)
$3,039,135
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.