Description
Welcome to an incredible opportunity in Cobble Hill! Set on a completely flat and usable 1-acre property, this versatile home offers space, income potential and endless possibilities. Extensively renovated in 2012 when the home was moved to the property and placed on a brand-new foundation with a newly constructed lower level. Further updates include newer windows throughout, ductless heat pumps providing efficient heating and cooling up and down, plus in-floor radiant heat downstairs. A legal 2-bed, 2-bath suite currently generates $2,000/month, offering excellent mortgage assistance. The level acre is a blank canvas with room for gardening, homesteading, kids, pets, recreational toys or building your dream shop. A new septic system was installed in 2016, and a newly installed gas meter adds options for cooking, BBQing, heating and future improvements. Offering usable land, updates and income potential, this property is ready for its next chapter and priced to sell!
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1044561 |
| Status | Active |
| City | Cobble Hill |
| Area | Malahat & Area |
| Sub-Area | ML Cobble Hill |
| Postal Code | V0R 1L0 |
| Property Taxes | $5,049.76 (2026) |
| Strata/Maintenance Fee | $0.00 |
| Garage Spaces | 1 |
| Parking Total | 4 |
| Zoning | R2 |
| Facing | South |
| Water | Cooperative |
| Sewer | Septic System |
| Heating | Electric,Hot Water |
| Cooling | Air Conditioning |
| Fireplaces | 1 |
| Fireplace Type | Electric |
| Exterior Features | Garden,Low Maintenance Yard |
| Construction | Insulation: Ceiling,Insulation: Walls,Wood |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Full |
| Laundry | In House |
| Listed Date | Aug 7, 2026 |
| Ownership | Strata |
| Lot Size | 0.99 acres |
Open Houses
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 3-Piece | |
| Bedroom | Main level | 12 ft x 9 ft | |
| Dining room | Main level | Measurements not available x 10 ft | |
| Ensuite | Main level | 3-Piece | |
| Kitchen | Main level | 12 ft x Measurements not available | |
| Living room | Main level | 19 ft x Measurements not available | |
| Other | Main level | 25 ft x 8 ft | |
| Primary Bedroom | Main level | Measurements not available x 10 ft |
Building Details
| Heating | Hot Water |
| Heating Fuel | Electric |
| Stories | -1 |
Additional Information
| Features | Central location, Level lot, Southern exposure, Other |
| Community | Pets Allowed, Family Oriented |
| Land Size | 0.99 ac |
| Building Type | House |
| Interior Size | 2347 sqft |
| Transaction | For sale |