Set on nearly 2.5 acres, this rare offering presents an exceptional opportunity for those seeking space today and strong future upside. Offered for the first time, this custom-built home combines solid construction with outstanding potential for subdivision and redevelopment (buyer to verify).
The home features 3 bedrooms and 1 bathroom in the main, along with a studio suite below that could be reconfigured into a self-contained 1-bedroom, 1 bathroom suite—ideal for extended family or rental income. Thoughtful updates include a durable metal roof, along with new windows and doors, enhancing both efficiency and long-term value.
Serviced by both city water and a private well, the property offers flexibility and convenience rarely found in parcels of this size. With ample space for expansion, gardens, or future planning, this property is a compelling hold or development candidate in a growing area.
Opportunities like this are increasingly hard to find—secure your stake in a property with immediate livability and significant long-term potential.
Address
721 Noowick Rd
List Price
$949,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Malahat & Area
Sub-Area
ML Mill Bay
Bedrooms
3
Bathrooms
2
Floor Area
2,127 Sq. Ft.
Lot Size
103237.2 Sq. Ft.
Lot Size (Acres)
2.37 Ac.
Year Built
1975
MLS® Number
1037396
Listing Brokerage
RE/MAX Generation - The Neal Estate Group
Basement Area
Partially Finished, Walk-Out Access, With Windows
Postal Code
V8H 1B5
Tax Amount
$4,058.03
Tax Year
2025
Features
Baseboard, Carpet, Concrete, Dining Room, Electric, Freezer, Heat Pump, Laminate, Linoleum, Mixed, Oven/Range Electric, Range Hood, Refrigerator, Screens, Tile, Wood
Amenities
Acreage, Balcony/Deck, Easy Access, In Wooded Area, Primary Bedroom on Main, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Shopping Nearby, Storage Shed, Wooded
