Average Price
$1,150,000
Price Range
$725,000 - $2.8M+
Shawnigan Lake is the crown jewel of the Malahat area, offering premium lakefront living, year-round recreation, and prestigious community character surrounding one of Vancouver Island's most pristine warm-water lakes. This sought-after destination combines spectacular lakefront estates, comfortable family homes near the lake, and the vibrant Shawnigan Lake Village creating an upscale recreational lifestyle just 40 minutes from Victoria. Shawnigan Lake real estate commands premium pricing for waterfront properties with private docks, boathouses, and swim platforms, attracting affluent families, professionals, and retirees seeking the ultimate lake lifestyle. The crystal-clear waters of Shawnigan Lake provide exceptional summer swimming, boating, paddleboarding, fishing, and water skiing, making it one of the Island's premier freshwater recreation destinations.
Premium lakefront estates with private docks
Warm-water lake perfect for swimming and watersports
Shawnigan Lake Village with shops and dining
Prestigious Shawnigan Lake School
Year-round recreation and strong community
Exceptional waterfront investment and lifestyle
Discover other neighborhoods in Malahat & Area
Cobble Hill is a charming rural community in the Cowichan Valley offering country living with acreage properties, vineyard views, and easy commuting access to both Victoria and Duncan. This peaceful area features rolling hills, agricultural lands, and newer subdivisions that attract families, commuters, and lifestyle buyers seeking space and natural beauty while maintaining reasonable urban connectivity. Cobble Hill real estate includes larger lots and acreage properties perfect for hobby farming, equestrian pursuits, or simply enjoying private country living with modern amenities nearby. The community centers around the Cobble Hill Village commercial area providing essential services including grocery store, pharmacy, cafes, and local businesses serving residents. The area benefits from proximity to several Cowichan Valley wineries and the famous Cowichan Valley Trail for hiking and cycling recreation. Residents appreciate the rural character with mature trees, farm stands selling local produce, and the friendly small-town atmosphere while maintaining 35-minute commutes to Victoria and 20 minutes to Duncan. Cobble Hill attracts professionals working in Victoria who prioritize space and country lifestyle over urban density, families seeking acreage for children and pets, and retirees wanting peaceful rural living with convenient services. Properties offer excellent value compared to Saanich rural areas, with larger lots at more affordable prices while maintaining similar Victoria commuting times. The real estate market sees steady appreciation driven by growing demand for rural properties with urban access. For buyers seeking Cowichan Valley acreage with commuting convenience, wine country character, and affordable rural real estate, Cobble Hill delivers authentic country living with practical location.
Malahat Proper encompasses the dramatic mountain corridor along the Trans-Canada Highway between Victoria and the Cowichan Valley, offering spectacular ocean and mountain views with acreage properties and remote character. This scenic area features predominantly larger rural properties on forested hillsides, many with breathtaking views across Saanich Inlet and the Salish Sea to the mainland mountains. Malahat real estate attracts buyers seeking privacy, natural beauty, and view properties willing to accept more remote living and challenging terrain. Properties range from forested acreages perfect for off-grid lifestyles to luxury view estates with custom homes designed to maximize the stunning panoramas. The area benefits from proximity to the Malahat Skywalk tourist attraction, Spectacle Lake Provincial Park, and numerous forest recreation trails providing outdoor adventure. Residents appreciate the spectacular scenery, wildlife viewing opportunities including eagles and deer, and the sense of mountain living while maintaining highway access to both Victoria and Duncan within 30-40 minutes. Malahat Proper appeals to buyers prioritizing views and privacy over convenience, those seeking retreat-like properties, and lifestyle buyers wanting dramatic natural settings. The real estate market sees properties command premiums for exceptional views, while more challenging access or terrain properties offer excellent value for acreage seekers. For buyers seeking spectacular Malahat mountain views, privacy, and dramatic natural beauty willing to embrace remote character, Malahat Proper delivers unmatched scenery and space.
Mill Bay is the vibrant commercial and residential hub of the Malahat area, offering waterfront living, marina access, and convenient amenities between Victoria and Duncan along the scenic Saanich Inlet. This active community provides the perfect balance of coastal lifestyle and practical services, attracting families, boaters, retirees, and commuters seeking ocean living with modern conveniences. Mill Bay real estate features waterfront homes with private docks, ocean-view properties on elevated lots, and comfortable family residences near the village center, appealing to diverse buyers from young families to affluent retirees. The Mill Bay Centre commercial hub provides grocery stores, restaurants, shopping, medical services, and professional offices creating a self-sufficient community atmosphere. The Mill Bay Marina serves as the heart of waterfront activity with boat moorage, launch access, and waterfront dining at the popular Mill Bay Marina Pub. Residents enjoy spectacular Saanich Inlet views, excellent salmon fishing and boating, and convenient Brentwood Bay ferry connection to the Saanich Peninsula reducing Victoria commute times. The real estate market sees steady appreciation driven by waterfront scarcity, desirable location between two urban centers, and the balanced lifestyle combining ocean recreation with practical amenities. Mill Bay appeals to Victoria and Duncan commuters seeking waterfront living, boating enthusiasts prioritizing marina access, and families wanting ocean lifestyle with good schools and services. For buyers seeking Cowichan waterfront with amenities, marina access, and balanced coastal living, Mill Bay delivers exceptional Saanich Inlet lifestyle.
MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.