Vancouver Island Acreages & Land Market Report

or Create your own market report
Current Vancouver Island Acreage & Land Data

Vancouver Island Acreages & Land Market Report

Track current acreage and land market conditions across Vancouver Island north of the Malahat, including asking-price ranges, days on market and active inventory for homes on one acre or more, farms, hobby farms, forested parcels and large building lots listed through the Vancouver Island Real Estate Board. The figures below are generated from current MLS® data and update as properties are listed, sold or repriced.

Island acreage market caution: This report mixes bare land with improved acreage estates, so the average price and especially the price per square foot mean little: a multi-million-dollar farm and a six-figure forested lot sit in the same table. Bedroom, bathroom and living-area averages describe only the listings that include a house. Sort the table by price or acreage and compare parcels of similar size, zoning and servicing.
Acreage and rural land on Vancouver Island
Vancouver Island Acreage & Land Market Acreage homes, farms, forested parcels and large lots from the Cowichan Valley to the north Island
How to Read the Numbers

Understanding Vancouver Island Acreage and Land Market Data

Land is valued by what it can be used for, and the rules and services behind that use differ from one regional district to the next.

01

Bare Land vs Acreage Homes

Vacant parcels show no living area, so price-per-square-foot and bedroom averages are computed from the improved properties only. Within that group, a small cabin on forty acres and a large estate home on two acres produce very different figures for the same acreage.

02

ALR, Zoning and the Islands Trust

Much of the Island's best flat land is in the Agricultural Land Reserve, which limits non-farm use and subdivision, and the regional districts (Cowichan Valley, Nanaimo, Alberni-Clayoquot, Comox Valley, Strathcona and Mount Waddington) each zone rural land differently. On Gabriola, Denman, Hornby, Lasqueti and Thetis the Islands Trust adds its own rules.

03

Water, Septic, Access and Timber

Most acreages rely on wells and septic systems, and many are reached by private or gravel roads. Well yield and water quality, septic capacity for the intended house, road maintenance, hydro availability and the value or cost of standing timber can matter more than the acreage figure in the listing.

04

Active Listings, Not Sold Prices

These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1990 Rena Rd 4 3 2,211 $1,174,900 $531 0 days
13361 Prospect Dr 5 4 3,176 $1,349,900 $425 0 days
6211 Ferguson Rd N/A N/A N/A $449,900 Unknown 0 days
2530 Macaulay Rd N/A N/A N/A $650,000 Unknown 6 days
7248 Indian Rd 3 2 2,816 $890,000 $316 1 day
Lt 2 Braithwaite Dr N/A N/A N/A $484,000 Unknown 1 day
6960 Lantzville Rd N/A N/A N/A $2,100,000 Unknown 1 day
6950 Lantzville Rd N/A N/A N/A $1,850,000 Unknown 1 day
1157 Pickles Rd 1 N/A 283 $549,000 $1,939 2 days
4472 Island S Hwy Unit #Lot 1 N/A N/A N/A $399,000 Unknown 5 days
8033 Greendale Rd 24 8 6,920 $2,395,000 $346 1 day
8033 Greendale Rd N/A N/A N/A $2,395,000 Unknown 1 day
8015 Ridge Rd 4 3 1,900 $1,135,000 $597 1 day
5350 Falls St N/A N/A N/A $2,399,900 Unknown 1 day
1955 Garland Dr 2 2 1,677 $1,649,000 $983 4 days
3 Grant Rd 1 1 1,320 $900,000 $681 5 days
9370 Cottonwood Rd 2 2 1,380 $1,249,000 $905 5 days
2279/2281 Clark Rd 8 9 3,872 $2,499,999 $645 5 days
1040 Koen Rd 5 3 2,146 $969,900 $451 5 days
Lot 4 Morland Rd N/A N/A N/A $725,000 Unknown 5 days
1701 Morden Rd 3 2 1,958 $849,900 $434 8 days
908 Little Mountain Rd 3 3 3,000 $1,217,000 $405 5 days
961 Island E Hwy N/A N/A N/A $1,950,000 Unknown 6 days
Lot H Chantrelle Way N/A N/A N/A $560,000 Unknown 5 days
Lot D Chantrelle Way N/A N/A N/A $530,000 Unknown 5 days
Lot B Chantrelle Way N/A N/A N/A $530,000 Unknown 5 days
565 Brechin Rd N/A N/A N/A $2,280,000 Unknown 5 days
565 Brechin Rd N/A N/A N/A $2,280,000 Unknown 5 days
336 Hemlock Ave 3 3 1,452 $749,900 $516 6 days
1045 Ravensbourne Lane 5 4 3,993 $2,200,000 $550 6 days
2060 Huddington Rd 3 3 1,791 $1,175,000 $656 6 days
4970 Wilson Rd 9 5 4,598 $1,550,000 $337 6 days
1029 Herd Rd 4 3 3,026 $1,075,000 $355 7 days
3349 Creekside Pl 6 5 4,065 $2,249,900 $553 7 days
1580 Meadowood Way 4 3 1,992 $1,099,999 $552 7 days
4425 Telegraph Rd 3 3 1,533 $1,250,000 $815 8 days
Lot 49 Busby Island 2 1 675 $459,000 $680 8 days
Frank Island 2 1 1,236 $3,750,000 $3,033 15 days
1136 Corcan Rd 4 2 1,833 $1,249,900 $681 8 days
206 King Rd 4 2 3,534 $999,000 $282 13 days
2839 Wedgewood Dr 5 4 3,826 $1,299,900 $339 9 days
324 Easthom Rd N/A N/A N/A $1,749,000 Unknown 9 days
3049 Telegraph Rd 7 7 4,205 $1,600,000 $380 9 days
990 View Rd 4 5 3,455 $2,888,000 $835 9 days
6127 Chase Dr 5 4 4,387 $1,812,900 $413 11 days
2740 Island S Hwy Unit ##108 2 1 923 $329,000 $356 12 days
1071 Uplands Close 2 1 1,669 $1,650,000 $988 13 days
2745 Shaver Rd N/A N/A N/A $699,900 Unknown 15 days
Lot 6 Bella Luna Island N/A N/A N/A $275,000 Unknown 104 days
SL 3 Grandview Rd N/A N/A N/A $329,900 Unknown 13 days
Average: 4.0 3.3 2,883 $1,906,065 $714 140 days
Viewing 1 - 50 of 766
Viewing 1 - 50 of 766

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.