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Welcome to the Malahat
The Malahat region consists of 5 neighbourhoods: Cobble Hill; Malahat Proper; Mill Bay; Shawnigan Lake; and Sooke Lake.
The ‘Malahat’ is the term commonly applied to the Malahat Drive, a 25 km portion of Trans Canada Highway 1 running along the west side of Saanich Inlet and to the surrounding region.
The road was first cut as a cattle trail in 1861 and was then upgraded to wagon road standards in 1884. It became a paved road in 1911. The name originates from the Malahat First Nation, whose ancestors used local caves for spiritual enhancement.
The peak of the Malahat Drive summit reaches an elevation of nearly 1200’, and the mountain is considered one of the most sacred Indigenous sites on southern Vancouver Island. Some of the best views of the Greater Victoria area are found from view points at the peak of the Malahat drive.
The family friendly and growing communities of Shawnigan Heights, Malahat, Mill Bay and Cobble Hill are all within a short commute from Greater Victoria.
466 Meredith Rd
Mill Bay
V0R 2P3
$7,000,000
Residential
beds: 4
baths: 3.0
3,895 sq. ft.
built: 2002
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1047637
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 2002
- Photos (70)
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This majestic oceanfront estate offers a rare combination of privacy, natural beauty and West Coast contemporary design, featuring a custom main residence & elegant cottage overlooking the Saanich Inlet.
Experience the prestige on your 9+ acres of awe-inspiring forest & towering firs. Savour morning coffee peacefully watching whales pass through the inlet, or strolling along your own private beach.
The main residence showcases exceptional craftsmanship, engineering and thoughtful design & energy efficiency. Vaulted ceilings, fir beams, radiant-floor heating, geothermal technology, HP and a chef’s kitchen w/ granite countertops & breakfast bar. The open-concept living spaces capture spectacular ocean and forest views throughout. The property also offers a 3-car garage, 1 bdrm cottage, barn & art studio.
A truly exceptional property that must be experienced to appreciate its beauty, privacy and serenity.
Properties in the CVRD are not subject to the Speculation / Vacancy Tax & more.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 2002 (Age: 24)
- Living Area:
- 3,895 sq. ft.
- Main Building Living Area:
- 3,895 sq. ft.
- Listing General Location:
- ML Mill Bay, Malahat & Area
- Bedrooms:
- 4
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 9.22 acre(s)
- Kitchens:
- 1
- Home Style:
- West Coast
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco
- New Construction:
- No
- Basement:
- Finished, Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Other
- Levels:
- 2
- Other Structures:
- Barn(s), Guest Accommodations, Storage Shed
- Floor finish:
- Carpet, Hardwood, Tile
- Total Building Area:
- 7,203 sq. ft.
- Total Unfinished Area:
- 3,308 sq. ft.
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 1
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 3
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 2,183 sq. ft.
- Living Area Main Floor:
- 1,712 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Propane
- Laundry Features:
- In House
- Water supply:
- Well: Drilled
- Sewer:
- Septic System
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Electric, Geothermal, Heat Pump, Heat Recovery, Hot Water, Propane, Radiant Floor
- Fireplace:
- Yes
- Built-In Range, Dryer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer
- Cathedral Entry, Dining/Living Combo, Eating Area, French Doors, Soaker Tub, Storage, Vaulted Ceiling(s), Wine Storage, Workshop
- Blinds, Insulated Windows, Skylight(s)
- Balcony/Patio, Sprinkler System, Water Feature
- Mountain(s)
- Ocean Front
- Highway 1 to Mill Bay- East on Kilmalu Rd.- North on Telegraph Rd.- East on Meredith Rd.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- Duncan Rural (765)
- Zoning:
- RR-3A
- Accessibility:
- Primary Bedroom on Main, Wheelchair Friendly
- Number of 2 piece baths:
- 1
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 1
- Other Equipment:
- Central Vacuum, Electric Garage Door Opener, Propane Tank
- Property Condition:
- Resale
- Utilities:
- Geothermal
- Exposure / Faces:
- West
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Private, Rectangular Lot
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 3
- Garage:
- Yes
- Parking Features:
- Attached, Driveway, Garage Triple, RV Access/Parking
- Total Parking Spaces:
- 3
- Date Listed:
- Aug 26, 2026
- Original Price:
- 7000000.0
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Listed by Sutton Group West Coast Realty
Data was last updated September 4, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 49
- Avg list price:
- $1,193,700
- Min list price:
- $109,900
- Max list price:
- $7,000,000
- Avg days on market:
- 44
- Min days on market:
- 1
- Max days on market:
- 175
- Avg price per sq.ft.:
- $457.96
These statistics are generated based on the current listing's property type
and located in
ML Mill Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- NEIL BOSDET
- ROYAL LEPAGE COAST CAPITAL REALTY
- 250.580.6780
- Contact by Email
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