$949,000

721 Noowick Rd
MLS® NO: 1037396

Description

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.

General

Property Type:Single Family Detached
Title of Ownership:PARCEL A, LOT 1, PLAN VIP22351, DISTRICT LOT 101, MALAHAT LAND DISTRICT, EXCEPT PLAN 49993
Layout:Main Level Entry with Lower Level(s)
Taxes:$4,058
Tax Year:2025
Finished Sq. Ft.:2,127
Unfinished Sq. Ft.:380
Year Built:1975

Building Details

Foundation: Poured Concrete
Roof: Metal
Heat/Air: Baseboard, Electric, Heat Pump, Wood

Site Influences

Lot SqFt: 103,237
Acres: 2.37
Water: Municipal, Well: Drilled
Waste: Septic System
Zoning: R2
Parking: Carport, Driveway, RV Access/Parking
Lot Features: Acreage, Easy Access, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Shopping Nearby, In Wooded Area, Wooded Lot

Room Dimensions

Level 1 - 1,293 sqft

Entrance:6x9
Kitchen:10x8
Dining Room:9x11
Living Room:27x15
Bedroom - Primary:12x12
Bedroom:9x14
Bathroom:3-Piece piece
Sunroom:16x7

Level 2 - 0 sqft

Level 3 - 834 sqft

Kitchen-Additional:12x8

Level 4 - 0 sqft

Other - 0 sqft

Property Details

Beds: 3
Baths: 2
Sq. Feet: 2,127
Year Built: 1975
Property Type: Single Family Detached
Municipality: Malahat & Area

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Listed with:

Ron Neal - RE/MAX Generation - The Neal Estate Group

Ryan Fach - RE/MAX Generation - The Neal Estate Group

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.