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DESCRIPTION

Can be purchased alone or together with MLS#413832. Sited on 10 acres, this newly completed, exceptionally private, warrantied home is backed by forest and Prospect Lake Park. Excellent pasture land is tenanted by a local farmer encouraging enjoyment of a large parcel of land without the associated upkeep. Farm status not only brings this property below the luxury tax bracket; it exempts it from most of BC’s new property transfer taxes (PTT). Portions of the property have been dedicated to remain in a natural forested state and have been so noted on the property title. Under BC assessment laws, the value of these lands is exempted from PTT and those areas also qualify for ongoing reductions to residential property taxes. Enjoy all the benefits and quiet of country living with someone else doing the farming while saving tens of thousands in government and property taxes. Farm status also allows for construction of additional buildings; versatility of this nature is rare.

KEY DETAILS
  • Price:
  • $3,995,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 5
  • Square Footage:
  • 4,700
  • Acreage:
  • 10.09
  • Year Built:
  • 2018
  • Listing #:
  • 413563
  • Street Address:
  • 5101 Jagtar's Way
  • City:
  • Saanich West
  • State:
  • BC
  • Postal Code:
  • V9E 2H7
  • Area:
  • Prospect Lake
  • Listing Status:
  • For Sale - Current

Building

  • Architecture Style:
  • Contemporary
  • Building Faces:
  • S
  • Construction Description:
  • Frame Wood 2x6, Insulation Ceiling, Insulation Walls, Windows Thermo
  • Exterior Features:
  • Balcony/Deck, Guest Accommodations, Patio, Private Prop, Sprinkler Underground
  • Finished Square Feet:
  • 4700
  • Fireplace:
  • Living Rm, Natural Gas
  • Foundation:
  • Concrete Poured
  • Interior Features:
  • Bar, Ceil Vaulted, Closet Organizer, Controlled Entry, Dining Area, Dining-Living Combo, Eating Space, Flrs/Wood, Screens, Soaker Tub, Wine Storage
  • Level 1 Square Footage:
  • 5000
  • Level 2 Square Footage:
  • 1000
  • Number Of Fireplaces:
  • 1
  • Number Of Units:
  • 2
  • Siding:
  • Stucco, See Remarks
  • Style:
  • Main Level Entry With Upper Level(s)
  • Type Of Roof:
  • Asphalt/Rolled
  • Year Built:
  • 2018

Land

  • Conforms To Zoning:
  • Rural
  • Lot Features:
  • Level, Serviced, Treed
  • Lot Shape:
  • Irreg.
  • Lot Square Footage:
  • 439520
  • Section:
  • 88

Listing

  • Days On Market:
  • 94
  • Rental Type:
  • No Rentals

Rooms

  • Laundry:
  • In-House, In-Suite(s)
  • Master Bathroom Description:
  • Ground Level Main Floor, Master Bedroom On Main
  • Number Of Kitchens:
  • 2

Structures

  • Driveway:
  • Gravel/Dirt, See Remarks
  • Garage Type:
  • Attached
  • Parking Description:
  • Driveway, Garage Double, Garage Triple, Visitors
  • Parking Spaces:
  • 5

Systems

  • Existing Water:
  • City/Munic.
  • Heating:
  • Floor Radnt
  • Heating Fuel:
  • Propane
  • Sewage Type:
  • Septic System

Source

  • Listing Provided By Logan Wilson of Sotheby's International Realty Canada

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NOTES

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