5489 Forest Hill Rd

5489 Forest Hill Rd · Saanich · House · 7 bed · 8 bath · $3,699,800 · MLS 1026282

Saanich, British Columbia
C$3,699,800
For sale
5489 Forest Hill Rd

5489 Forest Hill Rd is located in Saanich. Property snapshot: House, 7 bed, 8 bath, listed at $3,699,800, MLS 1026282. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Catchment schools i

List Price: $3,699,800
MLS: 1026282
Bedrooms: 7
Bathrooms: 8
Interior Size: 5,307 sqft
Days on Market: -
Days on Site: 44
Deal Score: 50/100
Catchment Schools: Catchment schools include Prospect Lake Elementary, Royal Oak Middle, Claremont Secondary
Price History: Latest recorded list price 3699800.00

Local Decision Guide

How should buyers evaluate 5489 Forest Hill Rd?

Start by reading this listing in its Saanich context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5489 Forest Hill Rd?

This page shows a list price of $3,699,800 with MLS 1026282.

What type of home is this Saanich listing?

The page shows House, 7 bed, 8 bath at 5489 Forest Hill Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 3699800.00.

Which catchment schools are associated with 5489 Forest Hill Rd?

Catchment schools include Prospect Lake Elementary, Royal Oak Middle, Claremont Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

A Legacy Estate Overlooking Elk Lake—First Time Offered in Over 35 Years Some properties don’t just house families—they nurture generations. This extraordinary 5.23-acre estate, with dual access from Forest Hill and Doyle Road, is one of those rare places. Overlooking Elk Lake with sweeping views to the Olympic Mountains, it’s a cherished landscape of established orchards, abundant fruit and nut trees, terraced vegetable gardens, and gently sloping fields where animals have roamed freely for decades. Trails lead down through the trees to lakefront pathways, inviting connection with nature at every turn. The main residence is over 3,000 sq.ft. of thoughtfully designed one-level living, with four bedrooms each featuring its own ensuite. Every window frames a view of the land that has been so lovingly tended. The heart of the home—a spacious kitchen and family room—flows to an expansive outdoor deck with a handcrafted brick forno oven, evoking long European summer evenings and memorable family gatherings. Downstairs, a walk-out one-bedroom suite offers independent space with its own entrance and outdoor patio. A second home—perfect for extended family, guests, or caretakers—features 2 to 3 bedrooms and its own double garage. Rarely do properties like this come to market. Held in the same family for over 35 years, this is more than a home. It’s a story waiting to be continued, a place to plant roots and create lasting memories for generations to come. (id:56153)

Property Details

House
Building Type
7
Bedrooms
8
Bathrooms
1980
Year Built
46 years
Age
44
Days on Site
228,254 sf
Lot Area
5,307 sqft
Interior Size
C$697
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29723458 (1026282)

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Site Context

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Property Summary

Price: C$3,699,800

Lot Area: 228,254 sf

PID: 000-280-160

Days on Site: 44 days

Added to Relistico: 2026-05-08

Updated on: 2026-05-08 03:02 PM PDT

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Lot info

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Schools

Prospect Lake Elementary ELEMENTARY
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 1.7 km
Royal Oak Middle MIDDLE
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 3.7 km
Claremont Secondary SECONDARY
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 2.8 km

Nearby Points of Interest

Grocery / Food Access
Red Barn Market
About 2.2 km away
5550 West Saanich Road
Redbarn Market
About 2.7 km away
Shopping Centres
Elk Lake Nursery
About 1.8 km away
The Haro
About 3.1 km away

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 08 May 2026 02:07:22 PM PDT

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