Welcome to an incredible opportunity in Cobble Hill! Set on a completely flat and usable 1-acre property, this versatile home offers space, flexibility, income potential, and endless possibilities. The home underwent an extensive renovation in 2012 when it was moved to the property and placed on a brand-new foundation with a newly constructed lower level. The home features newer windows throughout, efficient ductless heat pumps providing heating and cooling on both levels, and comfortable in-floor radiant heating downstairs. A legal 2-bedroom, 2-bathroom suite currently generates $2,000 per month, providing excellent mortgage assistance or an ideal option for extended family. Outside, the level and usable acre is a blank canvas with plenty of room for gardening, homesteading, kids and pets, recreational toys, or building the dream shop you've always wanted. A new septic system was installed in 2016, while a recently installed gas meter provides added options for efficient heating, cooking, BBQing, and future improvements. With a rare combination of usable land, substantial updates, income potential, and room to make it your own, this Cobble Hill property is ready for its next chapter and priced to sell!
Address
877 Hutchinson Rd
List Price
$999,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Malahat & Area
Sub-Area
ML Cobble Hill
Bedrooms
4
Bathrooms
4
Floor Area
2,347 Sq. Ft.
Lot Size
43037 Sq. Ft.
Lot Size (Acres)
0.99 Ac.
Year Built
2012
MLS® Number
1044561
Listing Brokerage
RE/MAX Camosun
Basement Area
Full
Postal Code
V0R 1L0
Tax Amount
$5,049.76
Tax Year
2026
Features
Electric, Hot Water, Insulated Windows, Laminate, Tile
Amenities
Central Location, Easy Access, Garden, Level, Low Maintenance Yard, Near Golf Course, Rural Setting, Shopping Nearby, Southern Exposure
Open Houses
- August 16, 11:00 AM - 12:30 PM
