5101 Jagtar's Way

$3,995,000 | Prospect Lake, Saanich West

5101 Jagtar's Way, Prospect Lake, Saanich West

Private Prospect Lake Estate

Listing Agents: Logan Wilson

Phone: 250.857.0609

Email: lwilson@sothebysrealty.ca

May 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.

Click "Read More" below and scroll down for more detailed tax savings information.

Read More

Want more info?

Call us at 250.857.0609 or fill out the form below.





Features

  • MLS®: 413563
  • Type: House
  • Bedrooms: 4
  • Bathrooms: 5
  • Square Feet: 4,500 sqft
  • Lot Size: 10 acres
  • Full Baths: 4
  • Half Baths: 1
  • Parking: Triple Garage, Expansive Driveway
  • Storage: Attached Storage Through Garage
  • Fireplaces: 1 Living Rm,Natural Gas
  • Kitchens: Gourmet Kitchen In Main, Full Kitchen In Suite
  • Balcony/Patio: 3 Concrete Patios, 1 Above Garage Balcony
  • View: Forest, Pasture
  • Rear Exposure: South East
  • Year Built: 2018
  • Style: Rancher
  • Construction: Main Level Entry with Upper Level(s)
  • Warranty: 2028
  • Rental Suite: Separate 1-Bed, 1-Bath Above Garage

Virtual Tour