5101 Jagtar's Way, Saanich West

$3,995,000

4 Beds
5 Baths
4,700 Sqft
10.09 Acres
0 Garages

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.

Essential Information
MLS® #413563
Price$3,995,000
Bedrooms4
Bathrooms5.00
Square Footage4,700
Acres10.09
Year Built2018
TypeResidential
Sub-TypeSingle Family Detached
StyleContemporary
StatusCurrent
Community Information
Address5101 Jagtar's Way
SubdivisionSW Prospect Lake
CitySaanich West
ProvinceBC
Postal CodeV9E 2H7
Amenities
Parking Spaces5
GaragesAttached
Parking

Driveway, Garage Double, Visitors, Garage Triple

Interior
HeatingFloor Radnt
FireplaceYes
# of Fireplaces1
FireplacesLiving Rm, Natural Gas
Interior Features

Ceil Vaulted, Closet Organizer, Controlled Entry, Dining Area, Dining-Living Combo, Eating Space, Flrs/Wood, Screens, Soaker Tub, Bar, Wine Storage

Exterior
ExteriorStucco, See Remarks
Lot DescriptionLevel, Serviced, Treed
RoofAsphalt/Rolled
FoundationConcrete Poured
Exterior Features

Balcony/Deck, Guest Accommodations, Patio, Private Prop, Sprinkler Underground

Construction

Frame Wood 2x6, Insulation Ceiling, Insulation Walls, Windows Thermo

Additional Information
Date ListedJuly 15th, 2019
Days on Market23
ZoningRural
Office

Sotheby's International Realty Canada

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