Mill Bay Homes under $1.5 million

Welcome to Mill Bay, a hidden gem nestled on the southern shores of Vancouver Island in beautiful British Columbia. Part of the Malahat & Area, Mill Bay boasts a picturesque setting that perfectly combines coastal charm with the tranquility of nature. With its stunning views of the Saanich Inlet and the majestic Mount Baker in the distance, this vibrant community offers a lifestyle that many dream of.

Mill Bay is renowned for its friendly atmosphere and strong sense of community, making it an ideal place for families, retirees, and everyone in between. The area is rich in outdoor activities, with nearby parks, hiking trails, and waterfront access that invite you to explore the breathtaking natural beauty of the region. Whether you enjoy kayaking, cycling, or simply taking leisurely strolls along the beach, Mill Bay has something for everyone.

For those seeking a home in this idyllic locale, you’ll be pleased to discover that there are numerous properties available for under $1.5 million. This range offers a diverse selection of charming single-family homes, modern townhouses, and spacious lots, ensuring you can find the perfect fit for your lifestyle and budget. Many of these homes come with stunning views, expansive gardens, and easy access to local amenities, including shops, schools, and recreational facilities.

Experience the best of Mill Bay, where the beauty of nature meets the comforts of home. With its affordable housing options and welcoming community spirit, now is the perfect time to make this coastal paradise your new home. Come and discover what makes Mill Bay truly special!

Newest Mill Bay Homes under $1.5 million

$999,900

3 Beds ⋅ 2 Baths ⋅ 1051736 MLS

Great live/work opportunity in Mill Bay! Custom built by the area’s original developers, this cozy West Coast inspired home has been lightly lived in for 25 years and offers an incredible opportunity for future development. Featuring 2-3 bedrooms, 2 baths, soaring vaulted ceilings and extensive custom woodwork, much of which was milled from trees on the property. Car enthusiasts and hobbyists will love the massive 1,200+ sq ft, 3-car garage with 12' ceilings, plus an attached carport. Cedar hardwood flooring, two new propane fireplaces, heat pump, 200amp service and a newer roof complete this unique, rural retreat. Set on a level, bright .99-acre lot with multiple potential build sites, this rare offering allows you to build your dream home while living on site (see RR-3 zoning for details). Close to Shawnigan Lake and just minutes from Mill Bay amenities.

2483 Arken Terr, Mill Bay

Courtesy of Macdonald Realty Victoria

$949,900

4 Beds ⋅ 4 Baths ⋅ 1050762 MLS

Tucked into a peaceful, treed setting in Mill Bay, this spacious three-level home offers an ideal blend of privacy, comfort and versatility. The main floor features a bright living room with fireplace, separate dining area, generous kitchen and a second family room with wood stove—giving everyone space to spread out. Step outside to the large rear deck and enjoy the surrounding evergreens and natural setting. Upstairs you’ll find three bedrooms, including a spacious primary with walk-in closet and ensuite, plus another full bath. The lower level adds exceptional flexibility with multiple recreation spaces, a media room and additional bathroom—perfect for teens, guests, a home gym, games room or possibly secondary accommodation. Multiple ductless heat pumps provide year-round comfort, while the double garage, covered front porch, storage shed, wood shelter and expansive yard complete the package. A warm, functional home with room for the whole family and a true West Coast feel.

1111 Fern Ridge Dr, Mill Bay

Courtesy of DFH Real Estate Ltd.

$610,000

2 Beds ⋅ 2 Baths ⋅ 1050329 MLS

Experience unparalleled living in Mill Bay's most coveted senior community, Ridgeview Estates. This turn-key rancher home is a rare gem. Boasting two bedrooms, two baths, a generous living space & sun-drenched private deck with an awning, all lovingly maintained. Designed for those who cherish quality and comfort, perfect for enjoying Vancouver Island's tranquil lifestyle. Every detail reflects meticulous care, ensuring a move-in-ready home. Enjoy the comfort of a gas furnace and fireplace. This home sits on a warm crawl space, walk-in height & excellent for additional storage. Situated at the heart of a vibrant senior community, it offers nearby access to tennis, golf, & hiking, supporting an active yet peaceful lifestyle. This property offers easy living in a sought-after location, rich in leisure and nature's beauty. Pet-friendly for your small dog or cat. Quick highway access to Victoria & Duncan. Embrace a life where convenience and community are waiting to welcome you.

920 Brulette Pl Unit ##16, Mill Bay

Courtesy of Pemberton Holmes Ltd.

$850,000

2 Beds ⋅ 2 Baths ⋅ 1049372 MLS

A rare opportunity in the heart of Mill Bay! Set on a beautiful 1-acre property, 675 Kilmalu Rd has been lovingly cared for by the same family for generations. The home remains largely in original condition and offers an exciting opportunity for its next owners. Bring your ideas and breathe new life into the existing home, renovate and make it your own, or explore the potential to build your dream home on this generous parcel. Surrounded by the relaxed lifestyle that makes Mill Bay so desirable, you’re just minutes from everyday shopping, local restaurants, schools, parks, and some of the Cowichan Valley’s beautiful beaches and coastline. Enjoy the space and privacy of an acre while still having everything you need close by. Properties with this much land, history, and potential are hard to find. Whether you’re looking for a renovation project, a long-term family property, or the site for a future dream home, 675 Kilmalu Road is ready for its next chapter.

675 Kilmalu Rd, Mill Bay

Courtesy of Coldwell Banker Oceanside Real Estate

$1,220,000

5 Beds ⋅ 3 Baths ⋅ 1050113 MLS

Tastefully Renovated Mill Springs Executive Home in a truly special community awaits a buyer(s) looking to embrace all this beautiful home has to offer. Stunning Landscaping greets you and surrounds you on your well laid out lot. Tucked at the end of the cul de sac ensures privacy and is secs to walking trails. The welcoming and well thought out floor plan is perfect for indoor and outdoor entertaining. Principle Suite/Bedroom on main for ease of living and privacy. 4/5 bedrooms spread out over three levels with 3baths. Custom designer kitchen with large Island perfect for gatherings or intimate evenings, dining and living room complete with gas fireplace, this family home has it all. The finished lower level offers so much flexibility for shared living or those visitors sure to stay. Generous Storage and work room, Two Bay garage and a side area with plenty of room to park the toys set this property apart. This light filled home and stunning grounds is a must view book today.

929 Deloume Rd, Mill Bay

Courtesy of Royal LePage Duncan Realty

$949,900

4 Beds ⋅ 3 Baths ⋅ 1048832 MLS

Solar panels feeding into the grid, a whole house heat pump with air conditioning, and a fully fenced 0.41 acre yard built for summer. Constructed in 1994, this 4 bed, 3 bath home offers 2,720 finished sq ft over two levels on a bare land strata lot in Mill Bay. Outside there is an above ground pool with a full railed deck, a covered patio, a 407 sq ft covered deck off the dining room, landscaped gardens with vegetable and fruit beds, and a side fence panel that opens for RV or boat storage. The upper level holds the living and dining rooms, a kitchen with skylight and breakfast area, a full bath, and three bedrooms including the primary with walk-in and ensuite. The lower level offers a large family room, a fourth bedroom, a full bath, an oversized laundry, a rear entry and interior access to the double garage, giving it real in-law potential. Recently upgraded electrical service, roof and gutters. Easy to show.

2508 Fawn Rd, Mill Bay

Courtesy of RE/MAX Generation

$894,999

2 Beds ⋅ 1 Baths ⋅ 1049895 MLS

Rare opportunity to build your dream home on a beautiful 1 acre parcel in Mill Bay with the added bonus of a fully finished carriage home and impressive shop already in place. The stylish 2 bedroom carriage home features vaulted ceilings, in suite laundry, and a custom fireplace, offering immediate flexibility for living, rental income, guests, or extended family. Below, the oversized two bay garage/shop boasts 12 foot ceilings and exceptional space for storage, hobbies, vehicles, or a workshop. Enjoy the freedom to plan and build your ideal home while taking advantage of the comfort, utility, and income potential already available on the property. A unique offering in a peaceful and desirable Mill Bay location.

2788 Sheldrake Pl, Mill Bay

Courtesy of eXp Realty

$1,185,000

3 Beds ⋅ 3 Baths ⋅ 1049167 MLS

OPEN HOUSE SUN OCT 4TH 12-2PM Welcome to 2565 Faulkner Place, an exceptional custom-built rancher in sought-after Mill Springs, Mill Bay. This home offers over 2,000 sq. ft. of beautifully designed, single-level living with 3 spacious bedrooms, 3 bathrooms, tasteful updates, and refined finishes. A gated entry and beautifully landscaped, low-maintenance yard create an impressive first welcome. Enjoy year-round comfort with a heat pump, on-demand hot water, and multiple covered patios for effortless indoor-outdoor living. The oversized over 14' garage offers exceptional space for vehicles, a boat, trailer or RV, while the rare 6'5" crawl space provides nearly 1,000 sq. ft. of storage plus a built-in workshop. Outside, enjoy a pergola, dry-scaped gardens, and established vegetable beds. Surrounded by trails, parks and green space, with schools and shopping nearby and Victoria just 25 minutes away. A truly special home offering comfort, versatility and lifestyle.

2565 Faulkner Pl, Mill Bay

Courtesy of Royal LePage Nanaimo Realty LD

$785,000

2 Beds ⋅ 2 Baths ⋅ 1048671 MLS ⋅ Sunset Maples BLDG.

Sunset Maples — one of Mill Bay’s most sought-after communities. This well-maintained end unit is 2-bed / 2-bath + den, level-entry home offers a bright and inviting open-concept design with generous windows, a spacious living & dining area, & a cozy gas fireplace. Updated heating & cooling system, flooring, paint, blinds, doors & appliances are only some of the upgrades. The generous primary suite features spacious closet and 5-pc ensuite. Step outside to the south-facing deck overlooking the private rear yard and nicely landscaped. A remarkably large, over height crawl space provides huge storage & potential for a workshop or hobby area. Conveniently located to Mill Bay amenities, Brentwood College, Shawnigan Lake, Bonner/ Kelsey schools & Kerry Park Recreation. Mill Bay Marina provides easy access to the Southern Gulf Islands for boating, kayaking, fishing, & prawning. Just 25 minutes to Victoria for commuting, this property offers the perfect blend of comfort and convenience.

912 Brulette Pl Unit ##6, Mill Bay

Courtesy of Pemberton Holmes Ltd. (Cow Vall)

$499,900

2 Beds ⋅ 2 Baths ⋅ 1048569 MLS ⋅ Lions Cove BLDG.

Welcome to “The Cove” & this recently renovated 2-bedroom end corner unit. Located on the back side of the 2nd floor, the building's unique design makes this a top-floor unit. At a comfortable 1141 sq ft, it's also one of the largest units & includes a coveted carport parking stall closest to the front entry. The upgrades pop in the kitchen: all-new appliances, countertops, flooring, plumbing & lighting fixtures, topped with freshened cabinets. Access the huge, partially covered deck from the kitchen or the 2nd bedroom, where you can enjoy wonderful natural surroundings. The upgrades continue throughout, with flooring, paint, & fixtures. Crown moldings finish off the living/dining areas, all warmed by the gas fireplace. The primary bedroom has a 4-piece ensuite & there’s enough space in the 2nd bedroom to combine an office/den area. No storage anxiety here: oversized closets plus a big storage room. This is a prime 55+ complex with excellent common areas close to amenities & the ocean.

2777 Barry Rd Unit ##213, Mill Bay

Courtesy of Pemberton Holmes Ltd. (Cow Vall)

$444,900

2 Beds ⋅ 2 Baths ⋅ 1048590 MLS

Welcome to Kerry Village—Adult Living in Mill Bay. Enjoy peaceful, low-maintenance living in this beautifully kept 55+ bare land strata community. You own both the land and home, with no pad rent. This bright, well-maintained home offers an open-concept layout with vaulted ceilings, skylights and lovely treed views. The flexible floor plan is currently set up as a spacious one-bed home, but it can easily become two beds. The dining area could be converted back to a bedroom, or a wall added to the generous recreation/family room. The primary bedroom features a walk-in closet, ensuite and space for a small office. The family room includes a cozy propane fireplace, perfect for relaxing. Recent improvements include a new hot water tank, replacement of some deck boards, new stairs from the lower deck and a new back fascia. The stairs and lower front deck have also been freshly painted. As well, The skylights and gutters have been cleaned. A comfortable home in an adult-oriented community.

1071 Bourban Rd, Mill Bay

Courtesy of Royal LePage Nanaimo Realty LD

1120 Shawnigan-Mill Bay Rd Unit ##33C, Mill Bay

$349,900

3 Beds ⋅ 1 Baths ⋅ 1048050 MLS

Well-maintained 3-bedroom, 1-bath double-wide in Cedar Creek Mobile Home Park! This spacious home features a bright, open living room with vaulted ceilings and a cozy fireplace, creating an inviting atmosphere. The updated kitchen offers both style and practicality for everyday living. Stay comfortable year-round with an efficient heat pump, and enjoy the added luxury of heated floors in the bathroom. Outside, you’ll find a large, fully fenced backyard with plenty of room for gardening, including space for veggie beds. Two storage sheds and covered parking add excellent functionality and convenience. Situated in a welcoming community with no age restrictions, and pet- and rental-friendly, this property is a great option for both homeowners and investors alike. Ideally located just 5 minutes from the community of Mill Bay and only 40 minutes to Victoria, this home offers a perfect balance of peaceful living and easy access to amenities.

1120 Shawnigan-Mill Bay Rd Unit ##33C, Mill Bay

Courtesy of RE/MAX Island Properties (DU)

Start Your Search

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.