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2241 Benko Rd

$950,000

Mill Bay

Detached3 bd · 3 ba · 1,801 sqftBuilt 1971$527/sqft61 days on market

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About this home

Discover the charm of this rustic log home in South Mill Bay, nestled on a tranquil half-acre lot at the end of a quiet no-thru road—just 17 minutes from Langford. This inviting three-bedroom rancher features the warmth of wood throughout and a full walkout lower level. The living and dining area exudes cozy ambience with a wood-burning fireplace and new French doors opening to a spacious deck overlooking a fenced backyard with plum and apple trees. Recent upgrades include a stunning new kitchen with heated floors, a new ensuite and refreshed second bathroom, new vinyl windows and doors, a heat pump, pellet stove, and improvements to both the septic system and well. Downstairs offers a family room, third bedroom, bathroom, and a large unfinished space perfect for a workshop, hobby room, wine-making area, or more living space? Outside, enjoy the expansive yard and a charming log outbuilding with windows and a concrete floor—ideal for an artist’s studio. The home also features a high-producing well, beautifully refinished exterior logs, a roomy attached carport, and a circular driveway for easy access and parking. (id:65179)

Property details

From the listing's public record.

Lot size

0.51 acres

Year built

1971

Taxes

$3,304/yr

Zoning

Residential

Heating

Heat PumpBaseboard heatersElectricWood

Cooling

Air Conditioned

Parking

Carport

Lot

Private settingWooded area

Style

Log house/cabin

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

May 19, 2026
Listed $950,000
Ddf_delisted61 days on marketMLS 1037210
Jan 15, 2026
Listed $975,000
Expired105 days on marketMLS 1023290
Sep 9, 2016
$419,000
Sold19 days on marketMLS 734547
Sep 15, 2011
$324,800
Sold57 days on marketMLS 575234

How this listing compares

Based on 70 sales in Mill Bay

Median sold

$1,150,000

Avg days on market

50 days

Avg sale-to-list

97.1%

Avg $/sqft

$424

Price per square foot

This home: $527/sqft·Area average: $424/sqft

Above area average

Current market in Mill Bay

Active (same type)

Pending

All active listings

Months of supply

1.9

Seller's market — 1.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$868,000

Land

$427,000

Improvements

$441,000

Homes in Malahat & Area sell at 110.4% of assessed value on average.

Based on 241 recent sales.

Local price trend

How Mill Bay has moved over the last decade.

Local price index (normalized) · 119 months

Recent nearby sales

12 sales

654 Sentinel Dr
$1,105,000
4 bd · 4 ba · 6,261 sqft · $176/sqft · 124 days on market
Sold Jul 20, 2026 · 100% of list
899 Frayne Rd
$1,446,000
5 bd · 4 ba · 5,432 sqft · $266/sqft · 40 days on market
Sold Jul 16, 2026 · 95.1% of list
4-1723 Sandy Beach Rd
$1,118,800
2 bd · 2 ba · 1,719 sqft · $651/sqft · 72 days on market
Sold Jul 15, 2026 · 97.4% of list
1067 Briarwood Cres
$1,300,000
7 bd · 4 ba · 5,089 sqft · $255/sqft · 1 day on market
Sold Jul 15, 2026 · 100.1% of list
3070 Beachfront Cres
$4,320,000
4 bd · 5 ba · 7,315 sqft · $591/sqft · 18 days on market
Sold Jul 15, 2026 · 96% of list
1186 Briarwood Dr
$850,000
4 bd · 3 ba · 2,165 sqft · $393/sqft · 73 days on market
Sold Jul 10, 2026 · 85.1% of list
2514 Kinnoull Cres
$1,035,000
4 bd · 3 ba · 2,575 sqft · $402/sqft · 9 days on market
Sold Jul 8, 2026 · 98.6% of list
2548 Stubbs Rd
$1,300,000
5 bd · 4 ba · 3,823 sqft · $340/sqft · 15 days on market
Sold Jul 6, 2026 · 100.1% of list
625 Sentinel Dr
$1,285,000
4 bd · 3 ba · 3,126 sqft · $411/sqft · 11 days on market
Sold Jun 30, 2026 · 99.6% of list
2565 Faulkner Pl
$1,150,000
3 bd · 3 ba · 2,962 sqft · $388/sqft · 17 days on market
Sold Jun 29, 2026 · 100% of list
2486 Glendoik Way
$1,230,000
5 bd · 3 ba · 2,944 sqft · $418/sqft · 44 days on market
Sold Jun 29, 2026 · 98.4% of list
856 Hayden Pl
$1,215,000
4 bd · 3 ba · 4,476 sqft · $271/sqft · 45 days on market
Sold Jun 29, 2026 · 99.7% of list

What would this home cost?

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Purchase price

Down payment

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Amortization (years)

Newly built / new constructionAdds 5% GST. Eligible for the Newly Built PTT exemption (≤ $1.1M full, partial to $1.15M).First-time home buyerEligible for the First-Time PTT exemption (≤ $835K full, partial to $860K). Only one exemption can apply per purchase.

Estimate

Monthly mortgage

—

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Loan amount

$950,000 − $190,000

$760,000

Down payment

20.0%

$190,000

Property Transfer Tax

$17,000

Legal / closing (est.)

$1,500

Cash to close

$208,500

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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2241 Benko Rd

Interested in this home?

About this home

Property details

Price history

How this listing compares

Current market in Mill Bay

Assessment

Local price trend

Recent nearby sales

What would this home cost?

Want a real rate?

More on this listing

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