The Vantreight Farm, famed as the country’s daffodil capital and a family venture since 1884, is for sale.
Asking price for the 384 acres in Central Saanich is $20.4 million.
Thirty-two acres of the property have been approved for 57 waterview residential lots. That portion of the property is listed for $15.7 million.
The majority of the property, 352 acres, remains within agricultural zoning.
The residential lots, branded as “The Hill,” are “an absolutely spectacular site,” said broker Bill Randall of Cushman and Wakefield, adding that there is no reason that homes “respectful of the environment” cannot be built there.
The land has a contentious history.
Ian Vantreight bought out his brother, Michael, following an acrimonious court battle over the future of the land after their father died in 2000.
A court ordered the land sold in parcels, but Ian Vantreight wanted to keep running it, so the land was mortgaged to preserve the farm as a whole.
