Micro Market Minute - Week 4: Crown Isle

Luxury, stability, and quiet momentum in Courtenay’s premier planned community

The Crown Isle property in Courtenay, BC was originally acquired in 1988, when 805 acres Crown Zellerbach Forestry was purchased for the purpose of constructing a master-planned community centred around a championship 18-hole golf course.  To date, over 1,200 housing units have been built in the Crown Isle community, with potential for an additional ±1,500 units.

Crown Isle continues to define the Comox Valley’s upper-tier residential benchmark (excluding oceanfront & acreage).  Crown Isle offers a mature, master-planned golf-course community where architectural consistency, design quality, and lifestyle amenities sustain long-term value.

Between 2022 and 2025, the single-family detached (SFD) market has shown steady resilience: consistent volumes, modest price appreciation, and only gradual lengthening in days on market.

Key Takeaways from Single-Family Dwelling Market

• Stable high-end demand: Prices have advanced +5.2 % since 2022, with limited volatility across years. YTD 2025, Crown Isle SFD properties account for 14.8% of all SFD sales with a price of $1,000,000 in the Comox Valley.

  
  

• Activity rebounded in 2025, reflecting renewed confidence in move-up and downsizing buyers alike.

  
  

• DOM has lengthened, but well-priced, turnkey homes still sell quickly. The median 'days on market' at 40 days remains strong for this price tier. VIREB

Market Drivers in Crown Isle

Location, Design Quality, & Consistency: Homes with fairway frontage will tend to attract premiums.  Strict architectural guidelines and curb appeal standards preserve value and attract relocation buyers seeking predictability and pride of ownership.

Lifestyle & Amenities: The golf course, clubhouse, and walkable paths to commercial areas create a complete neighbourhood experience unique in the Valley.

Buyer Demographics: Predominantly retiree in-migration from BC’s South Coast and Alberta, coupled with local professionals seeking long-term stability and low-maintenance luxury.

Supply DynamicsLimited new lot inventory and a modest pace of new builds maintain equilibrium. Builders remain focused on right-sized rancher plans that meet both family and retiree demand.

Valuation Perspective (Jackson & Associates Ltd.)

Crown Isle remains a benchmark market for valuation calibration within the Comox Valley:

• Golf-course frontage premiums: typically +5 to10 % versus interior lots.

• Ranchers (2020+) command the tightest value range, balancing size, age, and efficiency.

• Two-storey executive homes exhibit wider variance due to size and maintenance considerations.

“Crown Isle’s consistency is its advantage as buyers know exactly what they’re buying, and lenders know exactly what they’re financing.”

Outlook — Winter 2025 / Spring 2026

Expect continued balance through early 2026.

• SFD Median prices likely to remain in the $1.20 – $1.25 M range.

• Active listings limited, keeping conditions modestly in sellers’ favour.

• Demand led by retiree relocation and high-equity local trades rather than speculative momentum.

Jackson & Associates Ltd.Trusted Valuation & Advisory Since 1973🌐  #MicroMarketMinute #CrownIsle #ComoxValley #AppraisalExperts