Truly one of Vancouver Islands finest properties...welcome to Ponderosa Ranch! Beautiful private, gated and fenced 50 acre estate is an ideal equestrian and farm property with 2 homes and ample outbuildings. Perched near the top of the property to enjoy spectacular ocean, mountain (Mt. Baker on clear days) and pastoral views is the stunning, 3 level 6951 sqft main residence. It has everything you would expect with high end finishing, a gourmet kitchen, spacious rooms, gas fireplaces and lots of open living space in which to entertain. Off the kitchen is a relaxing patio with pond, beautiful landscaping and a hot tub. Up are 4 spacious bedrooms including the beautiful master suite with spa-like ensuite bathroom and walk-in closet, 2 bedrooms with deck access and another with 3 piece ensuite bath. Also on this level is great open office area looking towards the barns and a large laundry room. On the lower level is a media room, library, rec room, some flexible space, mechanical room and plenty of storage. Above the attached triple garage is a comfortable guest accommodation with a small deck and spectacular views. The very comfortable 2 level, 2nd residence is 1900 sqft with 3 bedrooms, 2 bathrooms, open design kitchen/dining/living space, huge rec room downstairs, a great covered deck, lots of covered parking and a ductless heat pump system. Outbuildings include a 2288 sqft, 7 stall horse barn with 2288 sqft hay loft above, tack room, feed room, washroom, covered exterior areas and pens. There is a 78'8" x 38'8" cattle barn with covered areas on either side, a 916 sqft shop/carriage house with loft space, huge carport and attached workshop, a 78' x 22'10" equipment storage building, a couple of hay storage buildings and more. There is also a riding ring, pond, great well, back up generator system and really too much to list! GST may apply.