LANGFORD, B.C., JULY 25, 2025 (compiled from Victoria Buzz, Goldstream Gazette, CHEK News, and Times Colonist) — Bear Mountain Resort—including its two Jack Nicklaus–designed 18-hole golf courses, large tennis facilities, and over 300 acres of development land—has officially been put up for sale under a court-ordered receivership process.
The resort’s parent company, Ecoasis Developments LLP, entered receivership in September 2024 after failing to repay a $62 million loan to creditor Sanovest Holdings Ltd. The B.C. Supreme Court approved the sale process on July 15, 2025. Potential bidders have until September 16 to submit letters of intent, with final bids due November 3. Any resulting sale must be completed and closed by December 31.
Marketing materials emphasize that the full resort package—including golf course operations, tennis courts (Canada’s largest indoor/outdoor red-clay facility), trail networks, and undeveloped parcels—is being offered as a combined opportunity. However, the Westin Bear Mountain Resort & Spa is excluded from the sale and remains operational.
Brandon Selina of the official listing agent Colliers Victoria says the resort is poised for either master-developer acquisition or component breakdown, given its flexible zoning for over 2,300 residential units and 120,000 ft² commercial space .
Last week there appeared to be some reports that the development had been purchased already but Selina said in a phone call that was not correct and that the process was still "in the early stages."
Related Links
Local News Coverage:
-
Victoria Buzz – “Bear Mountain’s lands and assets up for sale…”
-
Goldstream News Gazette – “Langford’s Bear Mountain goes on the market…”
-
Times Colonist – “Bear Mountain on the market, including golf courses…”
Unless otherwise noted, all images are credit: courtesy resort / media organization.