Price
$6,700,000
Bedrooms6 Beds
Bathrooms6 Baths
Size5992 sqft
Year Built1996
Property TypeDetached Home
Property Taxes$27,349.81
Experience unparalleled beachfront living on prestigious Parker Avenue, where sweeping views of Mount Baker and vibrant sunrises define this exceptional 2.85-acre waterfront estate. Meticulously renovated in 2012, the main residence exudes sophistication and comfort. With 7 bedrooms and 5 1/2 bathrooms, the home offers ample space for family and guests. Every principal room of the house captures stunning, uninterrupted ocean and garden views, creating an ambiance of serenity and connection to nature. Upon entering, a grand foyer welcomes you with its striking floating staircase and soaring 16-foot vaulted ceilings, immediately setting the tone for the exquisite design and craftsmanship within. The open-concept kitchen, dining, and living areas provide a seamless flow for entertaining and everyday living, while the expansive windows ensure that the spectacular scenery remains a constant backdrop. The upper level offers 4 spacious bedrooms, each offering comfort and privacy. The exquisite primary suite and spa-inspired ensuite offers a serene retreat. The lower level of the residence expands your living space with a generously sized rec room, a comfortable guest bedroom, a well-appointed bathroom and convenient walk-out access to multiple patio spaces. For added versatility, a separate, self-contained 1-bedroom studio provides an ideal space for guests, extended family, or a home office. A detached 4-car garage offers ample space for vehicles, storage or a home gym. The estate's grounds feature manicured gardens and a gently sloping lawn that leads down to 250 feet of private beachfront. This secluded seaside haven promises peace and tranquility, where the soothing sounds of the waves become your daily soundtrack. This truly rare and remarkable opportunity represents the pinnacle of waterfront living and an exceptional chance to create your dream coastal lifestyle. (id:39198)
The listing brokerage and/or agent is Engel & Volkers Vancouver Island
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$26,348 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$5,360,000
Total Interest Payments
$3,304,767
Total Payment (Principal + Interest)
$8,664,767
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.