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3842 Fearn Way, Ladysmith Ladysmith

Price

$2,995,000

Bedrooms4 Beds

Bathrooms5 Baths

Size6961 sqft

Year Built2001

Property TypeDetached Home

Property Taxes$9,255.19

Description

There are places that feel like they were meant for you. This sun-soaked waterfront sanctuary in Evening Cove is one of them. Perfectly positioned with rare southwest exposure, this home offers all-day sun, year-round sunsets, and a connection to the water that is both peaceful and powerful. From the moment you arrive, the calm of the cove settles in—sunlight dances across the water, and the pace of life slows to the rhythm of the tide. Designed for spacious one-level living, the layout is both expansive and intimate. The bright, open main floor is ideal for everyday comfort and effortless entertaining, with a chef’s kitchen, vaulted ceilings, and hardwood floors anchoring the heart of the home. Each bedroom is a private retreat, featuring a spa-like ensuite, walk-in closet, and access to its own oceanview deck. Outside, immaculate landscaping and multiple view decks invite you to take in the sights and sounds of nature—whether you’re watching eagles soar overhead or sipping wine as the sun sets into the sea. With easy ocean access and deep-water moorage for larger vessels, the lifestyle here is as active or as serene as you choose. The home is expertly built—described by many as “overbuilt”—with an emphasis on quality, strength, and timeless design. Ample parking and municipal services add ease and practicality to this exceptional offering. This isn’t just a home—it’s a rare chance to live where the coastline becomes your backyard and every day begins and ends with the ocean. (id:39198)

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Listed By

The listing brokerage and/or agent is Newport Realty Ltd.

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.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$11,531 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,396,000

Total Interest Payments

$1,477,280

Total Payment (Principal + Interest)

$3,873,280


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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


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Meet Alex & Georgia

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.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions