





5388 Parker Avenue, Cordova Bay Saanich
Price
$2,645,000
Bedrooms4 Beds
Bathrooms6 Baths
Size3882 sqft
Year Built2007
Property TypeDetached Home
Property Taxes$10,897.92
Description
A rare opportunity to own a Mediterranean-style masterpiece on prestigious Parker Avenue in beautiful Cordova Bay. Rebuilt in 2007, this Tuscan-inspired custom home offers the perfect blend of European charm and modern West Coast elegance, with views of Cordova Bay Golf Course and Ocean from upper levels. Inside, you’ll find high-end finishes and artisan craftsmanship throughout. The dramatic open-concept great room is highlighted by exposed wood beams and gorgeous walnut hardwood floors with radiant heat. The chef’s kitchen features a stunning piano-shaped island, premium appliances, a sunny breakfast nook, and a formal dining space with custom ceiling detailing. The spacious primary suite includes a sitting area, dual walk-in closets, a luxurious ensuite with slipper tub and separate shower, and its own private laundry. On the lower level, enjoy a family/media room, full laundry room, and an impressive wine cellar. Upstairs, the rooftop terrace is a true showstopper—complete with a wet bar, perfect for entertaining with sweeping golf course and ocean views. Studio above the garage includes a full bathroom, with kitchenette below, making it ideal for guests, an office, or in-laws. The beautifully landscaped, fully fenced yard includes lush plantings, a tranquil pond, blueberry bushes, and an interlocking brick patio with a stone gas fireplace—offering multiple sun-drenched seating and dining areas. This home offers the perfect balance of Old World charm and West Coast luxury, steps from the Parker Beach, Cordova Bay Golf Course, Lochside Trail, shops and schools. A truly one of a kind offering in one of Victoria's most coveted locations. (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Camosun
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Property Dimensions
The Property Location
Mortgage Calculator
Total Monthly Payment
$10,410 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,116,000
Total Interest Payments
$1,304,643
Total Payment (Principal + Interest)
$3,420,643
Cashflow Calculator
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Comber Friesen Group
Realtors
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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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.