Price
$3,498,000
Bedrooms7 Beds
Bathrooms5 Baths
Size4522 sqft
Year Built1976
Property TypeDetached Home
Property Taxes$12,220.13
Spectacular walk-on beachfront oasis in the heart of Cordova Bay, just 20 minutes from downtown Victoria and 15 minutes from the airport. This rare offering includes a beautifully renovated main residence and a detached multi-unit carriage house, combining timeless West Coast charm with modern luxury and strong rental potential. The main home has been completely reimagined with new in-floor heating, custom flooring, a fully open-concept layout, and sophisticated coastal design. A chef’s dream kitchen features custom cabinetry, double dishwashers and fridges, a farmhouse sink, and a La Cornue oven from France. Elegant French doors open to a private upper deck with a hot tub, perfect for relaxing under the stars. The living area is anchored by a Rumford wood-burning fireplace and opens through storm-proof French doors directly to the beach. Each of the three bathrooms has been fully renovated with upscale fixtures and spa-like finishes. Outside, the property is lushly landscaped with wisteria-draped gables, hydrangeas, and rhododendrons. Artificial turf and custom walkways make maintenance a breeze, while direct beach access invites paddleboarding, kayaking, and sunset strolls. The detached carriage house includes two stylish, self-contained and furnished suites—one 2-bedroom with in-suite laundry, and one 1-bedroom—perfect for guests or generating $70,000–$90,000/year in rental income. This exceptional property offers a lifestyle of beauty, flexibility, and understated elegance. Featured in the 2023 Hollywood film Making Waves, it is truly one of Vancouver Island’s most iconic beachfront retreats. (id:39198)
The listing brokerage and/or agent is Sotheby's International Realty Canada
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.
$13,585 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,798,400
Total Interest Payments
$1,725,384
Total Payment (Principal + Interest)
$4,523,784
$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.