
4916 Lochside Dr
$2,185,000
Cordova Bay
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About this home
This custom-built 1967 home was thoughtfully designed to take full advantage of the property's stunning views and exceptional setting. Whether you choose to renovate, redecorate or build your dream home, this is a truly unique estate property offering endless possibilities. Set on a private 1.27-acre panhandle lot in sought-after Cordova Bay, it combines ocean views, outstanding privacy and an unbeatable location just a short walk to the beach, McMinn Park and Broadmead. Properties like this are exceptionally rare. Perched on a gently sloping site, the main residence offers over 2,300 sq.ft. on the main level with 3 bedrooms, 2 bathrooms, and spacious living, dining and kitchen areas designed to frame sweeping views toward Mt. Baker. The 1,600 sq.ft. lower level includes an in-law suite with a separate entrance plus a large rec room for the main home. A hobbyist's dream, the property features a double garage with an attached garden room, a large detached workshop on the former horse paddock, abundant storage throughout, and a separate 1-bedroom guest cottage tucked privately among the beautiful treed upper portion of the property. Multiple accessory buildings provide excellent opportunities for a home-based business, studio, workshop or private office. Outdoor enthusiasts and gardeners will appreciate the established garden areas, greenhouse, mature trees and peaceful natural surroundings, creating a private retreat unlike any other. There's even a fenced tennis or sport court, while the expansive grounds still leave ample space to further customize the property to suit your lifestyle. A rare opportunity to own a private acreage where you can enjoy the existing improvements, create your ideal family estate, or design and build your forever home in one of Victoria's most desirable neighbourhoods. (id:65179)
Property details
From the listing's public record.
Lot size
1.27 acres
Year built
1967
Taxes
$12,721/yr
Zoning
Residential
View
Appliances
Heating
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 9, 2026
Listed $2,185,000
Active19 days on marketMLS 1041801
How this listing compares
Based on 80 sales in Cordova BayMedian sold
$1,596,500
Avg days on market
50 days
Avg sale-to-list
96%
Avg $/sqft
$555
Price per square foot
Below area average
Current market in Cordova Bay
Active (same type)
39
Pending
13
All active listings
75
Months of supply
5.8
Balanced market — 5.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,630,000
Homes in Saanich East sell at 102.5% of assessed value on average.
Based on 643 recent sales.
Local price trend
How Cordova Bay has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales922 Claremont Ave
$1,460,000
5 bd · 2 ba · 2,830 sqft · $516/sqft · 8 days on market
Sold Jul 22, 2026 · 100.1% of list
748 Walema Ave
$2,300,000
5 bd · 3 ba · 3,491 sqft · $659/sqft · 10 days on market
Sold Jul 22, 2026 · 100.1% of list
4988 Georgia Park Terr
$2,009,999
4 bd · 3 ba · 5,413 sqft · $371/sqft · 11 days on market
Sold Jul 16, 2026 · 100.5% of list
5198 Beckton Rd
$1,386,500
3 bd · 3 ba · 2,630 sqft · $527/sqft · 95 days on market
Sold Jul 16, 2026 · 99.1% of list
4984 Georgia Park Terr
$1,945,000
5 bd · 4 ba · 3,636 sqft · $535/sqft · 40 days on market
Sold Jul 15, 2026 · 97.7% of list
5090 Cordova Bay Rd
$5,750,000
— · — · — · 59 days on market
Sold Jul 15, 2026 · 76.7% of list
5195 Walema Crt
$1,415,000
4 bd · 3 ba · 2,845 sqft · $497/sqft · 19 days on market
Sold Jul 13, 2026 · 95.6% of list
866 Cambria Wood Crt
$1,585,000
4 bd · 3 ba · 3,626 sqft · $437/sqft · 27 days on market
Sold Jul 7, 2026 · 97.5% of list
5155 Lochside Dr
$1,425,000
3 bd · 3 ba · 2,634 sqft · $541/sqft · 30 days on market
Sold Jul 3, 2026 · 95.1% of list
989 Abbey Rd
$1,400,000
4 bd · 3 ba · 1,863 sqft · $751/sqft · 6 days on market
Sold Jun 30, 2026 · 93.6% of list
5047 Benton Crt
$1,430,000
4 bd · 3 ba · 2,373 sqft · $603/sqft · 13 days on market
Sold Jun 25, 2026 · 98.8% of list
774 Destrube Pl
$1,850,000
5 bd · 4 ba · 4,482 sqft · $413/sqft · 13 days on market
Sold Jun 24, 2026 · 100% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$2,185,000 − $437,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$482,050
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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