For Sale

Cordova Bay Road, Saanich, British Columbia V8Y2K1

$5,500,000

Cordova Bay Road, Saanich, British Columbia V8Y2K1 is For Sale and has a listing price of 5,500,000. The property is located in the Cordova Bay neighbourhood. It's been on the website for 226 Days.

  • Single Family
    Property Type
  • House
    Building Type
  • 8
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: 965344
  • Office Name Sotheby's International Realty Canada,Sotheby's In
Property Description

A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front & centre on one of Victoria’s most desirable sandy beaches. Formerly known as The Beach House Restaurant, this landmark and pinnacle of the community is now available for redevelopment or continued existing use. Much coveted as a restaurant/special event venue, it includes two side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards San Juan Islands. The current substantial structure was fully updated in 2012 and has been well maintained. These commanding views could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. The discerning buyer is offered an incredible opportunity with intrinsic value. LOCATION Cordova Bay is an up-market neighbourhood of Greater Victoria, with some of the city’s prime oceanfront real estate. This property is located beside McMorran Park near to the services at Mattick’s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. This warm and vibrant community offers excellent schools and access to the famed Lochside Trail. It also boasts the 18-hole Cordova Bay Golf Course and the nine-hole pitch and putt Ridge Course. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 965344
  • Bathrooms: 8
  • Price: $5,500,000
  • Transaction Types: For Sale
  • Ref ID: 26953622
  • View: Mountain View, Ocean View
  • Year Built: N/A
  • Approx Sqft: 10993 sqft
  • Building Type: House
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
05/28/2024 965344 $5,500,000 For Sale - -
05/28/2024 970330 $5,500,000 For Sale - -
09/12/2023 942778 $5,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bathroom - Lower 2-Piece
Bathroom - Lower 2-Piece
Bathroom - Lower 6-Piece
Bathroom - Lower 6-Piece
Bathroom - Lower 2-Piece
Dining room - Lower 39 ft x 65 ft
Other - Lower 9 ft x 28 ft
Other - Lower 14 ft x 11 ft
Patio - Main 29 ft x 19 ft
Bathroom - Main 6-Piece
Bathroom - Main 5-Piece
Bathroom - Main 2-Piece
Balcony - Main 13 ft x 18 ft
Dining room - Main 26 ft x 18 ft
Dining room - Main 52 ft x 47 ft
Other - Main 11 ft x 23 ft
Entrance - Main 20 ft x 13 ft
Other - Main 22 ft x 20 ft
Kitchen - Main 35 ft x 12 ft
Storage - Other 22 ft x 18 ft
Utility room - Other 27 ft x 29 ft
Storage - Other 7 ft x 17 ft
Storage - Other 5 ft x 17 ft
Storage - Other 16 ft x 10 ft
Kitchen - Additional Accommodation 38 ft x 18 ft
Neighborhood Stats
Cordova Bay
  • $1,883,173 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -19.5%
  • 3 Month Change -17.0%
  • 6 Month Change -7.8%
Walkscore
  • 45 Walk Score
    Car-Dependent
  • 28 Transit Score
    Some Transit
  • 64 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    73.18%
  • Commercial
    6.12%
  • Condo
    19.53%
  • Land for Sale
    1.17%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air, Heat Recovery Ventilation (hrv)
  • Cooling System Air Conditioned
  • Total Parking Spaces: 10
  • Property Features Other, Central Location, See Remarks, Partially Cleared, Hillside
  • Waterfront: Waterfront On Ocean
  • Fireplace False
  • Security Sprinkler System-fire
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/05/2024 00:00:00
  • Agent Name: Glynis MacLeod,Kirsten MacLeod
  • Last Updated: 03/12/2024 17:45:14
Open House Dates
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