Discover a rare opportunity to build your custom home in Cordova Bay, one of Vancouver Island’s most desirable neighborhoods. Nestled at the end of a quiet cul-de-sac and surrounded by mature trees are two exceptional building lots—each over 10,000 sq ft—that offer privacy, prestige, and ocean views. Zoned RS-12, the properties provide ample space to design and construct a luxurious home tailored to your vision. A Development Variance Permit has been approved, allowing for two separate single-family dwellings with street-level entries and walk-out lower floors. Preliminary building plans are available to streamline your path to development. Prospective buyers are encouraged to verify entitlements with the District of Saanich. Bonus: Potential for small-scale multi-unit housing under new Saanich bylaw (buyer to verify).
Don’t miss this exclusive opportunity to secure a foothold in Cordova Bay. Contact us today to learn more and begin envisioning your coastal luxury lifestyle.
Data was last updated July 27, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$1,749,000
Min list price:
$399,999
Max list price:
$6,700,000
Avg days on market:
46
Min days on market:
2
Max days on market:
865
Avg price per sq.ft.:
$762.78
These statistics are generated based on the current listing's property type
and located in
SE Cordova Bay. Average values are
derived using median calculations. This data is not produced by the MLS® system.