173 Caspian Dr, Colwood
Royal Bay · Single Family Residence · MLS® 1030557 · Listed Apr 8, 2026
Stunning upgraded corner-lot home offering the perfect blend of luxury, flexibility, and West Coast lifestyle! Enjoy year-round comfort with efficient HVAC and ultra low-maintenance artificial turf in both the front and expansive backyard. Inside, all three levels—including stairs—boast sleek vinyl plank flooring, while oversized windows flood the home with natural light and highlight the impressive oversized kitchen island. The basement features a guest suite and is roughed in for laundry, with potential to add a kitchen and separate entrance. Entertain in style with a pergola, concrete patio with interlocking pavers, and a spacious deck, all surrounded by a tall privacy fence. Ample parking with a 2-car garage PLUS an additional outdoor parking stall for a total of 3-car parking. Govee lighting throughout adds a modern touch. Walk to parks and enjoy being minutes to top schools, scenic trails, beaches, shopping, and dining!
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Interior | 2,492 sqft |
| Lot Size | 4,723 sqft (0.11 acres) |
| Lot Features | Corner Lot, Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby, Sidewalk |
| Parking | 5 spaces (2 garage) |
| Year Built | 2021 |
| Fireplaces | 1 |
| Heating | Forced Air, Natural Gas |
| Basement | Finished, Full, With Windows |
| Exterior | Cement Fibre |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $5,794.9 (2025) |
| MLS® # | 1030557 |
| Brokerage | Royal LePage Coast Capital - Chatterton |
Similar properties sold within 6 months
Royal Bay single-family averages, updated daily. See Royal Bay market stats or Colwood market stats.
173 Caspian Dr, Colwood sold on May 20, 2026, after 42 days on the market.
It sold for $1,167,000 (listed at $1,198,800). Source: BC Assessment (registered sale).
It was on the market for 42 days, from April 8, 2026 to May 20, 2026.
A Single Family Residence in Royal Bay, Colwood with 4 bedrooms, 4 bathrooms, 2,492 sqft, built in 2021.
It has 3 parking spaces.
The lot is 4,723 sqft (0.11 acres).
173 Caspian Dr, Colwood sold for $1,167,000, 2.6% above its BC-assessed value of $1,137,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 103%. Source: BC Assessment.
Colwood is currently a seller's market: median sold price $1,299,950, 1.5 months of inventory, homes typically selling in about 47 days.
There are 11 houses for sale in Royal Bay right now. Browse all Royal Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Royal Bay is $1,299,950, based on 138 sales over the past 12 months. The median price per square foot is $499. Compare asking prices across the houses currently for sale in Royal Bay.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.
