273 Coal Point Lane, North Saanich
Deep Cove · Single Family Residence · MLS® 1007491 · Listed Sep 12, 2025
A once-in-a-lifetime opportunity to own one of the most unique south-western points on the Saanich Inlet with an adjoining private Island! The property has a spectacular vista, 360 degree views with year round sunsets to enjoy from the hot tub or the 4500 square feet of wrap-around deck. With +/-1000 feet of ocean frontage, and private island attached by a footbridge to the main property, this is without a doubt the best location in Deep Cove and on the Saanich Peninsula! It has been in the same family for over 65 years, and is rich in history. The home and guest cottage both sit at the waters edge. With native vegetation & abundant wildlife viewing year-round, this is a nature-lover's paradise. A property that is so magical you have to feel it to truly appreciate its value! The main home sits like an anchor of the property to take advantage of the seaside. The cottage is ideal for guest and family to visit and has a charm that will make you not want leave. This one is a must see!!
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Interior | 2,137 sqft |
| Lot Size | 43,996 sqft (1.01 acres) |
| Lot Features | Cleared, Dock/Moorage, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Level, Marina Nearby, Near Golf Course, No Through Road, Park Setting, Private, Quiet Area, Recreation Nearby, Rocky, Serviced, Southern Exposure, Walk on Waterfront, Wooded, See Remarks |
| Parking | 5 spaces |
| Year Built | 1965 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Heat Pump, Wood |
| Basement | Crawl Space, Partial, Walk-Out Access |
| Exterior | Block, Shingle-Wood |
| Roof | Asphalt Rolled, Asphalt Shingle, Metal |
| Foundation | Block, Concrete Perimeter, Other |
| Flooring | Laminate, Tile, Wood |
| Water | Municipal |
| Sewer | Sewer Connected, Sewer To Lot |
| Zoning | Residential |
| Taxes | $18,415.83 (2025) |
| Extras | F/S/W/D, Hot Tub, Oven/Range Electric, Refrigerator |
| MLS® # | 1007491 |
| Brokerage | Newport Realty Ltd. |
Similar properties sold within 6 months
Deep Cove single-family averages, updated daily. See Deep Cove market stats or North Saanich market stats.
273 Coal Point Lane, North Saanich sold on January 14, 2026, after 124 days on the market.
It sold for $4,100,000 (listed at $4,950,000). Source: BC Assessment (registered sale).
It was on the market for 124 days, from September 12, 2025 to January 14, 2026.
A Single Family Residence in Deep Cove, North Saanich with 3 bedrooms, 2 bathrooms, 2,137 sqft, built in 1965.
It has 5 parking spaces.
The lot is 43,996 sqft (1.01 acres).
273 Coal Point Lane, North Saanich sold for $4,100,000, 7.6% above its BC-assessed value of $3,809,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 108%. Source: BC Assessment.
North Saanich is currently a seller's market: median sold price $1,899,950, 2.4 months of inventory, homes typically selling in about 47 days.
There are 11 houses for sale in Deep Cove right now. Browse all Deep Cove houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Deep Cove is $1,899,950, based on 78 sales over the past 12 months. The median price per square foot is $741. Compare asking prices across the houses currently for sale in Deep Cove.
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 12, 2026.
