4563 Cordova Bay Rd, Saanich
SE Cordova Bay · Land · MLS® 1030929 · Listed Apr 2, 2026
Rarely does an opportunity like this come to market. Set on nearly half an acre of high-bank waterfront in the highly sought-after Cordova Bay, this exceptional property offers the perfect canvas to create a truly one-of-a-kind coastal residence. The sloping topography invites innovative architectural design—ideal for a stunning custom home that maximizes ocean views and blends seamlessly with the natural landscape. Zoned for single-family residential use, this property presents a unique chance for buyers with creativity and ambition to craft something extraordinary in an unbeatable location. Any/All Offers to be submitted on or before Friday April 10th, 3:00 PM. Buyer to verify all details deemed important, including zoning, building parameters, and permitting requirements.
| Property Type | Land |
| Lot Size | 18,600.12 sqft (0.43 acres) |
| Lot Features | Hillside, Irregular Lot, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Sloped, Southern Exposure, Walk on Waterfront |
| Water | Municipal, To Lot |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $1,653 (2025) |
| MLS® # | 1030929 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Cordova Bay all property types averages, updated daily. See Cordova Bay market stats or Saanich market stats.
4563 Cordova Bay Rd, Saanich sold on April 22, 2026, after 20 days on the market.
It sold for $270,000 (listed at $299,999). Source: BC Assessment (registered sale).
It was on the market for 20 days, from April 2, 2026 to April 22, 2026.
The lot is 18,600.12 sqft (0.43 acres).
4563 Cordova Bay Rd, Saanich sold for $270,000, 35.7% below its BC-assessed value of $420,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 64%. Source: BC Assessment.
Saanich is currently a balanced market: median sold price $1,504,000, 4.8 months of inventory, homes typically selling in about 58 days.
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 18, 2026.
