4912 Lochside Dr, Saanich
SE Cordova Bay · Single Family Residence · MLS® 1047886 · Listed Aug 26, 2026
A very Special 2.55 Acre Potential Development Opportunity, for an Innovative developer with time and motivation. OCP suggests higher density, (with rezoning) The one of a kind character log home built in the 1940's. can be cleaned and rented while the potential is examined, and brought to fruition. The value is definitely in the LAND. After approval is obtained to rezone and subdivide, with selective tree removal and building sites strategically located, water views over Cordova Bay may be achieved. The log house itself is a manageable Two bedrooms, den and 4 piece bath. Excellent potential opportunity for multiple lots if rezoned. Potential second access from Guy Place if land purchased from The Municipality of The District of Saanich. PLEASE DO NOT WALK THE PROPERTY WITHOUT AN APPROVED APPOINTMENT. Viewings restricted from 10AM to 4PM only. Any early offers will be presented Sept 6 at Noon.
| Property Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 1,350 sqft |
| Lot Size | 111,078 sqft (2.55 acres) |
| Lot Features | Acreage, Central Location, Hillside, Park Setting, Rectangular Lot, In Wooded Area, Wooded |
| Parking | 5 spaces |
| Year Built | 1950 |
| Fireplaces | 1 |
| Heating | Hot Water, Oil, Wood |
| Basement | Crawl Space |
| Exterior | Log |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Flooring | Mixed |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $12,004 (2025) |
| Extras | Oven/Range Electric, Refrigerator |
| MLS® # | 1047886 |
| Brokerage | Pemberton Holmes Ltd. |
Similar properties sold within 6 months
Cordova Bay single-family averages, updated daily. See Cordova Bay market stats or Saanich market stats.
It is listed at $2,999,000.
A Single Family Residence in SE Cordova Bay, Saanich with 2 bedrooms, 1 bathrooms, 1,350 sqft, built in 1950.
It has 5 parking spaces.
The lot is 111,078 sqft (2.55 acres).
Saanich is currently a seller's market: median sold price $1,575,000, 3.8 months of inventory, homes typically selling in about 43 days.
There are 34 houses for sale in Cordova Bay right now. Browse all Cordova Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Cordova Bay is $1,575,000, based on 165 sales over the past 12 months. The median price per square foot is $647. Compare asking prices across the houses currently for sale in Cordova 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 26, 2026.
