513 Gurunank Lane, Colwood
Royal Bay · Single Family Residence · MLS® 1030251 · Listed Mar 26, 2026
Unobstructed ocean views with an Olympic Mountain backdrop set the tone for this exceptional 2019-built home in sought-after Royal Bay. Over 3,900 sq. ft. of thoughtfully designed living space on 3 levels, this home blends West Coast style w/ modern comfort. Bright open-concept main level features expansive windows, a redesigned fireplace, seamless access to extended wrap-around balcony perfect for entertaining or soaking in the scenery. Self-contained 1Br. suite for family or rental income, hobby room could function as a 5th bedroom. Over $160,000+ in recent improvements include 9 new windows, motorized blinds throughout, Toto bidet toilets in 4 bathrooms, suite heat pump, upgraded landscaping/gardens, fencing, top-of-the-line sewage treatment pump. Beautiful low-maintenance outdoor spaces complete this one-of-a-kind West Coast beauty just minutes from all Royal Bay amenities. Exceptional value for a newer ocean view home of this size, quality, and location!
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 5 |
| Interior | 3,956 sqft |
| Lot Size | 4,774 sqft (0.11 acres) |
| Lot Features | Rectangular Lot |
| Parking | 5 spaces (2 garage) |
| Year Built | 2019 |
| Fireplaces | 1 |
| Heating | Electric, Heat Pump, Natural Gas |
| Basement | Finished, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco, Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Tile, Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $7,805 (2026) |
| Strata Fee | $189/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK |
| Building Stories | 3 |
| Parking Type | Driveway, Garage Double |
| Amenities | Private Drive/Road |
| MLS® # | 1030251 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Royal Bay condo averages, updated daily. See Royal Bay market stats or Colwood market stats.
It has an accepted offer and the sale is pending; the asking price was $1,380,000.
A Single Family Residence in Royal Bay, Colwood with 4 bedrooms, 5 bathrooms, 3,956 sqft, built in 2019.
It has 3 parking spaces.
The lot is 4,774 sqft (0.11 acres).
513 Gurunank Lane, Colwood was originally listed at $1,499,000, then reduced to $1,380,000 (7.9% reduction).
Colwood is currently a buyer's market: median sold price $661,395, 9 months of inventory, homes typically selling in about 39 days.
There are 12 condos for sale in Royal Bay right now. Browse all Royal Bay condos for sale to see current listings, updated daily from the MLS® system.
The median condo sold price in Royal Bay is $661,395, based on 59 sales over the past 12 months. The median price per square foot is $788. Compare asking prices across the condos 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 16, 2026.