5388 Parker Ave, Saanich
SE Cordova Bay · Single Family Residence · MLS® 1022163 · Listed Dec 26, 2025
Mediterranean elegance in the heart of Cordova Bay. Rebuilt in 2007, this exceptional custom home offers privacy, timeless design, and luxurious coastal living with OCEAN AND GOLF COURSE VIEWS. High-end finishes & thoughtful craftsmanship are showcased throughout. Open-concept main level features dramatic great room with exposed beams, soaring ceilings, walnut hardwood flooring—ideal for everyday living & entertaining. The spacious primary suite includes his/her walk-in closets, sitting area, private laundry, and spa-inspired ensuite. Outdoor living shines with a private rooftop terrace featuring an entertainer’s bar and fantastic views. Fully fenced yard is beautifully landscaped with lush plantings, tranquil pond, and brick patio with gas fireplace. Additional highlights include detached studio above the garage with full bath, lower-level family/media room, wine cellar, & laundry. A rare opportunity in one of Cordova Bay’s most desirable locations, close to beaches, golf, and trails.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 6 |
| Interior | 3,882 sqft |
| Lot Size | 10,630 sqft (0.24 acres) |
| Lot Features | Level, On Golf Course, Private, Rectangular Lot, Shopping Nearby |
| Parking | 5 spaces (1 garage) |
| Year Built | 2007 |
| Fireplaces | 2 |
| Heating | Baseboard, Electric, Natural Gas, Radiant Floor |
| Basement | Other |
| Exterior | Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco |
| Roof | Tile |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile, Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $12,333.36 (2025) |
| Extras | Dishwasher, F/S/W/D, Garburator, Microwave |
| MLS® # | 1022163 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Cordova Bay single-family averages, updated daily. See Cordova Bay market stats or Saanich market stats.
5388 Parker Ave, Saanich sold on January 23, 2026, after 28 days on the market.
It sold for $2,335,000 (listed at $2,395,000). Source: BC Assessment (registered sale).
It was on the market for 28 days, from December 26, 2025 to January 23, 2026.
A Single Family Residence in SE Cordova Bay, Saanich with 4 bedrooms, 6 bathrooms, 3,882 sqft, built in 2007.
It has 4 parking spaces.
The lot is 10,630 sqft (0.24 acres).
5388 Parker Ave, Saanich sold for $2,335,000, 5.4% below its BC-assessed value of $2,467,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 95%. Source: BC Assessment.
Saanich is currently a balanced market: median sold price $1,595,500, 4.2 months of inventory, homes typically selling in about 42 days.
There are 38 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 $1,595,500, based on 160 sales over the past 12 months. The median price per square foot is $651. 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 12, 2026.
