HomeCentral SaanichWillis Point
$3,699,000New

7318 Mark Lane, Central Saanich

7318 Mark Lane, Central Saanich

Willis Point · Single Family Residence · MLS® 1043680 · Listed Jul 21, 2026

3
Beds
3
Baths
4,154
Sqft
0.63 Acres
Lot
5
Parking
1997
Built
Overview

About This Property

Experience exceptional West Coast waterfront living at 7318 Mark Lane in sought-after Willis Point. Set on a private 0.63-acre waterfront property with a deep-water dock and private moorage, this meticulously maintained 4,000+sf home offers 3 bedrooms, 3 bathrooms, and breathtaking ocean views from nearly every room. Vaulted ceilings and expansive windows fill the home with natural light, while the chef-inspired kitchen with dual islands is perfect for entertaining. The primary suite features a walk-in closet, luxurious ensuite, and private hot tub overlooking the water. Over 1,500sf of decks and patios provide seamless indoor-outdoor living. A rare bonus, the property is zoned to permit a detached cottage of up to 968sf for guests or extended family. Extensive updates—including a new roof, furnace, hot water tank, water softener, and more—make this move-in-ready waterfront retreat an exceptional opportunity with direct access to world-class boating, fishing & kayaking.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms3
Bathrooms3
Interior4,154 sqft
Lot Size27,443 sqft (0.63 acres)
Lot FeaturesDock/Moorage
Parking5 spaces (3 garage)
Year Built1997
Fireplaces3
HeatingForced Air, Propane
BasementFinished, Walk-Out Access, With Windows
ExteriorStucco
RoofFibreglass Shingle
FoundationConcrete Perimeter
WaterWell: Drilled
SewerSeptic System
ZoningResidential
Taxes$12,877.31 (2026)
MLS® #1043680
BrokerageOakwyn Realty Ltd.
Location

Map

Neighbourhood

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Property Insights

History & Activity

  • ListedApr 17, 2025MLS® 995598$3,795,000
  • ListedSep 18, 2024MLS® 976450$3,795,000
  • ListedNov 3, 2023MLS® 947703$3,795,000
Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

willis point · single-family
$1,475,000
Median Sold
9
Months of Supply
60
Avg Days to Sell
Buyer'S
Market

Willis Point single-family averages, updated daily. See Willis Point market stats or Central Saanich market stats.

Questions about this property

How much is 7318 Mark Lane, Central Saanich listed for?

It is listed at $3,699,000.

What kind of home is 7318 Mark Lane, Central Saanich?

A Single Family Residence in Willis Point, Central Saanich with 3 bedrooms, 3 bathrooms, 4,154 sqft, built in 1997.

Does 7318 Mark Lane, Central Saanich have parking?

It has 2 parking spaces.

How big is the lot at 7318 Mark Lane, Central Saanich?

The lot is 27,443 sqft (0.63 acres).

What is the Central Saanich real estate market like now?

Central Saanich is currently a buyer's market: median sold price $1,475,000, 9 months of inventory, homes typically selling in about 60 days.

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VREB · Victoria Real Estate Board

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: Jul 25, 2026.