5549 Alderley Rd, Saanich
SE Cordova Bay · Single Family Residence · MLS® 1029261 · Listed Mar 18, 2026
Rare 1.89-acre estate property in sought-after Cordova Bay, surrounded by estates, hobby farms and equestrian properties—perfect for buyers seeking space, privacy, and larger acreage living. This custom executive home offers nearly 5000 sq/ft with 7 bedrooms and 5 bathrooms, ideal for large or multi-generational families. The bright layout features vaulted ceilings, a dramatic central staircase, and an open chef’s kitchen with breakfast area and family room leading to a large sun-filled deck ideal for entertaining. Upstairs offers generous bedrooms including ensuites and private balconies. The lower level includes a self-contained 2-bedroom in-law suite, additional bedroom, rec/media room and laundry. Beautiful sunny yard space, multiple patios, and ample parking for RVs and recreational vehicles. New roof, triple garage and large crawlspace for storage. A-1 Rural zoning allows many possibilities. A rare acreage opportunity minutes to Cordova Bay beaches, golf, parks and amenities.
| Property Type | Single Family Residence |
| Bedrooms | 7 |
| Bathrooms | 5 |
| Interior | 5,000 sqft |
| Lot Size | 82,328.4 sqft (1.89 acres) |
| Lot Features | Acreage, Cleared, Landscaped, Level, Pasture, Quiet Area, Rural Setting |
| Parking | 9 spaces (3 garage) |
| Year Built | 2004 |
| Fireplaces | 2 |
| Heating | Heat Pump |
| Basement | Crawl Space, Finished, Full, Walk-Out Access, With Windows |
| Exterior | Insulation: Ceiling, Insulation: Walls, Stone, Stucco |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile |
| Water | Municipal |
| Sewer | Septic System |
| Zoning | Agricultural |
| Taxes | $13,075.46 (2026) |
| Extras | Dishwasher, Dryer, F/S/W/D, Refrigerator, Washer |
| MLS® # | 1029261 |
| 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.
It is listed at $2,399,000.
A Single Family Residence in SE Cordova Bay, Saanich with 7 bedrooms, 5 bathrooms, 5,000 sqft, built in 2004.
It has 6 parking spaces.
The lot is 82,328.4 sqft (1.89 acres).
Saanich is currently a balanced market: median sold price $1,595,500, 4.6 months of inventory, homes typically selling in about 43 days.
There are 41 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 158 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 8, 2026.
