2898 Glenwood Ave, Saanich
SW Portage Inlet · Single Family Residence · MLS® 1029423 · Listed Mar 19, 2026
A rare opportunity to secure an exceptional waterfront estate on the shores of Portage Inlet. Set on close to a ½ acre with breathtaking 270° water views, this private, sun-drenched property offers a truly serene coastal lifestyle just minutes from Victoria. Enjoy your own water access and launch a kayak or paddleboard right from your backyard, surrounded by nature and absolute tranquility. The setting is nothing short of spectacular—gently sloping to the water with incredible outlooks from every angle. Whether you choose to reimagine the existing home or build a custom residence, this property provides a world-class canvas. Included are plans for an award-winning design (2018 CARE Award – Best Home Design Concept), thoughtfully created to maximize the views and natural landscape. With a private drive, a bridge, and ample parking, this is a once-in-a-generation opportunity to create a signature waterfront home in an increasingly prestigious enclave.
| Property Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 1,824 sqft |
| Lot Size | 20,038 sqft (0.46 acres) |
| Lot Features | Dock/Moorage |
| Parking | 3 spaces |
| Year Built | 1940 |
| Fireplaces | 1 |
| Heating | Forced Air |
| Basement | Partial |
| Exterior | Frame Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $8,938.37 (2025) |
| MLS® # | 1029423 |
| Brokerage | DFH Real Estate Ltd. |
Similar properties sold within 6 months
Portage Inlet single-family averages, updated daily. See Portage Inlet market stats or Saanich market stats.
It is listed at $1,599,900.
A Single Family Residence in SW Portage Inlet, Saanich with 2 bedrooms, 2 bathrooms, 1,824 sqft, built in 1940.
It has 3 parking spaces.
The lot is 20,038 sqft (0.46 acres).
Saanich is currently a seller's market: median sold price $1,340,000, 0.8 months of inventory, homes typically selling in about 41 days.
The median house sold price in Portage Inlet is $1,340,000, based on 16 sales over the past 12 months. The median price per square foot is $617. Compare asking prices across the houses currently for sale in Portage Inlet.
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 13, 2026.
