4573 Prospect Lake Rd, Saanich
Prospect Lake · Single Family Residence · MLS® 1038890 · Listed Jun 1, 2026
A private 17-acre West Coast lodge estate in Prospect Lake, just 20 minutes from downtown Victoria. Bella Farm is a once-in-a-generation offering blending timeless architecture with exceptional privacy, beauty, and flexibility. The 5,000+ sq ft residence is thoughtfully designed for multigenerational living, functioning as a gracious single home or adaptable into multiple private living areas for family, guests, or evolving lifestyle needs. Zoned A2 (Rural Residential – Two Dwelling), the property permits a second full-size residence, offering rare long-term value and legacy potential. The grounds feature established gardens, orchards, terraced landscapes, and irrigation supporting a self-sustaining lifestyle. Detached studio buildings add versatility for creative, wellness, or professional use. Bella Farm may be offered fully furnished for an effortless transition. Additional information is available under the property’s established name.
| Property Type | Single Family Residence |
| Bedrooms | 6 |
| Bathrooms | 7 |
| Interior | 5,422 sqft |
| Lot Size | 742,698 sqft (17.05 acres) |
| Lot Features | Acreage, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Irrigation Sprinkler(s), Landscaped, Park Setting, Private, Quiet Area, Rural Setting, Southern Exposure, In Wooded Area, Wooded |
| Parking | 10 spaces |
| Year Built | 1976 |
| Fireplaces | 4 |
| Heating | Baseboard, Electric, Propane, Wood, Mixed |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Hardwood, Mixed, Tile, Wood |
| Water | Well: Drilled |
| Sewer | Septic System |
| Zoning | Rural Residential |
| Taxes | $20,446 (2025) |
| Extras | Built-In Range, Dishwasher, Dryer, Microwave, Oven/Range Electric, Oven/Range Gas, Range Hood, Refrigerator, Washer |
| MLS® # | 1038890 |
| Brokerage | The Agency |
30 homes sold in Prospect Lake in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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30 homes sold in Prospect Lake in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
free account · one email · no obligation · already a member? log in
Similar properties sold within 6 months
30 sales in Prospect Lake in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
30 sales in Prospect Lake in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Prospect Lake single-family averages, updated daily. See Prospect Lake market stats or Saanich market stats.
It is listed at $3,995,000.
A Single Family Residence in SW Prospect Lake, Saanich with 6 bedrooms, 7 bathrooms, 5,422 sqft, built in 1976.
It has 10 parking spaces (Driveway, RV Access/Parking).
The lot is 742,698 sqft (17.05 acres).
4573 Prospect Lake Rd, Saanich was originally listed at $4,390,000, then reduced to $3,995,000 (9.0% reduction).
Saanich is currently a balanced market: median sold price $1,891,250, 4 months of inventory, homes typically selling in about 46 days.
There are 4 houses for sale in Prospect Lake right now. Browse all Prospect Lake houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Prospect Lake is $1,891,250, based on 30 sales over the past 12 months. The median price per square foot is $664. Compare asking prices across the houses currently for sale in Prospect Lake.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 24, 2026.
