4921 Prospect Ave, Saanich
SW Prospect Lake · Single Family Residence · MLS® 1039405 · Listed Jun 4, 2026
Welcome to life on beautiful Prospect Lake. Set on 130' of prized low-bank waterfront w/ rare East-South exposure, this beautifully refreshed 4BD/3BA lakefront home offers the perfect blend of timeless charm & modern comfort. Thoughtfully updated t/o, incl. a brand new environmental wastewater septic system, this move-in ready retreat is designed for effortless lakeside living. Expansive windows capture breathtaking lake views from nearly every room, filling the home w/ natural light. Outside, enjoy a sandy beach, lush level lawn to the water's edge, private dock, charming lakeside cabana, dedicated kayak storage, sprawling deck & covered porch—ideal for swimming, paddling, entertaining or simply relaxing. Peaceful, private & surrounded by nature, yet only 20 mins to downtown Victoria, this is a rare opportunity to own a completely refreshed waterfront home in one of Greater Victoria's most sought-after lakefront communities.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Interior | 1,950 sqft |
| Lot Size | 16,379 sqft (0.38 acres) |
| Lot Features | Central Location, Cul-De-Sac, Dock/Moorage, Landscaped, Near Golf Course, Private, Quiet Area, Wooded |
| Parking | 5 spaces |
| Year Built | 1930 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Propane |
| Basement | Other |
| Exterior | Frame Wood, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Tile, Wood |
| Water | Municipal |
| Sewer | Septic System |
| Zoning | Residential |
| Taxes | $11,208.99 (2025) |
| Extras | Built-In Range, Dishwasher, Dryer, Hot Tub, Microwave, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1039405 |
| Brokerage | RE/MAX Sabre Realty Group |
Similar properties sold within 6 months
Prospect Lake single-family averages, updated daily. See Prospect Lake market stats or Saanich market stats.
It is listed at $2,849,000.
A Single Family Residence in SW Prospect Lake, Saanich with 4 bedrooms, 3 bathrooms, 1,950 sqft, built in 1930.
It has 5 parking spaces.
The lot is 16,379 sqft (0.38 acres).
Saanich is currently a balanced market: median sold price $2,020,000, 4.5 months of inventory, homes typically selling in about 48 days.
There are 6 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 $2,020,000, based on 24 sales over the past 12 months. The median price per square foot is $662. Compare asking prices across the houses currently for sale in Prospect Lake.
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.
