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5200 Polson Terr, Saanich
Cordova Bay · Single Family Residence · MLS® 1049221 · Listed Sep 10, 2026
Breath taking Ocean Views!! Welcome to the crown jewel of Cordova Bay…where timeless European elegance meets the stunning natural beauty of Vancouver Island. For the first time, this cherished family estate is being offered to the market. Lovingly built & maintained by its original Italian owners, every corner of this home radiates pride, craftsmanship and care. Wake up each morning to unobstructed views of Mt. Baker & Haro Strait, stretching endlessly from your full-length, east-facing balconies. Inside, nearly 3,000 sqft of classic design invites you to gather around cozy fireplaces, entertain in elegant spaces & create your own legacy within these walls. Outside, over 1,000 sqft of patios, koi ponds and lush landscaping create a tranquil, resort-like retreat—set atop a peaceful hill that offers unmatched serenity & privacy. This isn’t just a home. It’s a rare opportunity to own a piece of Cordova Bay’s soul—gracefully elevated & rich with story.
| Property Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Interior | 2,895 sqft |
| Lot Size | 13,950 sqft (0.32 acres) |
| Lot Features | Cul-De-Sac, Landscaped, No Through Road, Private, Quiet Area |
| Parking | 6 spaces (2 garage) |
| Year Built | 1987 |
| Fireplaces | 2 |
| Heating | Baseboard, Electric |
| Basement | Finished, Full, Walk-Out Access, With Windows, None |
| Exterior | Frame Wood, Stone, Stucco, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Basement Slab, Carpet, Hardwood, Mixed, Tile |
| Water | Municipal |
| Sewer | Sewer Connected, Sewer To Lot |
| Zoning | Residential |
| Taxes | $8,308.39 (2026) |
| Laundry | In House, In Unit |
| Extras | Dishwasher, Dryer, F/S/W/D, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer |
| MLS® # | 1049221 |
| Brokerage | eXp Realty |
For sale now at $1,795,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
90 sales in Cordova Bay 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.
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90 sales in Cordova Bay 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
Cordova Bay single-family averages, updated daily. See Cordova Bay market stats or Saanich market stats.
It is listed at $1,795,000.
A Single Family Residence in SE Cordova Bay, Saanich with 5 bedrooms, 4 bathrooms, 2,895 sqft, built in 1987.
It has 4 parking spaces (Attached, Driveway, Garage Double, On Street).
The lot is 13,950 sqft (0.32 acres).
Saanich is currently a seller's market: median sold price $1,575,000, 2.4 months of inventory, homes typically selling in about 43 days.
There are 25 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 $1,575,000, based on 90 sales over the past 12 months. The median price per square foot is $643. Compare asking prices across the houses currently for sale in Cordova Bay.
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: Oct 31, 2026.
