HomeColwoodRoyal BayRoyal Bay Townhouses for Sale
$693,900↓0.9%
was $699,900 · reduced $6,000

#38 – 255 Caspian Dr, Colwood

#38 – 255 Caspian Dr, Colwood

The Coral · Townhouse · MLS® 1050515 · Listed Sep 24, 2026

2
Beds
3
Baths
1,159
Sqft
1,335 sqft
Lot
3
Parking
$323/mo
Strata Fee
2022
Built
Overview

About This Property

One of the best positioned homes in The Coral! Bright & airy 2022 blt townhouse offering thoughtful upgrades, ideal layout, sunlit rooms & a tranquil fenced backyard backing onto greenspace. The open main floor feels wonderfully spacious, with a sunny kitchen featuring engineered stone counters, KitchenAid appliances & flexible dining space. Cozy living room enjoys peaceful green views & an upgraded mosaic-tile electric fireplace. Upstairs, 2 separated BR's provide privacy; the front BR captures mountain views while the serene primary offers a spa-like ensuite w/heated floors & frameless glass shower. Enjoy ocean breezes through front & back windows, plus a fully fenced yard w/patio & grass - perfect for pets & play. Oversized 31.5' garage adds incredible storage or flex-space options. Three dogs or cats are welcome! Located in vibrant Royal Bay near beaches, parks, trails, shops, schools & daily seaside amenities, this home blends comfort, style & an uplifting coastal feel. Act quick!

Property Details

Features & Details

Property TypeTownhouse
Bedrooms2
Bathrooms3
Interior1,159 sqft
Lot Size1,335 sqft (0.03 acres)
Lot FeaturesCleared, Easy Access, Irrigation Sprinkler(s), Landscaped, Level, Near Golf Course, No Through Road, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
Parking3 spaces (1 garage)
Year Built2022
Fireplaces1
HeatingForced Air, Natural Gas, Radiant Floor
BasementNone
ExteriorCement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls
RoofFibreglass Shingle
FoundationConcrete Perimeter
FlooringCarpet, Mixed, Tile, Vinyl
WaterMunicipal
SewerSewer Connected
ZoningResidential
Taxes$3,587.44 (2026)
Strata Fee$323/mo
PetsAquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit
Building Stories3
Parking TypeAttached, Driveway, Garage, Guest, On Street
LaundryIn Unit
AmenitiesCommon Area, Playground, Private Drive/Road, Street Lighting
Strata Fee IncludesWater
ExtrasDishwasher, Dryer, Microwave, Oven/Range Gas, Range Hood, Refrigerator, Washer
MLS® #1050515
BrokeragePemberton Holmes Ltd.
Location

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Public record · MLS® record

Property History

For sale now at $693,900.

Price reducedMLS®
Oct 18, 2026 · day 24
$693,900
−$6,000
$699,900
Listed (Active)MLS®
Sep 24, 2026 · 28 days on market
Down $6,000 from the first list price of $699,900
$699,900

No registered sales on file yet.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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sold comparables

See what comparable homes near #38 – 255 Caspian Dr, Colwood actually sold for.

91 sales in Colwood 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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The local market right now

colwood · townhome
Buyer’s market
$781,614
Median sold
6.4
Months of supply
22
Avg days to sell

Colwood townhome averages, updated daily. See Colwood market stats or full dashboard.

Questions about this property

How much is #38 – 255 Caspian Dr, Colwood listed for?

It is listed at $693,900.

What kind of home is #38 – 255 Caspian Dr, Colwood?

A Townhouse in The Coral, Colwood with 2 bedrooms, 3 bathrooms, 1,159 sqft, built in 2022.

Does #38 – 255 Caspian Dr, Colwood have parking?

It has 2 parking spaces (Attached, Driveway, Garage, Guest, On Street).

Does #38 – 255 Caspian Dr, Colwood have in-suite laundry?

Yes. Laundry is in the unit.

How big is the lot at #38 – 255 Caspian Dr, Colwood?

The lot is 1,335 sqft (0.03 acres).

Did the price of #38 – 255 Caspian Dr, Colwood change?

#38 – 255 Caspian Dr, Colwood was originally listed at $699,900, then reduced to $693,900 (0.9% reduction).

What is the Colwood real estate market like now?

Colwood is currently a buyer's market: median sold price $781,614, 6.4 months of inventory, homes typically selling in about 22 days.

What other townhomes are for sale in Colwood?

There are 36 townhomes for sale in Colwood right now. Browse all Colwood townhomes for sale to see current listings, updated daily from the MLS® system.

How much do townhomes cost in Colwood?

The median townhome sold price in Colwood is $781,614, based on 91 sales over the past 12 months. The median price per square foot is $418. Compare asking prices across the townhomes currently for sale in Colwood.

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VREB · Victoria Real Estate Board

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 22, 2026.

Parcel: LTSA ParcelMap BC (OGL-BC) · Streets: BC Road Atlas · © Mapbox © OSM ⓘ
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