Waterfront living overlooking Esquimalt Lagoon and the Olympic Mountains
Colwood

Lagoon is a waterfront pocket of Colwood overlooking Esquimalt Lagoon and the Olympic Mountains across the strait. Lagoon real estate includes a mix of mid-century bungalows, custom waterfront builds, and a handful of newer infill homes. The migratory bird sanctuary, Coburg Peninsula causeway, and easy access to Fisgard Lighthouse and Royal Roads University define the setting in Colwood. There are 1 homes for sale at a median of $1.28M. Detached homes move in 43 days, with prices — year-over-year. Browse every Lagoon listing below with sold data and live market stats. Explore the live Lagoon market dashboard for 24-month price trends, inventory and days-on-market.
Homes in Lagoon trade at a median of $526 per square foot. By property type, Lagoon sees single-family homes around $1.28M, condos around $709K. Recently, 10% of sales closed above the asking price, with homes averaging 48 days on market. Sale prices have been running near 108% of BC Assessment value. Sales activity tends to peak around October and is quietest around December, a useful signal for timing a purchase or sale.
Browse current properties for sale in this municipality
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.
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.
3 for sale
median $709K