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Nestled in Victoria's beautiful Cordova Bay, 5173 Cordova Bay Road offers coastal tranquility, stunning ocean views and exceptional future potential. Set on a rare double-frontage, quarter-acre lot, this lovingly maintained 4 bed(+office)/3.5 bath home captures panoramic water views from multiple rooms, especially the primary bedroom with its private second-floor balcony. Enjoy an unbeatable location just steps from Agate Park and Cordova Bay Beach, with no stairways to the shoreline. Superb walkability; the church and preschool are across the road, The Haro complex is five minutes, Cordova Bay School and the 55+ Association are ten minutes, and Mattick's Farm golf/shops/dining are within 15 minutes. The home's generous patio is perfect for entertaining, while the lush yard features an apple tree, a plum tree, three cherry trees and productive garden beds that yield over 200 lbs of tomatoes annually. A newer unregistered basement suite provides additional income potential and privacy, with its own entrance, electrical meter, washer/dryer and access to a south-facing garden. The spacious RV pad offers a 30-amp hookup, sewer clean-out and access to a solar battery bank in the storage shed. With the principle of self-reliance, there is a generator hookup, multiple heating options, durable updates and the flexibility of secondary income. Municipal improvements include a green corridor from Agate Park to Elk Lake, and sidewalks and bike lanes to Mattick's Farm. Saanich Planning has provided positive preliminary feedback regarding potential redevelopment into six townhouses under the Official Community Plan (OCP), subject to required approvals. Whether you're drawn to the ocean views, walkable lifestyle, flourishing gardens, income opportunity or long-term possibilities, this inviting coastal haven is a rare find.
Address
5173 Cordova Bay Rd
List Price
$2,950,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Cordova Bay
Bedrooms
4
Bathrooms
4
Floor Area
2,996 Sq. Ft.
Lot Size
11160 Sq. Ft.
Lot Size (Acres)
0.26 Ac.
Year Built
1988
MLS® Number
1053946
Listing Brokerage
Easy List Realty
Basement Area
Crawl Space
Postal Code
V8Y 2K7
Tax Amount
$7,807.00
Tax Year
2026
Features
Bar, Baseboard, Blinds, Carpet, Ceiling Fan(s), Central Vacuum, Dining/Living Combo, Dishwasher, Dryer, Electric Garage Door Opener, Hardwood, Hot Tub, Laminate, Natural Gas, Oven/Range Electric, Radiant Floor, Refrigerator, Satellite Dish, Security System, Skylight(s), Washer, Wood
Amenities
Balcony/Deck, Central Location, Easy Access, Family-Oriented Neighbourhood, Fencing: Full, Garden, Greenhouse, Landscaped, Low Maintenance Yard, Recreation Nearby, Rectangular Lot, Security System, Shopping Nearby, Sloped, Storage Shed