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Renanza Realty
For sale

4592 Bonnieview Pl

Saanich, British Columbia

MLS® 1041600

$2,799,000

Status
Active
Property type
House
MLS® number
1041600
Bedrooms
4
Bathrooms
3
Year built
1959

Listing description

Rare 1. 12-Acre Oceanfront Development Opportunity in Prestigious Gordon Head. An exceptional chance to secure one of Victoria’s most desirable high-bank waterfront properties.

Tucked away at the end of a quiet cul-de-sac, this remarkable 48. 814 sq ft oceanfront parcel offers sweeping, unobstructed views across the Haro Strait to the San Juan Islands and the snow-capped peaks of Mt. Baker, where the light changes constantly over ocean, islands, and sky.

The existing residence is livable but is being offered primarily for land value, presenting a rare opportunity to reimagine and create a truly extraordinary coastal estate. The generous site provides excellent flexibility for a custom-designed luxury home oriented to maximize the dramatic ocean vistas, with potential for expansive outdoor living areas, terraced gardens, and a garden suite or secondary accommodation, subject to municipal approval. Current zoning may also suggest subdivision potential, offering additional long-term upside for investors and future planning (buyer to verify all redevelopment possibilities).

This is a property defined by vision, patience, and possibility—a place where one can thoughtfully design and build a dream residence that becomes a true legacy home for generations to come. Morning light rises over the water, evenings fade into silhouettes of the San Juans, and every season brings a new expression of coastal beauty. Located just minutes from UVic, Mount Douglas Park, beaches, top schools, and everyday amenities, it offers an exceptional balance of privacy, nature, and convenience near the heart of Gordon Head.

Opportunities of this calibre in such a tightly held waterfront enclave are exceedingly rare. A true legacy property where time slows, views expand, and potential is limited only by imagination. Bring your architect and create something remarkable.

Property summary

MLS® number
1041600
Property type
Single Family
Building type
House
Square footage
2,235 sq ft
Title
Freehold
Land size
1.12 acres
Built in
1959
Annual property taxes
$10,805.05
Parking
2 spaces
Days on market
81 days

Features & details

Heating
Baseboard heaters, Oil, Electric
Cooling
None
Lot features
Cul-de-sac, Irregular lot size
View
Mountain view
Waterfront
Waterfront on ocean

What would this home cost you?

Based on the $2,799,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$13,023 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Fair Realty, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.