Bought with Josh Ray Newport Realty Ltd.
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Key Details
Sold Price $3,005,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,233 sqft
Price per Sqft $929
MLS Listing ID 1000107
Sold Date 06/25/25
Style Main Level Entry with Lower/Upper Lvl(s)
Bedrooms 4
Three Quarter Bath 2
HOA Y/N No
Year Built 1974
Annual Tax Amount $8,674
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Single Family Residence
Property Description
A rare lakefront reinvention; 5041 Prospect Lake is not just rebuilt, it's reborn. Set beside a protected park on the quiet end of Prospect Lake, this fully transformed 3,233 sq.ft. home offers complete privacy, curated design, and direct water access with a new mobile dock. Nearly $1M in upgrades since 2016 include a custom kitchen with quartz counters, vaulted ceilings, sculptural staircase, stone fireplace, and extensive built-ins. The 4-bed, 4-bath layout features a high-end in-law suite with heated tile floors and private entry. Major updates: new roof, windows and doors, ducted heat pump, automatic gas generator, and full electrical and plumbing upgrades. Outdoor living includes cedar and glass decks, remote awnings, lakefront fencing, greenhouse, and lush gardens. Just 20 minutes from downtown Victoria but surrounded by quiet nature, local farms, and wineries - this is a turnkey lakeside retreat with timeless west coast design on one of the region's most coveted motorized lakes.
Location
Province BC
County Capital Regional District
Community Sw Prospect Lake
Area Saanich West
Rooms
Kitchen 2
Interior
Interior Features Closet Organizer, Dining Room, Eating Area, Vaulted Ceiling(s)
Heating Forced Air, Wood
Cooling Air Conditioning
Flooring Hardwood, Laminate, Tile
Fireplaces Number 1
Fireplaces Type Living Room, Wood Burning
Equipment Central Vacuum, Propane Tank
Fireplace Yes
Window Features Aluminum Frames,Skylight(s),Vinyl Frames
Appliance Built-In Range, Dishwasher, Dryer, F/S/W/D, Microwave, Oven Built-In, Oven/Range Electric, Range Hood, Washer
Laundry In House
Exterior
Exterior Feature Awning(s), Balcony/Deck, Balcony/Patio, Fencing: Full, Garden, Security System, Water Feature
Parking Features Carport Double, Detached, Driveway
Garage Spaces 4.0
Waterfront Description Lake Front
View Y/N true
View Lake
Roof Type Asphalt Shingle,Metal
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot, Dock/Moorage, Irrigation Sprinkler(s), Landscaped, Park Setting, Quiet Area, Rectangular Lot, Walk on Waterfront
Foundation Concrete Perimeter
Sewer Septic System
Water Municipal
Architectural Style West Coast
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Resale
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