Welcome to Cordova Bay

The neighbourhood of Cordova Bay neatly sandwiched between several bodies of water, namely Elk Lake and Beaver Lake to the west and the namesake, Cordova Bay, bay to the east. Houses for sale here are just within walking distance from beautiful beaches and scenic drives of the community, along with some of the finest examples of luxury homes on the market in Victoria. Cordova Bay faces east for incredible sunrises and has great access to the airport and two golf courses. There are also several properties with heritage significance, especially along Cordova Bay Road, which neatly hugs the eastern coast of the peninsula. Residents living in Cordova Bay enjoy the peace and quiet of the area with just as much access to exciting recreation by the water.

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LOT B 5070 Catalina Terr
SE Cordova Bay Saanich V8Y 2A5

$999,999
Residential beds: 0 baths: 0.0

View of yard
Photo 1: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 2: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 3: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 4: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 5: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 6: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 7: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 8: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 9: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 10: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 11: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Photo 12: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
Status:
Active
Prop. Type:
Residential
MLS® Num:
997535
Discover a rare opportunity to build your custom home in Cordova Bay, one of Vancouver Island’s most desirable neighborhoods. Nestled at the end of a quiet cul-de-sac and surrounded by mature trees are two exceptional building lots—each over 10,000 sq ft—that offer privacy, prestige, and ocean views. Zoned RS-12, the properties provide ample space to design and construct a luxurious home tailored to your vision. A Development Variance Permit has been approved, allowing for two separate single-family dwellings with street-level entries and walk-out lower floors. Preliminary building plans are available to streamline your path to development. Prospective buyers are encouraged to verify entitlements with the District of Saanich. Bonus: Potential for small-scale multi-unit housing under new Saanich bylaw (buyer to verify). Don’t miss this exclusive opportunity to secure a foothold in Cordova Bay. Contact us today to learn more and begin envisioning your coastal luxury lifestyle.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Cordova Bay, Saanich East
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
10,247 sq. ft.
Kitchens:
0
Taxes:
Electricity:
Yes
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Heating:
Heat Pump
Fireplace:
No
Pending Date:
Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Land Value Only
Utilities:
Cable Available, Electricity Available, Phone Available
Exposure / Faces:
South
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Hillside, Irregular Lot, Near Golf Course, Sloped
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
May 02, 2025
Original Price:
999999.0
  • Photo 1: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of yard
  • Photo 2: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    Drone / aerial view with a wooded view
  • Photo 3: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of yard
  • Photo 4: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of yard
  • Photo 5: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    Drone / aerial view with a water view and a forest view
  • Photo 6: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    Photo 6 of 12
  • Photo 7: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    Back of property with stairs, stucco siding, and a balcony
  • Photo 8: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    Photo 8 of 12
  • Photo 9: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of community featuring view of golf course
  • Photo 10: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of home's community featuring fence and a wooden deck
  • Photo 11: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of home's community featuring golf course view and a yard
  • Photo 12: LOT B 5070 Catalina Terr in Saanich: SE Cordova Bay Land for sale (Saanich East) : MLS®# 997535
    View of community
Larger map options:
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Listed by Pemberton Holmes Ltd.
Data was last updated May 6, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
90
Avg list price:
$1,587,000
Min list price:
$399,999
Max list price:
$6,800,000
Avg days on market:
46
Min days on market:
3
Max days on market:
783
Avg price per sq.ft.:
$713.5
These statistics are generated based on the current listing's property type and located in SE Cordova Bay. Average values are derived using median calculations.
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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.
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