2840 Oceanside Lane
$1,425,000
Mill Bay
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About this home
Enjoy ocean views from this beautifully updated 2,488 sq. ft. home on a private 1.98 acre property in desirable Mill Bay. This east-facing home features a renovated kitchen with quartz countertops, a spacious primary bedroom & laundry on the main floor, built-in speakers, & a cozy recently updated fireplace. Recent updates include new vinyl decking (2025), vinyl windows a new garage door, & new carpeting on the main level. The lower level offers excellent flexibility with plumbing already in place for a kitchen, making it ideal for a future suite or spacious flex room. Outside, enjoy a meticulously maintained yard, RV parking, & nearby ocean access. Conveniently located within walking distance of Mill Bay amenities, Brentwood College, Bonner and Kelsey schools & Kerry Park Recreation.Mill Bay Marina provides easy access to the Southern Gulf Islands for boating, kayaking, fishing, & prawning. Just 25 minutes to Victoria this property offers the perfect blend of privacy, views, and convenience. (id:65179)
Property details
From the listing's public record.
Lot size
1.97 acres
Year built
1992
Taxes
$5,568/yr
Zoning
Residential
View
Appliances
Heating
Lot
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 27, 2026
Listed $1,425,000
Active14 days on marketMLS 1044271Feb 27, 2002
$237,000
Sold168 days on marketMLS 267132
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Mill Bay
Active (same type)
5
Pending
0
All active listings
6
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$1,066,000
Local price trend
How Mill Bay has moved over the last decade.
Local price index (normalized) · 119 months
What would this home cost?
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Estimate
Monthly mortgage
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Loan amount
$1,425,000 − $285,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$313,000
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Pemberton Holmes Ltd. (Cow Vall)