4077 Balsam Dr
$1,775,000
Cobble Hill
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About this home
WALK ON OCEANFRONT, panoramic Cherry Point Beach ocean views, charming character home on level .68 acre. Owner invested in new triple glaze vinyl thermo windows, fiberglass roof shingles and ductless heatpump creating a cozy interior environment with centrally located woodstove, enjoy through all seasons. Unmatched natural light and ocean views seamlessly connect indoors with spectacular landscape beyond. Stunning sunrises over Satellite Channel, views to Salt Spring, Land's End, Mount Baker. Low bank walk on oceanfront via superb lighted stone terracing with al fresco dining area, propane hookup, and private terrace area for future hot tub. Meander down stone steps through gardens, fruit trees to newly remediated beachfront and find effortless access to salt water swimming, paddle boarding, kayaking, or simply relaxing along the shoreline. Properties of this calibre are extraordinarily rare - a sanctuary, a gathering place, an investment in experiences. (id:65179)
Property details
From the listing's public record.
Lot size
0.68 acres
Year built
1945
Taxes
$8,886/yr
Zoning
Unknown
View
Waterfront
Appliances
Heating
Cooling
Lot
Style
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 18, 2026
Listed $1,775,000
Active2 days on marketMLS 1049675Nov 25, 2021
$1,700,000
Sold21 days on marketMLS 885263Jun 29, 2010
$665,000
Sold54 days on marketMLS 528773
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Cobble Hill
Active (same type)
4
Pending
0
All active listings
9
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$1,707,000
Local price trend
How Cobble Hill 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
$1,775,000 − $355,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$390,000
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?
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Listed by Sutton Group-West Coast Realty (Dunc)