Victoria Real Estate
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721 Country Club Dr

$1,199,900

Cobble Hill

Condo3 bd · 3 ba · 2,777 sqftBuilt 2006$432/sqft15 days on market

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About this home

Welcome to exceptional golf course living in sought-after Arbutus Ridge on Vancouver Island. This custom-built, 2,777 sq. ft. main-level-entry home overlooks the 18th fairway, with stunning golf course, valley, & Salt Spring Island views. The bright main level features 10ft ceilings, expansive windows, a three-sided gas fireplace, engineered oak flooring, an updated kitchen with quartz countertops & soft-close cabinetry. An updated heat pump with air conditioning ensures year-round comfort. The spacious primary suite offers heated ensuite floors, steam shower, soaker tub, & walk-in closet with laundry chute. The walkout basement features 10ft ceilings, bedroom, den, family room with gas fireplace, laundry room, & nearly 1,000 sq.ft. of unfinished space for storage or future development. Enjoy Arbutus Ridge's gated lifestyle with 40+ clubs & activities, golf, pickleball, hiking, gym, pool, hot tub, & welcoming community Gathering Place. Golf, dining, driving range are just steps away! (id:65179)

Property details

From the listing's public record.

Lot size

5,823 square feet

Year built

2006

Taxes

$6,095/yr

Strata / HOA

$510/month

Zoning

Residential

View

Mountain viewValley view

Heating

Heat PumpBaseboard heatersElectric

Cooling

Air Conditioned

Parking

Attached GarageGarage

Lot

Golf course/parklandMoorageGated community

Community

Pets AllowedAge Restrictions

Price history

6 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 15, 2026

    Listed $1,199,900

    Active15 days on marketMLS 1052125
  2. Apr 13, 2026

    Listed $1,199,900

    Ddf_delisted184 days on marketMLS 1030302
  3. Apr 13, 2026

    Listed $1,199,900

    Expired183 days on marketMLS 1030302
  4. Jan 12, 2022

    $1,150,000

    Sold4 days on marketMLS 890618
  5. Sep 4, 2015

    $605,000

    Sold87 days on marketMLS 689110
  6. Jul 29, 2014

    Listed $650,000

    Expired94 days on marketMLS 679104

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Cobble Hill

Active (same type)

5

Pending

0

All active listings

7

Months of supply

—

Assessment

From publicly available property records.

Assessed value

$1,139,000

What would this home cost?

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Monthly mortgage

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Loan amount

$1,199,900 − $239,980

$959,920

Down payment

20.0%

$239,980

Property Transfer Tax

$21,998

Legal / closing (est.)

$1,500

Cash to close

$263,478

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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More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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