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1081 Aspen Rd

$5,900,000

Malahat Proper

Detached5 bd · 6 ba · 4,692 sqftBuilt 2012$1,257/sqft153 days on market

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About this home

A rare waterfront offering set on over 5 acres with a private dock, valuable foreshore lease, and deep-water moorage, this private gated estate provides direct access to the calm, protected waters of Finlayson Arm for year-round boating, fishing, kayaking, and coastal exploration. Perfectly positioned above the inlet, the home captures breathtaking ocean, mountain, and rugged West Coast views from one of the most extraordinary vantage points on Vancouver Island. Thoughtfully designed to harmonize with its natural surroundings, this custom-built contemporary residence blends modern luxury with the tranquility of coastal living. Expansive windows and natural materials create an inviting and luminous interior, where the beauty of the outdoors becomes part of everyday living. With over 4,500 sq. ft. of beautifully finished living space, the home features five bedrooms and five bathrooms, along with generous living and entertaining areas that flow seamlessly from one space to the next. Every detail has been considered to offer both comfort and elegance, whether enjoying quiet moments or hosting family and friends. The outdoors are equally impressive. A pool, hot tub, and outdoor shower provide a private resort-like experience, while the expansive grounds offer unparalleled privacy and connection to nature. From the dock, residents can enjoy direct water access for boating, kayaking, or fishing, while taking in the dramatic coastal scenery and abundant wildlife. This waterfront sanctuary combines privacy, luxury, and natural beauty in a setting that is both exclusive and serene. With over five acres of land, a thoughtfully designed home, and rare waterfront amenities, it offers an exceptional West Coast lifestyle, just minutes from nearby communities while feeling a world apart. An unparalleled opportunity to own one of Vancouver Island’s most extraordinary coastal estates. (id:65179)

Property details

From the listing's public record.

Lot size

5.78 acres

Year built

2012

Taxes

$7,033/yr

Zoning

Residential

View

Mountain viewOcean view

Waterfront

Waterfront on ocean

Appliances

WasherRefrigeratorHot TubDishwasherStoveDryer

Heating

Heat PumpPropane

Cooling

Air Conditioned

Lot

AcreageCul-de-sacPark settingPrivate settingWooded areaMoorage

Price history

8 records

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

  1. Mar 18, 2026

    Listed $5,900,000

    Active153 days on marketMLS 1028948
  2. Nov 2, 2016

    Listed $2,899,000

    Cancelled365 days on marketMLS 745595
  3. Nov 1, 2016

    Listed $2,899,000

    Expired365 days on marketMLS 746493
  4. May 17, 2016

    Listed $2,899,000

    Cancelled168 days on marketMLS 731689
  5. May 15, 2016

    Listed $2,899,000

    Expired170 days on marketMLS 737321
  6. Sep 5, 2014

    Listed $2,550,000

    Expired466 days on marketMLS 682152
  7. Apr 28, 2014

    Listed $2,550,000

    Expired122 days on marketMLS 669418
  8. Apr 28, 2014

    Listed $2,550,000

    Expired122 days on marketMLS 670425

How this listing compares

Based on 253 sales in Malahat & Area

Median sold

$1,051,000

Avg days on market

53 days

Avg sale-to-list

97.2%

Avg $/sqft

$418

Price per square foot

This home: $1,257/sqftArea average: $418/sqft

Above area average

Current market in Malahat & Area

Active (same type)

69

Pending

30

All active listings

141

Months of supply

3.3

Seller's market3.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,063,000

Land

$923,000

Improvements

$1,140,000

Homes in Malahat & Area sell at 111.6% of assessed value on average.

Based on 233 recent sales.

Local price trend

How Malahat Proper has moved over the last decade.

5378102Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 72 Marine Dr

    $840,000

    2 bd · 2 ba · 2,639 sqft · $318/sqft · 42 days on market

    Sold Aug 17, 2026 · 97.8% of list

  • 2468 Arken Terr

    $1,290,000

    3 bd · 3 ba · 2,487 sqft · $519/sqft · 19 days on market

    Sold Aug 17, 2026 · 99.6% of list

  • 2550 Seaview Rd

    $1,475,000

    4 bd · 3 ba · 4,546 sqft · $324/sqft · 8 days on market

    Sold Aug 17, 2026 · 98.4% of list

  • 1717 Arbutus Terr

    $1,655,300

    5 bd · 4 ba · 6,010 sqft · $275/sqft · 68 days on market

    Sold Aug 14, 2026 · 97.4% of list

  • 2554 Stubbs Rd

    $1,276,000

    4 bd · 3 ba · 2,892 sqft · $441/sqft · 14 days on market

    Sold Aug 14, 2026 · 98.2% of list

  • 846 Aros Rd

    $1,398,000

    6 bd · 3 ba · 3,790 sqft · $369/sqft · 40 days on market

    Sold Aug 13, 2026 · 94.8% of list

  • 2619 Warmland Pl

    $1,475,000

    4 bd · 3 ba · 4,048 sqft · $364/sqft · 84 days on market

    Sold Aug 13, 2026 · 99.3% of list

  • 4133 Rocky Mountain Rd

    $1,140,000

    4 bd · 2 ba · 2,700 sqft · $422/sqft · 194 days on market

    Sold Aug 13, 2026 · 96.6% of list

  • 896 Chapman Rd

    $1,200,000

    4 bd · 4 ba · 3,745 sqft · $320/sqft · 66 days on market

    Sold Aug 13, 2026 · 96.1% of list

  • 3352 Ridgeview Cres

    $1,025,000

    4 bd · 3 ba · 4,122 sqft · $249/sqft · 27 days on market

    Sold Aug 13, 2026 · 97.6% of list

  • 488 Seaview Way

    $1,070,000

    3 bd · 2 ba · 2,772 sqft · $386/sqft · 105 days on market

    Sold Aug 11, 2026 · 95.1% of list

  • 943 Deloume Rd

    $1,020,000

    3 bd · 2 ba · 1,684 sqft · $606/sqft · 20 days on market

    Sold Aug 10, 2026 · 98.1% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$5,900,000 − $1,180,000

$4,720,000

Down payment

20.0%

$1,180,000

Property Transfer Tax

$213,000

Legal / closing (est.)

$1,500

Cash to close

$1,394,500

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

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