1081 Aspen Rd
$5,900,000
Malahat Proper
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
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
Waterfront
Appliances
Heating
Cooling
Parking
Lot
Price history
9 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 19, 2026
Listed $5,900,000
Active41 days on marketMLS 1050285Mar 18, 2026
Listed $5,900,000
Expired184 days on marketMLS 1028948Nov 2, 2016
Listed $2,899,000
Cancelled365 days on marketMLS 745595Nov 1, 2016
Listed $2,899,000
Expired365 days on marketMLS 746493May 17, 2016
Listed $2,899,000
Cancelled168 days on marketMLS 731689May 15, 2016
Listed $2,899,000
Expired170 days on marketMLS 737321Sep 5, 2014
Listed $2,550,000
Expired466 days on marketMLS 682152Apr 28, 2014
Listed $2,550,000
Expired122 days on marketMLS 669418Apr 28, 2014
Listed $2,550,000
Expired122 days on marketMLS 670425
How this listing compares
Based on 259 sales in Malahat & AreaMedian sold
$1,050,000
Avg days on market
54 days
Avg sale-to-list
97%
Avg $/sqft
$395
Price per square foot
Above area average
Current market in Malahat & Area
Active (same type)
51
Pending
2
All active listings
116
Months of supply
2.4
Seller's market — 2.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,063,000
Homes in Malahat & Area sell at 111.9% of assessed value on average.
Based on 218 recent sales.
Local price trend
How Malahat Proper has moved over the last decade.
Local price index (normalized) · 118 months
Recent nearby sales
12 sales3445 Cobble Hill Rd
$1,280,000
6 bd · 4 ba · 4,278 sqft · $299/sqft · 68 days on market
Sold Oct 29, 2026 · 94.9% of list
3325 Telegraph Rd
$1,391,250
4 bd · 3 ba · 4,122 sqft · $338/sqft · 141 days on market
Sold Oct 29, 2026 · 97.3% of list
675 Kilmalu Rd
$835,000
2 bd · 2 ba · 2,464 sqft · $339/sqft · 33 days on market
Sold Oct 29, 2026 · 98.2% of list
3883 Red Baron Rd
$800,000
3 bd · 3 ba · 2,894 sqft · $276/sqft · 59 days on market
Sold Oct 27, 2026 · 94.2% of list
1841 Radway Rd
$950,000
5 bd · 3 ba · 2,534 sqft · $375/sqft · 28 days on market
Sold Oct 23, 2026 · 95% of list
3590 Garland Ave
$680,000
3 bd · 2 ba · 2,882 sqft · $236/sqft · 74 days on market
Sold Oct 22, 2026 · 97.8% of list
1846 Elford Rd
$1,725,000
5 bd · 4 ba · 4,161 sqft · $415/sqft · 118 days on market
Sold Oct 21, 2026 · 95.9% of list
2686 Morningstar Rd
$839,900
4 bd · 3 ba · 2,800 sqft · $300/sqft · 16 days on market
Sold Oct 20, 2026 · 100% of list
1630 Kristin Way
$675,000
3 bd · 2 ba · 1,340 sqft · $504/sqft · 26 days on market
Sold Oct 16, 2026 · 99.4% of list
1629 Kristin Way
$650,000
3 bd · 2 ba · 1,631 sqft · $399/sqft · 30 days on market
Sold Oct 14, 2026 · 100.2% of list
804 Bucktail Rd
$1,030,000
5 bd · 3 ba · 3,856 sqft · $267/sqft · 34 days on market
Sold Oct 8, 2026 · 97.3% of list
3378 Kilipi Rd
$1,236,000
3 bd · 3 ba · 2,226 sqft · $555/sqft · 30 days on market
Sold Oct 7, 2026 · 95.4% of list
What would this home cost?
Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.
Toggle to enter as % or $ — the other field updates automatically.
We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.
Estimate
Monthly mortgage
—
Enter a rate to see the payment.
Loan amount
$5,900,000 − $1,180,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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.
Want a real rate?
Connect with a local mortgage broker for current rates and what you'd actually qualify for.
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Sotheby's International Realty Canada