
118 Gibraltar Bay Dr
$1,465,000
View Royal
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About this home
Welcome to this must-see 3-bedroom, 3-bathroom home, ideally positioned at the high point of a serene waterside subdivision and surrounded by a peaceful park-like setting. Offering exceptional craftsmanship, privacy, and inspiring views, this meticulously maintained residence embodies comfortable West Coast living and is an ideal home for a growing family or those seeking a serene lifestyle. Located in a quiet, well-established neighbourhood with long-term pride of ownership throughout, this is a community where neighbours stay for years and a true sense of tranquility remains. Step inside to a bright open-concept layout filled with natural light, gleaming maple floors, and spacious living areas that create a warm and inviting atmosphere for both everyday living and entertaining. The upper backyard terrace provides the perfect setting for additional entertaining, relaxing in the sun, or simply taking in the beautiful surrounding views. Enjoy the tranquility of nature just steps from your door, including a nearby ocean-view lookout — the perfect place to savour your morning coffee, enhanced by the home’s reverse osmosis water filtration system. Outdoor enthusiasts will appreciate direct access to the nearby E&N Rail Trail and Galloping Goose Regional Trail, offering endless opportunities for walking, cycling, and recreation. You’re also just minutes from Thetis Lake Regional Park with scenic hiking trails, swimming, and year-round outdoor adventure, all while remaining conveniently close to the many amenities and attractions of Victoria. A rare opportunity to experience the perfect balance of lifestyle, location, comfort, and natural beauty. (id:65179)
Property details
From the listing's public record.
Lot size
5,942 square feet
Year built
2004
Taxes
$5,216/yr
Strata / HOA
$130/month
Zoning
Residential
View
Appliances
Heating
Lot
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
May 19, 2026
Listed $1,465,000
Active41 days on marketMLS 1036370Jan 15, 2007
$635,000
Sold75 days on marketMLS 410438
How this listing compares
Based on 33 sales in View RoyalMedian sold
$505,000
Avg days on market
52 days
Avg sale-to-list
98.9%
Avg $/sqft
$662
Price per square foot
Below area average
Current market in View Royal
Active (same type)
25
Pending
6
All active listings
44
Months of supply
9.1
Buyer's market — 9.1 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,346,000
Land
$742,000
Improvements
$604,000
Homes in View Royal sell at 98.7% of assessed value on average.
Based on 64 recent sales.
Local price trend
How View Royal has moved over the last decade.
Local price index (normalized) · 73 months
Recent nearby sales
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$559,900
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Sold Apr 15, 2026 · 100% of list
116-167 Island Hwy
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2 bd · 2 ba · 1,113 sqft · $674/sqft · 45 days on market
Sold Apr 14, 2026 · 100% of list
207-258 Helmcken Rd
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Sold Mar 24, 2026 · 100% of list
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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.