1381 Carlton Dr
$3,449,900
Cobble Hill
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About this home
A rare West Coast escape on 37 private acres in Cobble Hill — one of Vancouver Island's most pristine rural settings. Thoughtfully designed w/ cedar exterior, metal roof, 8' windows and doors w/ transom windows, and vaulted cedar beam ceilings, this 5,409 sq ft custom estate is as beautiful as it is functional. Foreign buyer ban exempt and within easy reach of Victoria. The main home delivers 6 beds and 4 baths w/ cherrywood floors throughout, 8' interior wood and glass doors, recessed and pendant lighting, and spacious rooms designed for family gatherings. The living room features a floor-to-ceiling stone wall w/ wood-burning fireplace and slate hearth. The kitchen is anchored by a commercial-grade stove w/ cabinetry, glass-panel uppers, and a walk-in pantry. A sunroom and dining room w/ vaulted ceilings and French doors open to a large concrete patio. Five beds on the upper level include a primary suite w/ ensuite and walk-in closet. The lower level offers full 8' ceilings, a workout room, storage, garage w/ lean-to shed, and a 1-bed in-law suite w/ laundry. A front porch frames the entry — exactly what you want to find in a West Coast home. Three separate living quarters beyond the main home provide outstanding income or multi-generational potential: a new loft studio suite, a detached income-earning cottage w/ storage shed, and the lower-level suite. The 2,400 sq ft workshop w/ 18' ceilings, extra-tall doors, loft rec room, and EV charger adds serious utility. Outside: above-ground pool and deck, hot tub, 3 ponds, new greenhouse, chicken coop, fruit orchard, 25 raised garden beds, barn, and 25 acres of timber on fenced, gated land backing onto 100+ acres of ALR and green space. Drilled well at 400', new engineered septic, two 200-amp services, geothermal radiant floor heat, central air. A true lifestyle estate. View brochure for more details or call listing agents directly Christian 778-678-3098. (id:65179)
Property details
From the listing's public record.
Lot size
37.06 acres
Year built
2011
Taxes
$4,317/yr
Zoning
Agricultural
Appliances
Heating
Lot
Style
Price history
8 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 19, 2026
Listed $3,449,900
Active32 days on marketMLS 1040821May 29, 2026
Listed $3,549,900
Ddf_delisted20 days on marketMLS 1037196Feb 19, 2026
Listed $3,600,000
Cancelled81 days on marketMLS 1026026May 13, 2025
Listed $3,999,999
Expired92 days on marketMLS 999584Feb 26, 2025
Listed $4,250,000
Expired72 days on marketMLS 988984Sep 10, 2024
Listed $4,250,000
Expired61 days on marketMLS 974849Jun 26, 2024
Listed $4,599,000
Expired70 days on marketMLS 966165Mar 18, 2010
$615,000
Sold283 days on marketMLS 503699
How this listing compares
Based on 90 sales in Cobble HillMedian sold
$1,042,000
Avg days on market
54 days
Avg sale-to-list
97.2%
Avg $/sqft
$409
Price per square foot
Above area average
Current market in Cobble Hill
Active (same type)
20
Pending
19
All active listings
45
Months of supply
2.7
Seller's market — 2.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,066,365
Homes in Malahat & Area sell at 110.3% of assessed value on average.
Based on 244 recent sales.
Local price trend
How Cobble Hill has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales3713 Holland Ave
$1,400,000
4 bd · 3 ba · 3,315 sqft · $422/sqft · 2 days on market
Sold Jul 20, 2026 · 93.4% of list
1307 Sylvia Pl
$1,499,000
5 bd · 4 ba · 4,198 sqft · $357/sqft · 31 days on market
Sold Jul 13, 2026 · 93.7% of list
3635 Ocean View Cres
$1,600,000
2 bd · 3 ba · 5,361 sqft · $298/sqft · 18 days on market
Sold Jul 10, 2026 · 94.4% of list
1265 Hutchinson Rd
$789,000
2 bd · 1 ba · 1,626 sqft · $485/sqft · 19 days on market
Sold Jul 10, 2026 · 104% of list
3623 Cedardale Rd
$585,000
1 bd · 1 ba · 1,555 sqft · $376/sqft · 37 days on market
Sold Jul 7, 2026 · 97.5% of list
597 Pine Ridge Dr
$969,000
2 bd · 2 ba · 1,833 sqft · $529/sqft · 29 days on market
Sold Jul 6, 2026 · 97% of list
3778 Kingburne Dr
$1,219,600
2 bd · 4 ba · 2,194 sqft · $556/sqft · 38 days on market
Sold Jul 3, 2026 · 97.6% of list
3713 Holland Ave
$1,490,000
4 bd · 3 ba · 3,315 sqft · $449/sqft · 13 days on market
Sold Jun 30, 2026 · 94.6% of list
3513 Twin Cedars Dr
$1,055,000
3 bd · 2 ba · 2,115 sqft · $499/sqft · 20 days on market
Sold Jun 29, 2026 · 96% of list
1328 Bonner Cres
$1,135,000
4 bd · 3 ba · 3,173 sqft · $358/sqft · 23 days on market
Sold Jun 26, 2026 · 96.6% of list
817 Aros Rd
$1,050,000
5 bd · 4 ba · 4,628 sqft · $227/sqft · 50 days on market
Sold Jun 25, 2026 · 96.3% of list
1230 Fisher Rd
$965,000
4 bd · 2 ba · 3,117 sqft · $310/sqft · 42 days on market
Sold Jun 23, 2026 · 97.5% of list
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Monthly mortgage
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Loan amount
$3,449,900 − $689,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$781,975
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 Oakwyn Realty Ltd.