Victoria Real Estate
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1541 Despard Ave

$2,989,000

Fairfield East

Detached6 bd · 5 ba · 4,881 sqftBuilt 1939$612/sqft66 days on market

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About this home

Set on a beautifully landscaped 18,000 sq ft lot (100 x 180) in Rockland, this exceptional property offers 4,881 sq ft of finished living space, blending timeless character with remarkable versatility. Surrounded by mature trees, vibrant gardens with irrigation, and peaceful outdoor spaces, this 6-bed, 5-bath home, plus den and study room, is designed for both comfortable family living and effortless entertaining. The main level features spacious principal rooms, including a living room with fireplace, formal dining room, and a bright kitchen with adjoining eating area flowing into the family room with a second fireplace. A stunning sunroom with vaulted ceilings overlooks the gardens. The main floor also offers two bedrooms with ensuites, including the primary retreat with walk-in closet and private balcony, along with a third bedroom and a dedicated study room. The lower level includes a substantial 2,278 sq ft self-contained suite with private entry, kitchen, and generous living space, ideal for extended family, guests, or rental income potential. Water and mountain glimpses, expansive patios, greenhouse, and tranquil water feature complete this special offering. Located just minutes from top schools, parks, and Gonzales Beach, this is a rare opportunity in one of Victoria’s most coveted neighbourhoods. (id:65179)

Property details

From the listing's public record.

Lot size

18,000 square feet

Year built

1939

Taxes

$14,166/yr

Zoning

Residential

Appliances

WasherRefrigeratorDishwasherRangeDryerMicrowaveOven - Built-In

Heating

Baseboard heatersNatural gas

Lot

Southern exposureRectangularMarine Oriented

Style

Westcoast

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 24, 2026

    Listed $2,989,000

    Active66 days on marketMLS 1033007
  2. Jun 16, 2008

    $1,410,000

    Sold79 days on marketMLS 459734

How this listing compares

Based on 38 sales in Fairfield East

Median sold

$1,538,250

Avg days on market

44 days

Avg sale-to-list

97.9%

Avg $/sqft

$607

Price per square foot

This home: $612/sqftArea average: $607/sqft

Above area average

Current market in Fairfield East

Active (same type)

18

Pending

7

All active listings

31

Months of supply

5.7

Balanced market5.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,729,000

Land

$1,701,000

Improvements

$1,028,000

Homes in Victoria sell at 102.2% of assessed value on average.

Based on 248 recent sales.

Local price trend

How Fairfield East has moved over the last decade.

6080100Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 683 Richmond Ave

    $1,360,000

    2 bd · 3 ba · 2,250 sqft · $604/sqft · 69 days on market

    Sold Jun 9, 2026 · 97.3% of list

  • 972 Wilmer St

    $1,449,000

    4 bd · 3 ba · 3,000 sqft · $483/sqft · 7 days on market

    Sold Jun 1, 2026 · 96.7% of list

  • 957 Maddison St

    $1,699,999

    4 bd · 3 ba · 2,024 sqft · $840/sqft · 8 days on market

    Sold May 28, 2026 · 100% of list

  • 416 Richmond Ave

    $1,270,000

    3 bd · 2 ba · 2,190 sqft · $580/sqft · 30 days on market

    Sold May 27, 2026 · 99.6% of list

  • 862 Somenos St

    $2,950,000

    5 bd · 5 ba · 3,591 sqft · $821/sqft · 168 days on market

    Sold May 15, 2026 · 98.3% of list

  • 1865 Quamichan St

    $1,225,000

    3 bd · 2 ba · 1,454 sqft · $843/sqft · 14 days on market

    Sold May 14, 2026 · 96% of list

  • 1530 Brooke St

    $1,939,000

    4 bd · 4 ba · 3,039 sqft · $638/sqft · 22 days on market

    Sold May 12, 2026 · 97.2% of list

  • 535 Linden Ave

    $1,348,000

    4 bd · 2 ba · 2,780 sqft · $485/sqft · 11 days on market

    Sold May 4, 2026 · 101.4% of list

  • 1980 Fairfield Rd

    $2,280,000

    4 bd · 5 ba · 3,291 sqft · $693/sqft · 14 days on market

    Sold Apr 27, 2026 · 99.8% of list

  • 435 Richmond Ave

    $1,149,000

    3 bd · 1 ba · 2,327 sqft · $494/sqft · 11 days on market

    Sold Apr 13, 2026 · 100% of list

  • 295 St. Charles St

    $1,546,000

    2 bd · 3 ba · 1,765 sqft · $876/sqft · 7 days on market

    Sold Mar 31, 2026 · 100.4% of list

  • 1038 Chamberlain St

    $1,407,500

    3 bd · 2 ba · 2,828 sqft · $498/sqft · 43 days on market

    Sold Feb 26, 2026 · 95.4% of list

More on this listing

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