1866 Vee Rd
$1,349,000
Royal Bay
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About this home
Beautiful, like-new modern home offering quality craftsmanship and thoughtfully designed living spaces. Built in 2023, this high-end residence features 2,683 sqft, with 4 bedrooms and 3 bathrooms in the main home. A beautifully appointed kitchen with quartz countertops and gas appliances flows into an inviting living area with a bar—perfect for entertaining. Built-in speakers, a heat pump, gas furnace, and security camera system add comfort and convenience. Enjoy ocean glimpses, a family-friendly backyard with room to play and relax, and a double garage. A legal 1-bedroom suite with a private entrance and its own laundry offers flexibility for rental income, extended family, or guests. This exceptionally maintained home is set in a quiet, highly sought-after community, just minutes from the ocean, marina, and charming village of Cowichan Bay, with its shops, restaurants, and amenities. A fantastic opportunity to enjoy modern living in one of the Cowichan Valley’s most desirable areas. (id:65179)
Property details
From the listing's public record.
Lot size
7,540 square feet
Year built
2023
Taxes
$5,894/yr
Zoning
Residential
View
Heating
Cooling
Parking
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 5, 2026
Listed $1,349,000
Active4 days on marketMLS 1051527
How this listing compares
Based on 48 sales in Royal BayMedian sold
$1,315,000
Avg days on market
49 days
Avg sale-to-list
98.2%
Avg $/sqft
$416
Price per square foot
Above area average
Current market in Royal Bay
Active (same type)
15
Pending
3
All active listings
43
Months of supply
3.8
Seller's market — 3.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,034,000
Homes in Colwood sell at 109.8% of assessed value on average.
Based on 156 recent sales.
Local price trend
How Royal Bay has moved over the last decade.
Local price index (normalized) · 116 months
Recent nearby sales
12 sales533 Gurunank Lane
$1,350,000
5 bd · 4 ba · 3,015 sqft · $448/sqft · 113 days on market
Sold Aug 24, 2026 · 98.2% of list
3599 Temperate Pl
$1,575,000
5 bd · 5 ba · 3,930 sqft · $401/sqft · 219 days on market
Sold Aug 19, 2026 · 100% of list
542 Gurunank Lane
$1,590,000
5 bd · 4 ba · 4,749 sqft · $335/sqft · 85 days on market
Sold Aug 17, 2026 · 94.2% of list
3380 Curlew St
$1,060,000
4 bd · 4 ba · 2,912 sqft · $364/sqft · 64 days on market
Sold Aug 12, 2026 · 94.6% of list
365 E Cotlow Rd
$940,000
4 bd · 3 ba · 1,887 sqft · $498/sqft · 29 days on market
Sold Aug 11, 2026 · 100.5% of list
433 Regency Pl
$1,030,000
3 bd · 3 ba · 2,109 sqft · $488/sqft · 36 days on market
Sold Jul 31, 2026 · 93.7% of list
200 Caspian Dr
$1,160,000
4 bd · 4 ba · 2,392 sqft · $485/sqft · 37 days on market
Sold Jul 30, 2026 · 100% of list
3387 Ryder Hesjedal Way
$1,430,000
4 bd · 4 ba · 2,933 sqft · $488/sqft · 34 days on market
Sold Jul 28, 2026 · 95.4% of list
228 Caspian Dr
$1,065,000
4 bd · 4 ba · 2,535 sqft · $420/sqft · 102 days on market
Sold Jul 27, 2026 · 99.6% of list
224 Caspian Dr
$1,099,000
4 bd · 4 ba · 2,820 sqft · $390/sqft · 32 days on market
Sold Jul 23, 2026 · 100% of list
452 Pelican Dr
$2,285,000
6 bd · 6 ba · 6,735 sqft · $339/sqft · 19 days on market
Sold Jul 21, 2026 · 99.3% of list
3589 Temperate Pl
$1,275,000
4 bd · 4 ba · 3,091 sqft · $412/sqft
Sold Jul 15, 2026 · 100% of list
What would this home cost?
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Loan amount
$1,349,000 − $269,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$296,280
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 The Agency