205 Marine Dr
$1,965,000
Cobble Hill
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About this home
Experience the rare combination of waterfront serenity and resort-style living in Arbutus Ridge, one of Vancouver Island’s most sought-after gated communities. Framed by breathtaking views across the water to Salt Spring Island, the Saanich Peninsula, and Mt. Baker, this beautifully renovated residence offers an effortless blend of elegance, comfort, and West Coast charm. The sophisticated interior features a stunning gourmet kitchen with premium appliances, quartz surfaces, and designer backsplash, complemented by rich hardwood floors, custom window coverings, and a high-efficiency heat pump. Outside, professionally landscaped grounds with irrigation create a beautiful setting for relaxing and entertaining. At Arbutus Ridge, enjoy golf, tennis, swimming, dining, walking trails, and an active social lifestyle—all within a guarded, beautifully maintained community and close to everyday conveniences. (id:65179)
Property details
From the listing's public record.
Lot size
7,897 square feet
Year built
1992
Taxes
$7,332/yr
Strata / HOA
$499/month
Zoning
Residential
View
Waterfront
Appliances
Heating
Cooling
Lot
Community
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 9, 2026
Listed $1,965,000
Active32 days on marketMLS 1041879Jan 31, 2023
$1,455,000
Sold108 days on marketMLS 913187Jul 15, 2022
Listed $1,695,000
Cancelled45 days on marketMLS 909658Mar 31, 2021
$970,000
Sold111 days on marketMLS 856265Sep 29, 2004
$595,000
Sold20 days on marketMLS 333538
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Cobble Hill
Active (same type)
13
Pending
0
All active listings
42
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$1,393,000
Recent nearby sales
1 sale6-2046 Widows Walk
$740,000
1 bd · 1 ba · 742 sqft · $997/sqft · 12 days on market
Sold Jun 15, 2026 · 98.7% of list
What would this home cost?
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Estimate
Monthly mortgage
—
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Loan amount
$1,965,000 − $393,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$431,800
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