205 Marine Dr
$2,090,000
Cobble Hill
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About this home
Welcome to an exceptional waterfront residence in the prestigious gated and guarded community of Arbutus Ridge, where sweeping views of Salt Spring Island, the Saanich Peninsula, and majestic Mt. Baker provide an extraordinary setting. Thoughtfully reimagined with uncompromising attention to quality and design, this elegant home has been extensively renovated to offer refined living. The beautifully appointed kitchen features premium appliances, quartz countertops, and a striking backsplash, while rich hardwood flooring, custom blinds, and a high-efficiency heat pump enhance comfort and style throughout. Significant infrastructure improvements, including complete Poly-B replacement, roof restoration, new fascia, gutters and gutter guards, and professionally designed landscaping with irrigation, ensure lasting peace of mind. Enjoy the unmatched lifestyle of Vancouver Island's premier golf course community, offering a clubhouse, restaurant, pool, tennis, scenic walking trails, and an exceptional array of social amenities just minutes from everyday conveniences. (id:65179)
Property details
From the listing's public record.
Lot size
7,897 square feet
Year built
1992
Taxes
$7,398/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5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.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 $2,090,000
Active12 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)
14
Pending
0
All active listings
45
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
$2,090,000 − $418,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$460,200
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