280 Milburn Dr
$1,480,000
Lagoon
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About this home
Spectacular ocean, city, and Olympic Mountains views from all principal rooms. This home is only 20 minutes from Downtown Victoria. Offering approximately 3,500 sq. ft. of living space. The well-thought-out floor plan features main-level living, three bedrooms upstairs, and a one- or two-bedroom legal suite below—ideal for extended family or additional income. Expansive windows throughout flood the home with natural light while showcasing The primary suite boasts a vaulted ceiling and a spa-inspired ensuite complete with a steam shower. Additional highlights include a dedicated media room, a gourmet kitchen with an adjoining bar area perfect for entertaining, and high-end finishes throughout. Outdoors, enjoy a fully fenced backyard, an expansive deck, and a private hot tub—ideal for relaxing or hosting guests. All listing data and information are approximate, Buyer to verify if important. All photos are from previous listing because it is hard to take photos when it is fully tenanted. Luke Chen, MBA, P. Eng (Non-practising), AgentLukeChen@Gmail.com. 778-677-9557 (id:65179)
Property details
From the listing's public record.
Lot size
7,405 square feet
Year built
1982
Taxes
$7,979/yr
Zoning
Residential
View
Appliances
Heating
Lot
Style
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 11, 2026
Listed $1,480,000
Active8 days on marketMLS 1049433Feb 19, 2026
Listed $1,520,000
Ddf_delisted181 days on marketMLS 1026111Feb 20, 2017
$928,000
Sold12 days on marketMLS 749145Aug 27, 2010
$655,000
Sold28 days on marketMLS 540353Aug 28, 2007
$620,000
Sold60 days on marketMLS 435569
How this listing compares
Based on 14 sales in LagoonMedian sold
$1,431,250
Avg days on market
53 days
Avg sale-to-list
96.6%
Avg $/sqft
$356
Price per square foot
Above area average
Current market in Lagoon
Active (same type)
4
Pending
1
All active listings
13
Months of supply
3.4
Seller's market — 3.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,414,000
Homes in Colwood sell at 108.8% of assessed value on average.
Based on 172 recent sales.
Local price trend
How Lagoon has moved over the last decade.
Local price index (normalized) · 117 months
Recent nearby sales
12 sales481 Tipton Ave
$945,000
3 bd · 2 ba · 2,008 sqft · $471/sqft · 15 days on market
Sold Aug 25, 2026 · 97% of list
648 Granrose Terr
$1,210,000
5 bd · 4 ba · 3,044 sqft · $398/sqft · 63 days on market
Sold Aug 25, 2026 · 96.9% of list
656 Medalist Ave
$2,100,000
4 bd · 3 ba · 3,560 sqft · $590/sqft · 111 days on market
Sold Aug 24, 2026 · 96.6% of list
533 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
584 Stornoway Dr
$1,124,500
5 bd · 3 ba · 2,648 sqft · $425/sqft · 17 days on market
Sold Aug 21, 2026 · 99.6% of list
2444 Sooke Rd
$1,065,000
5 bd · 4 ba · 2,867 sqft · $371/sqft · 13 days on market
Sold Aug 21, 2026 · 99.1% of list
3408 Robson Pl
$1,575,000
4 bd · 7 ba · 4,157 sqft · $379/sqft · 105 days on market
Sold Aug 20, 2026 · 96.7% 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
3258 Cora Hill Pl
$980,000
5 bd · 3 ba · 2,496 sqft · $393/sqft · 3 days on market
Sold Aug 17, 2026 · 98% 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
3369 St. Troy Pl
$1,200,000
5 bd · 3 ba · 2,978 sqft · $403/sqft · 17 days on market
Sold Aug 14, 2026 · 102.1% of list
3439 Pattison Way
$925,000
3 bd · 3 ba · 1,925 sqft · $481/sqft · 38 days on market
Sold Aug 14, 2026 · 97.5% of list
What would this home cost?
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Loan amount
$1,480,000 − $296,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$325,100
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 Pemberton Holmes Ltd.