Victoria Real Estate
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3673 Arbutus Dr N

$1,250,000

Cobble Hill

Condo3 bd · 3 ba · 2,852 sqftBuilt 1988$438/sqft16 days on market

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About this home

Welcome to Arbutus Ridge! The moment you walk in the door, you are greeted straight away by stunning sea views. Designed to maximize coastal living, the main floor features a cozy living room with a fireplace, a massive kitchen, two bedrooms, a main 4-piece bathroom, and a spacious primary suite boasting an ocean vista, walk-in closet, and its own 4-piece ensuite. Step outside onto the large balcony-the ultimate spot for morning coffee or evening entertaining overlooking the water. Downstairs, discover a guest room with a dedicated 3-piece bath, plus versatile extra spaces including a workshop, rec room, and private wine room. Set within a quiet, private seaside community, top-tier amenities include a multipurpose center, seasonal pool, hot tub, craft room with kiln, library, meeting rooms, gym, tennis court, games room, and secure RV & boat storage. Escape to your coastal sanctuary today! (id:65179)

Property details

From the listing's public record.

Lot size

6,310 square feet

Year built

1988

Taxes

$5,758/yr

Strata / HOA

$510/month

Zoning

Residential

View

Mountain viewOcean view

Heating

Baseboard heatersElectric

Parking

Garage

Lot

Gated community

Community

Pets Allowed With RestrictionsAge Restrictions

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 24, 2026

    Listed $1,250,000

    Active16 days on marketMLS 1050457

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

38

Months of supply

—

Assessment

From publicly available property records.

Assessed value

$1,094,000

Recent nearby sales

1 sale
  • 6-2046 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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Monthly mortgage

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Loan amount

$1,250,000 − $250,000

$1,000,000

Down payment

20.0%

$250,000

Property Transfer Tax

$23,000

Legal / closing (est.)

$1,500

Cash to close

$274,500

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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More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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