389 Moses Point Rd
$2,499,000
Deep Cove
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About this home
Rare low-bank waterfront on sought-after Moses Point in Deep Cove. Set on 1.09 completely private acres in one of North Saanich’s most prestigious neighbourhoods, this exceptional property enjoys southwest exposure, beautiful afternoon sun, spectacular sunsets, and breathtaking views across the Saanich Inlet. Step directly onto a stunning sandy beach with clear, warm, swimmable water and launch your paddleboard or kayak from your own shoreline. The immaculate 711 sq. ft. cottage offers one bedroom, one bathroom, a beautiful sunroom, an unfinished basement, and remarkable ocean views. Enjoy the cottage as a peaceful coastal retreat or live comfortably on-site while designing and building your dream waterfront home. Surrounded by scenic hiking trails and close to Deep Cove Chalet, local wineries, marinas, and farm markets, with the shops, restaurants, and amenities of Sidney just a short drive away. A rare opportunity to experience the very best of the Saanich Peninsula. (id:65179)
Property details
From the listing's public record.
Lot size
1.09 acres
Year built
1945
Taxes
$8,271/yr
Zoning
Residential
View
Waterfront
Appliances
Heating
Parking
Lot
Style
Price history
8 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 6, 2026
Listed $2,499,000
Active3 days on marketMLS 1051358Sep 23, 2026
Listed $2,699,000
Ddf_delisted9 days on marketMLS 1049811Oct 1, 2013
$749,000
Sold19 days on marketMLS 646117May 30, 2013
Listed $795,000
Cancelled239 days on marketMLS 642174Jan 30, 2013
Listed $795,000
Cancelled359 days on marketMLS 629548Aug 2, 2012
Listed $875,000
Expired178 days on marketMLS 615152Feb 21, 2012
Listed $998,888
Cancelled331 days on marketMLS 596612Apr 12, 2011
Listed $1,200,000
Expired177 days on marketMLS 568038
How this listing compares
Based on 36 sales in Deep CoveMedian sold
$2,275,000
Avg days on market
46 days
Avg sale-to-list
95.2%
Avg $/sqft
$642
Price per square foot
Above area average
Current market in Deep Cove
Active (same type)
9
Pending
2
All active listings
16
Months of supply
3
Seller's market — 3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,403,000
Homes in North Saanich sell at 114% of assessed value on average.
Based on 154 recent sales.
Local price trend
How Deep Cove has moved over the last decade.
Local price index (normalized) · 115 months
Recent nearby sales
12 sales627 Downey Rd
$1,470,000
5 bd · 4 ba · 3,977 sqft · $370/sqft · 56 days on market
Sold Aug 21, 2026 · 92.2% of list
1096 Maple Rd
$2,895,000
4 bd · 5 ba · 4,746 sqft · $610/sqft · 60 days on market
Sold Aug 21, 2026 · 97% of list
10646 Madrona Dr
$3,250,000
4 bd · 5 ba · 4,606 sqft · $706/sqft · 10 days on market
Sold Aug 20, 2026 · 100% of list
10652 Madrona Dr
$2,495,000
4 bd · 3 ba · 3,204 sqft · $779/sqft · 15 days on market
Sold Aug 14, 2026 · 94.2% of list
10950 Chalet Rd
$1,549,000
4 bd · 4 ba · 2,426 sqft · $638/sqft · 105 days on market
Sold Aug 14, 2026 · 100% of list
10953 Madrona Dr
$1,395,000
3 bd · 3 ba · 1,941 sqft · $719/sqft · 10 days on market
Sold Jul 31, 2026 · 100% of list
1219 Maple Rd
$1,373,000
5 bd · 3 ba · 5,383 sqft · $255/sqft · 21 days on market
Sold Jul 23, 2026 · 93.1% of list
845 Downey Rd
$3,600,000
7 bd · 10 ba · 29,179 sqft · $123/sqft · 54 days on market
Sold Jul 17, 2026 · 96% of list
598 Meldram Dr
$2,300,000
3 bd · 2 ba · 2,681 sqft · $858/sqft · 10 days on market
Sold Jul 17, 2026 · 93.9% of list
10965 Madrona Dr
$1,480,000
3 bd · 3 ba · 2,103 sqft · $704/sqft · 39 days on market
Sold Jul 15, 2026 · 99% of list
10851 Deep Cove Rd
$1,190,000
3 bd · 2 ba · 1,806 sqft · $659/sqft · 22 days on market
Sold Jul 10, 2026 · 95.3% of list
10720 Derrick Rd
$1,450,000
5 bd · 3 ba · 4,685 sqft · $309/sqft · 33 days on market
Sold Jul 6, 2026 · 90.9% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$2,499,000 − $499,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$554,270
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?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Macdonald Realty Ltd. (Sid)