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3981 Goldstream Heights Dr

$3,490,000

Malahat Proper

Detached9 bd · 10 ba · 5,743 sqftBuilt 2019$608/sqft6 days on market

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About this home

LUXURY, PRIVACY & VERSATILITY. A Private Retreat set atop 32.12 Acres with SPECTACULAR PANORAMIC VIEWS to the east and south of the Malahat, Saanich Inlet, ocean, and mountains + distant Downtown Victoria Views. An exceptional property with a ( 2025 built ) 5743 sf Custom Residence, plus a detached ( 3530 sf gross area) three bay/ 4 vehicle garage/shop with an excellent 2nd floor loft/office and a separate 2 BR rental suite ( $2100 pm rent ). An Ultimate Estate for a large family or multigenerational living. The main Residence features: 7 BR's, den, and 8 baths. All of the Bedrooms are designed with their own ensuite baths. Top-quality construction comprising ICF insulation and construction, heat pump, kitchen + baths with marble floors and stone countertops, Grand staircase entry with open ceilings and large spacious design for an active family lifestyle. The home is cool inside because of the cement constructed walls. Eight Balconies/decks + patios surround the whole house. The main level features a large deluxe gourmet Kitchen, adjacent DR and LR, office, music room and space for a future elevator shaft. The lower level has an area for extra family accommodation with a kitchenette and rec room area. A detached over height 3-bay/4-car garage/workshop ( total gross area of 3539 sf ) sits a short distance away. Great space for a shop or collection of vehicles, boat, etc. 2nd floor office/loft + 2 BR ( 948 sf ) suite that rents for $ 2100 pm. The irregularly shaped acreage is surrounded with green space and parkland; there's a gradual slope up from the road to the residential site, then slope down to the east boundary line. The land is rough-graded with gravel drives with areas of cleared and forested areas. (id:65179)

Property details

From the listing's public record.

Lot size

32.12 acres

Year built

2019

Taxes

$6,894/yr

Zoning

Residential

View

City viewLake viewMountain viewOcean viewValley view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Heat Pump

Cooling

Air Conditioned

Lot

AcreageHillsidePrivate settingIrregular lot size

Style

Contemporary

Price history

11 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 15, 2026

    Listed $3,490,000

    Active6 days on marketMLS 1042996
  2. Jul 27, 2017

    $468,000

    Sold6 days on marketMLS 763154
  3. May 19, 2015

    Listed $395,000

    Expired104 days on marketMLS 702597
  4. Jun 23, 2014

    Listed $395,000

    Cancelled129 days on marketMLS 676043
  5. Feb 1, 2014

    Listed $449,000

    Cancelled149 days on marketMLS 661056
  6. Mar 6, 2012

    Listed $399,000

    Expired300 days on marketMLS 598122
  7. Mar 6, 2012

    Listed $449,900

    Expired300 days on marketMLS 600749
  8. May 4, 2010

    Listed $495,000

    Expired184 days on marketMLS 538356
  9. Apr 6, 2010

    Listed $495,000

    Expired20 days on marketMLS 533299
  10. Apr 6, 2010

    Listed $495,000

    Cancelled177 days on marketMLS 534284
  11. Apr 6, 2010

    Listed $495,000

    Expired20 days on marketMLS 534282

How this listing compares

Based on 250 sales in Malahat & Area

Median sold

$1,048,825

Avg days on market

52 days

Avg sale-to-list

97.2%

Avg $/sqft

$428

Price per square foot

This home: $608/sqftArea average: $428/sqft

Above area average

Current market in Malahat & Area

Active (same type)

69

Pending

44

All active listings

139

Months of supply

3.3

Seller's market3.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,460,000

Homes in Malahat & Area sell at 110.3% of assessed value on average.

Based on 244 recent sales.

Local price trend

How Malahat Proper has moved over the last decade.

5378102Aug 2016Jul 2021Jun 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 654 Sentinel Dr

    $1,105,000

    4 bd · 4 ba · 6,261 sqft · $176/sqft · 124 days on market

    Sold Jul 20, 2026 · 100% of list

  • 3713 Holland Ave

    $1,400,000

    4 bd · 3 ba · 3,315 sqft · $422/sqft · 2 days on market

    Sold Jul 20, 2026 · 93.4% of list

  • 899 Frayne Rd

    $1,446,000

    5 bd · 4 ba · 5,432 sqft · $266/sqft · 40 days on market

    Sold Jul 16, 2026 · 95.1% of list

  • 4-1723 Sandy Beach Rd

    $1,118,800

    2 bd · 2 ba · 1,719 sqft · $651/sqft · 72 days on market

    Sold Jul 15, 2026 · 97.4% of list

  • 3070 Beachfront Cres

    $4,320,000

    4 bd · 5 ba · 7,315 sqft · $591/sqft · 18 days on market

    Sold Jul 15, 2026 · 96% of list

  • 1067 Briarwood Cres

    $1,300,000

    7 bd · 4 ba · 5,089 sqft · $255/sqft · 1 day on market

    Sold Jul 15, 2026 · 100.1% of list

  • 1780 Elford Rd

    $730,000

    3 bd · 3 ba · 3,121 sqft · $234/sqft · 17 days on market

    Sold Jul 14, 2026 · 93% of list

  • 1307 Sylvia Pl

    $1,499,000

    5 bd · 4 ba · 4,198 sqft · $357/sqft · 31 days on market

    Sold Jul 13, 2026 · 93.7% of list

  • 1186 Briarwood Dr

    $850,000

    4 bd · 3 ba · 2,165 sqft · $393/sqft · 73 days on market

    Sold Jul 10, 2026 · 85.1% of list

  • 1475 Tharratt Rd

    $875,000

    4 bd · 3 ba · 3,162 sqft · $277/sqft · 42 days on market

    Sold Jul 10, 2026 · 97.2% of list

  • 3635 Ocean View Cres

    $1,600,000

    2 bd · 3 ba · 5,361 sqft · $298/sqft · 18 days on market

    Sold Jul 10, 2026 · 94.4% of list

  • 1265 Hutchinson Rd

    $789,000

    2 bd · 1 ba · 1,626 sqft · $485/sqft · 19 days on market

    Sold Jul 10, 2026 · 104% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$3,490,000 − $698,000

$2,792,000

Down payment

20.0%

$698,000

Property Transfer Tax

$92,500

Legal / closing (est.)

$1,500

Cash to close

$792,000

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

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