
3981 Goldstream Heights Dr
$3,490,000
Malahat Proper
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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, propane hot water on demand, 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
Appliances
Heating
Cooling
Lot
Style
Price history
11 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 15, 2026
Listed $3,490,000
Active26 days on marketMLS 1042996Jul 27, 2017
$468,000
Sold6 days on marketMLS 763154May 19, 2015
Listed $395,000
Expired104 days on marketMLS 702597Jun 23, 2014
Listed $395,000
Cancelled129 days on marketMLS 676043Feb 1, 2014
Listed $449,000
Cancelled149 days on marketMLS 661056Mar 6, 2012
Listed $399,000
Expired300 days on marketMLS 598122Mar 6, 2012
Listed $449,900
Expired300 days on marketMLS 600749May 4, 2010
Listed $495,000
Expired184 days on marketMLS 538356Apr 6, 2010
Listed $495,000
Expired20 days on marketMLS 533299Apr 6, 2010
Listed $495,000
Cancelled177 days on marketMLS 534284Apr 6, 2010
Listed $495,000
Expired20 days on marketMLS 534282
How this listing compares
Based on 253 sales in Malahat & AreaMedian sold
$1,049,900
Avg days on market
53 days
Avg sale-to-list
97.1%
Avg $/sqft
$420
Price per square foot
Above area average
Current market in Malahat & Area
Active (same type)
71
Pending
35
All active listings
142
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
$2,460,000
Homes in Malahat & Area sell at 110.8% of assessed value on average.
Based on 237 recent sales.
Local price trend
How Malahat Proper has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
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$1,020,000
3 bd · 2 ba · 1,684 sqft · $606/sqft · 20 days on market
Sold Aug 10, 2026 · 98.1% of list
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$810,000
2 bd · 1 ba · 1,043 sqft · $777/sqft · 15 days on market
Sold Aug 10, 2026 · 97.7% of list
1697 La Gorda Pl
$635,000
3 bd · 2 ba · 1,246 sqft · $510/sqft · 19 days on market
Sold Aug 10, 2026 · 94.2% of list
1874 West Shawnigan Lake Rd
$2,800,000
5 bd · 4 ba · 7,217 sqft · $388/sqft · 12 days on market
Sold Aug 7, 2026 · 96.6% of list
2614 Shawnigan Lake Rd
$739,000
3 bd · 3 ba · 2,390 sqft · $309/sqft · 24 days on market
Sold Aug 7, 2026 · 98.7% of list
612 Kilmalu Rd
$1,826,000
5 bd · 4 ba · 3,064 sqft · $596/sqft · 42 days on market
Sold Aug 5, 2026 · 93.6% of list
2484 Gibbs Pl
$1,240,000
3 bd · 3 ba · 2,883 sqft · $430/sqft · 21 days on market
Sold Aug 5, 2026 · 98% of list
4210 Douglas Vale Pl
$1,318,000
5 bd · 3 ba · 2,986 sqft · $441/sqft · 15 days on market
Sold Aug 4, 2026 · 99.2% of list
575 Marine View
$950,000
2 bd · 2 ba · 2,245 sqft · $423/sqft · 17 days on market
Sold Aug 4, 2026 · 97.4% of list
1645 Jersey Rd
$1,350,000
5 bd · 4 ba · 5,385 sqft · $251/sqft · 22 days on market
Sold Aug 4, 2026 · 100% of list
1696 Peerless Rd
$1,495,000
5 bd · 4 ba · 2,357 sqft · $634/sqft · 104 days on market
Sold Aug 4, 2026 · 94% of list
880 Pratt Rd
$1,140,000
4 bd · 3 ba · 3,030 sqft · $376/sqft · 54 days on market
Sold Aug 4, 2026 · 99.1% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$3,490,000 − $698,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.