Victoria Real Estate
400 Fernhill Rd photo 1 of 1

400 Fernhill Rd

$1,999,000

Rockheights

Detached— · — · —Built 1901146 days on market

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About this home

Springwater Lodge is an exquisite historical waterfront property nestled in the heart of Miners Bay on Mayne Island. Spanning 1.77 acres, this estate features a historic lodge with a restaurant and bar, complemented by two recently upgraded detached duplex cabins on the waterfront. Positioned mere steps from the Government dock accommodating float planes and boats, the property holds significant potential, allowing for the development of up to 26 accommodation units. Offering breathtaking views on this remarkable island, this opportunity is a must-see. (id:65179)

Property details

From the listing's public record.

Lot size

1.77 acres

Year built

1901

Taxes

$28,497/yr

Zoning

Unknown

View

Ocean view

Waterfront

Waterfront on ocean

Heating

Baseboard heatersElectric

Lot

AcreageCentral locationPrivate settingMarine Oriented

Security

Sprinkler System-FireFire alarm system

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Feb 3, 2026

    Listed $1,999,000

    Active146 days on marketMLS C8075774
  2. Feb 3, 2026

    Listed $1,999,000

    Active146 days on marketMLS 1025045
  3. Jun 7, 2020

    Listed $2,280,000

    Expired207 days on marketMLS R2464118

How this listing compares

Based on 69 sales in Esquimalt

Median sold

$1,127,000

Avg days on market

37 days

Avg sale-to-list

98.7%

Avg $/sqft

$502

Current market in Esquimalt

Active (same type)

25

Pending

15

All active listings

125

Months of supply

4.3

Balanced market4.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$3,186,100

Land

$2,256,000

Improvements

$930,100

Homes in Esquimalt sell at 104.9% of assessed value on average.

Based on 66 recent sales.

Local price trend

How Rockheights has moved over the last decade.

308444580Jul 2016Feb 2021Mar 2026

Local price index (normalized) · 90 months

Recent nearby sales

12 sales
  • 857 Rockheights Ave

    $1,267,500

    5 bd · 2 ba · 2,295 sqft · $552/sqft · 14 days on market

    Sold Jun 29, 2026 · 101.8% of list

  • 506 Gore St

    $1,129,000

    5 bd · 3 ba · 2,604 sqft · $434/sqft · 13 days on market

    Sold Jun 25, 2026 · 100% of list

  • 1064 Colville Rd

    $999,999

    4 bd · 2 ba · 2,491 sqft · $401/sqft · 8 days on market

    Sold Jun 25, 2026 · 100% of list

  • 836 Elrick Pl

    $1,232,000

    4 bd · 2 ba · 2,033 sqft · $606/sqft · 20 days on market

    Sold Jun 24, 2026 · 98.9% of list

  • 555 Lampson St

    $885,000

    3 bd · 1 ba · 1,660 sqft · $533/sqft · 10 days on market

    Sold Jun 19, 2026 · 99.4% of list

  • 1197 Bewdley Ave

    $1,628,000

    4 bd · 5 ba · 3,793 sqft · $429/sqft · 7 days on market

    Sold Jun 19, 2026 · 97.6% of list

  • 1094 Gosper Cres

    $1,210,000

    5 bd · 2 ba · 2,241 sqft · $540/sqft · 20 days on market

    Sold Jun 8, 2026 · 102.6% of list

  • 1041 Lyall St

    $999,999

    4 bd · 2 ba · 2,543 sqft · $393/sqft · 20 days on market

    Sold Jun 3, 2026 · 97.1% of list

  • 815 Old Esquimalt Rd

    $790,000

    2 bd · 1 ba · 1,465 sqft · $539/sqft · 18 days on market

    Sold Jun 3, 2026 · 98.8% of list

  • 1103 Lockley Rd

    $875,000

    2 bd · 1 ba · 1,413 sqft · $619/sqft · 8 days on market

    Sold Jun 2, 2026 · 100% of list

  • 404 Constance Ave

    $2,271,000

    5 bd · 4 ba · 3,709 sqft · $612/sqft · 86 days on market

    Sold May 28, 2026 · 99% of list

  • 4-890 Admirals Rd

    $1,127,000

    5 bd · 3 ba · 2,097 sqft · $537/sqft · 12 days on market

    Sold May 14, 2026 · 98% of list

More on this listing

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