424 Pelican Dr
$1,949,000
Royal Bay
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About this home
Welcome to 424 Pelican Dr. Set on nearly one acre, this exceptional ocean view property offers a rare combination of privacy, thoughtful design, and breathtaking coastal scenery. With the lot line running parallel to the road, the property enjoys enhanced usability, an impressive presence, and exceptional curb appeal. A welcoming main-level entry opens to sweeping southern views of the ocean and Olympic Mountains. Designed to maximize natural light, the open-concept living space features hardwood floors, a striking gas fireplace, and a dramatic wall of windows that seamlessly connects the interior with the surrounding landscape.The chef-inspired kitchen is beautifully appointed with a generous island, gas range, stainless steel appliances, apron-front sink, custom soft-close wood cabinetry, and quartz countertops, creating an ideal space for both everyday living and entertaining. Outdoor living is equally inviting, with a view deck and expansive patio offering spectacular settings for dining, entertaining, or simply relaxing while taking in the ever-changing ocean vistas. The main-level primary suite provides a peaceful retreat with a walk-in closet and a luxurious ensuite featuring dual vanities, a deep soaker tub with ocean views, and a separate walk-in shower. The lower level offers outstanding flexibility with a bright two-bedroom plus den layout, complete with a full kitchen and a spacious bathroom featuring both a soaker tub and separate walk-in shower. A dedicated media room and an additional bedroom or den provide exceptional versatility for extended family, guests, or a home office. Additional highlights include abundant parking and an energy-efficient heat pump providing year-round comfort, including air conditioning during the warmer months. An exceptional offering that combines quality craftsmanship, timeless design, and spectacular ocean views in one of the area's most desirable settings. (id:65179)
Property details
From the listing's public record.
Lot size
0.81 acres
Year built
2009
Taxes
$8,061/yr
Strata / HOA
$0/month
Zoning
Residential
View
Appliances
Heating
Cooling
Lot
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 2, 2026
Listed $1,949,000
Active25 days on marketMLS 1040996Jul 28, 2022
$1,810,000
Sold3 days on marketMLS 900110Oct 7, 2013
Listed $759,000
Expired175 days on marketMLS 653587May 2, 2013
Listed $799,900
Cancelled151 days on marketMLS 639173Nov 24, 2009
$767,500
Sold123 days on marketMLS 508771
How this listing compares
Based on 53 sales in Royal BayMedian sold
$1,338,000
Avg days on market
48 days
Avg sale-to-list
98.4%
Avg $/sqft
$416
Price per square foot
Above area average
Current market in Royal Bay
Active (same type)
14
Pending
9
All active listings
35
Months of supply
3.2
Seller's market — 3.2 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,632,000
Homes in Colwood sell at 107.5% of assessed value on average.
Based on 172 recent sales.
Local price trend
How Royal Bay has moved over the last decade.
Local price index (normalized) · 117 months
Recent nearby sales
12 sales452 Pelican Dr
$2,285,000
6 bd · 6 ba · 6,735 sqft · $339/sqft · 19 days on market
Sold Jul 21, 2026 · 99.3% of list
3589 Temperate Pl
$1,275,000
4 bd · 4 ba · 3,091 sqft · $412/sqft
Sold Jul 15, 2026 · 100% of list
364 Kestrel St
$1,120,000
3 bd · 3 ba · 3,116 sqft · $359/sqft · 29 days on market
Sold Jul 8, 2026 · 95.3% of list
3475 Trumpeter St
$1,315,000
5 bd · 3 ba · 2,834 sqft · $464/sqft · 78 days on market
Sold Jul 3, 2026 · 97.4% of list
3604 Temperate Pl
$1,675,000
6 bd · 6 ba · 4,125 sqft · $406/sqft · 1 day on market
Sold Jul 2, 2026 · 100% of list
485 Outrigger Loop
$1,280,000
4 bd · 4 ba · 3,649 sqft · $351/sqft · 15 days on market
Sold Jun 30, 2026 · 98.5% of list
3603 Temperate Pl
$1,675,000
5 bd · 5 ba · 3,903 sqft · $429/sqft · 135 days on market
Sold Jun 30, 2026 · 100% of list
173 Caspian Dr
$1,167,000
4 bd · 4 ba · 3,001 sqft · $389/sqft · 42 days on market
Sold Jun 25, 2026 · 97.3% of list
3365 Sandpiper St
$1,315,000
4 bd · 4 ba · 4,223 sqft · $311/sqft · 62 days on market
Sold Jun 24, 2026 · 99.3% of list
3460 Sparrowhawk Ave
$1,332,000
5 bd · 4 ba · 3,719 sqft · $358/sqft · 56 days on market
Sold Jun 23, 2026 · 97.3% of list
3592 Temperate Pl
$1,400,000
4 bd · 4 ba · 3,146 sqft · $445/sqft · 29 days on market
Sold Jun 19, 2026 · 100% of list
3649 Coleman Pl
$1,180,000
4 bd · 3 ba · 2,980 sqft · $396/sqft · 14 days on market
Sold Jun 1, 2026 · 98.3% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,949,000 − $389,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$428,280
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 Sotheby's International Realty Canada