Victoria Real Estate
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4573 Prospect Lake Rd

$3,995,000

Prospect Lake

Detached6 bd · 7 ba · 5,422 sqftBuilt 1976$737/sqft8 days on market

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About this home

A private 17-acre West Coast lodge estate in Prospect Lake, just 20 minutes from downtown Victoria. Bella Farm is a once-in-a-generation offering, blending timeless architecture with exceptional privacy, beauty, and flexibility. The 5,000+ sq ft main residence is thoughtfully designed for multigenerational living, functioning seamlessly as a gracious single home or adaptable into multiple private living areas for family, guests, or evolving lifestyle needs. Zoned A2 (Rural Residential -Two Dwelling), the property permits a second full-size residence, offering rare long-term value and legacy potential. The grounds are extraordinary, featuring established gardens, orchards, terraced landscapes, and irrigation systems supporting a self-sustaining lifestyle. Detached studio buildings add versatility for creative, wellness, or professional use. Bella Farm may be offered fully furnished, allowing for an effortless transition into a beautifully curated home. Additional information available under the property's established name, (id:65179)

Property details

From the listing's public record.

Lot size

17.05 acres

Year built

1976

Taxes

$19,626/yr

Zoning

Unknown

Appliances

WasherRefrigeratorRange - GasRange - ElectricDishwasherRangeDryerMicrowave

Heating

Baseboard heatersElectricPropaneWood

Parking

RV

Lot

AcreagePark settingPrivate settingSouthern exposureWooded areaIrregular lot size

Style

Westcoast

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 1, 2026

    Listed $3,995,000

    Active8 days on marketMLS 1051337
  2. Jun 2, 2026

    Listed $3,995,000

    Ddf_delisted121 days on marketMLS 1038890
  3. Feb 14, 2026

    Listed $4,390,000

    Ddf_delisted107 days on marketMLS 1025542
  4. Apr 22, 2023

    Listed $3,995,000

    Expired90 days on marketMLS 929599
  5. Feb 23, 2023

    Listed $4,500,000

    Cancelled57 days on marketMLS 924119
  6. May 29, 2017

    Listed $1,595,000

    Cancelled123 days on marketMLS 760271
  7. Dec 9, 2016

    $1,075,000

    Sold182 days on marketMLS 733741
  8. Jan 18, 2016

    Listed $1,080,000

    Cancelled195 days on marketMLS 719553

How this listing compares

Based on 8 sales in Prospect Lake

Median sold

$2,076,250

Avg days on market

43 days

Avg sale-to-list

97.7%

Avg $/sqft

$523

Price per square foot

This home: $737/sqftArea average: $523/sqft

Above area average

Current market in Prospect Lake

Active (same type)

3

Pending

3

All active listings

5

Months of supply

4.5

Balanced market — 4.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$3,771,000

Homes in Saanich West sell at 167.2% of assessed value on average.

Based on 214 recent sales.

Local price trend

How Prospect Lake has moved over the last decade.

7193115Nov 2016Oct 2021Aug 2026

Local price index (normalized) · 118 months

Recent nearby sales

12 sales
  • 3746 Seaton St

    $1,059,000

    4 bd · 3 ba · 2,203 sqft · $481/sqft · 26 days on market

    Sold Aug 25, 2026 · 98.5% of list

  • 3341 Rolston Cres

    $950,000

    3 bd · 2 ba · 2,646 sqft · $359/sqft · 27 days on market

    Sold Aug 25, 2026 · 95.2% of list

  • 4348 Harder Rd

    $1,027,300

    3 bd · 3 ba · 3,231 sqft · $318/sqft · 17 days on market

    Sold Aug 21, 2026 · 93.4% of list

  • 3044 Austin Ave

    $950,000

    3 bd · 2 ba · 1,728 sqft · $550/sqft · 70 days on market

    Sold Aug 21, 2026 · 97.5% of list

  • 784 Snowdrop Ave

    $900,000

    3 bd · 2 ba · 1,342 sqft · $671/sqft · 49 days on market

    Sold Aug 21, 2026 · 94.7% of list

  • 547 Davida Ave

    $850,000

    3 bd · 1 ba · 1,933 sqft · $440/sqft · 48 days on market

    Sold Aug 20, 2026 · 95.6% of list

  • 763 Viaduct Ave

    $1,304,000

    3 bd · 3 ba · 2,323 sqft · $561/sqft · 29 days on market

    Sold Aug 17, 2026 · 100.3% of list

  • 544 Riel Pl

    $1,060,000

    5 bd · 2 ba · 2,310 sqft · $459/sqft · 34 days on market

    Sold Aug 14, 2026 · 96.5% of list

  • 981 Violet Ave

    $835,000

    3 bd · 1 ba · 1,546 sqft · $540/sqft · 14 days on market

    Sold Aug 14, 2026 · 98.4% of list

  • 4256 Ponderosa Cres

    $1,169,000

    4 bd · 3 ba · 2,690 sqft · $435/sqft · 12 days on market

    Sold Aug 14, 2026 · 98.2% of list

  • 4259 Craigo Park Way

    $1,090,000

    5 bd · 2 ba · 2,279 sqft · $478/sqft · 31 days on market

    Sold Aug 13, 2026 · 99.1% of list

  • 758 Newbury St

    $1,150,000

    3 bd · 2 ba · 1,895 sqft · $607/sqft · 31 days on market

    Sold Aug 13, 2026 · 97.9% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$3,995,000 − $799,000

$3,196,000

Down payment

20.0%

$799,000

Property Transfer Tax

$117,750

Legal / closing (est.)

$1,500

Cash to close

$918,250

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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