
504 5388 Hill Rise Terr
$1,950,000
Cordova Bay
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About this home
THE PINNACLE at Sayward Hill! Rare opportunity to own one of the most desired locations in this near-new concrete/steel 2019 quality build by JAWL DEVELOPMENTS overlooking CORDOVA BAY GOLF with unobstructed commanding OCEAN & MOUNTAIN VIEWS of Mt. Baker, Salish Sea, Gulf Islands & beyond. Exceptionally spacious, meticulously maintained by original owner, contemporary design in 1,863sf, 2 Beds, 2 Baths, Media Room/Home Office plus bonus Flex room offering a thoughtfully curated layout maximizing the abundance of natural light and views. Top quality finishings with gourmet kitchen, Miele upgraded appliances, walk-in pantry, quartz counters, engineered hardwood floors & in-floor heating in both bathrooms. AC/heat pump with 4 individual zones for all-year comfort, Gas FP, central vacuum, electric blinds including blackouts, custom built-ins including murphy bed & custom closet organizers are just some of the bespoke upgrades by the original owner. U/G secure parking stalls (2) including dedicated EV charger, large storage locker and building amenities include fitness gym, workshop, bike storage & SW outdoor pergola and common gardens. Spacious, entertainment sized, sunny 250sf balcony offers the most stunning OCEANVIEWS in the city and enjoy all-year alfresco living with natural gas patio heater and high-end Hestan gas BBQ. Enjoy the best golf in town just a chip away at Cordova Bay Golf and Mattick's Farm local shops are just down the hill, jump on your bike and ride the Lochside Trail and sandy beaches just steps away this residence presents a unique opportunity for the discerning buyer seeking the pinnacle of coastal elegance. (id:65179)
Property details
From the listing's public record.
Lot size
1,804 square feet
Year built
2019
Taxes
$9,214/yr
Strata / HOA
$896/month
Zoning
Residential
View
Appliances
Heating
Cooling
Lot
Style
Community
Security
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 1, 2026
Listed $1,950,000
ActiveMLS 1042019
How this listing compares
Based on 49 sales in Cordova BayMedian sold
$1,080,000
Avg days on market
110 days
Avg sale-to-list
100.2%
Avg $/sqft
$787
Price per square foot
Above area average
Current market in Cordova Bay
Active (same type)
26
Pending
2
All active listings
79
Months of supply
6.4
Buyer's market — 6.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,874,000
Homes in Saanich East sell at 96.7% of assessed value on average.
Based on 259 recent sales.
Local price trend
How Cordova Bay has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales505-5110 Cordova Bay Rd
$772,000
2 bd · 3 ba · 1,684 sqft · $458/sqft · 87 days on market
Sold Jun 30, 2026 · 96.5% of list
604-5332 Sayward Hill Cres
$1,520,000
2 bd · 2 ba · 2,013 sqft · $755/sqft · 47 days on market
Sold Jun 30, 2026 · 95.7% of list
205-5229 Cordova Bay Rd
$639,450
1 bd · 1 ba · 728 sqft · $878/sqft · 83 days on market
Sold Jun 26, 2026 · 105% of list
201-990 Doumac Ave
$1,099,000
2 bd · 2 ba · 1,567 sqft · $701/sqft · 28 days on market
Sold Jun 23, 2026 · 100% of list
206-5229 Cordova Bay Rd
$918,750
2 bd · 2 ba · 1,090 sqft · $843/sqft · 50 days on market
Sold Jun 18, 2026 · 105% of list
204-5229 Cordova Bay Rd
$640,395
1 bd · 1 ba · 744 sqft · $861/sqft · 47 days on market
Sold Jun 18, 2026 · 105% of list
207-5229 Cordova Bay Rd
$997,500
2 bd · 2 ba · 1,169 sqft · $853/sqft · 1 day on market
Sold Jun 18, 2026 · 105% of list
302-738 Sayward Hill Terr
$1,500,000
2 bd · 2 ba · 2,007 sqft · $747/sqft · 35 days on market
Sold Jun 17, 2026 · 95.2% of list
306-5229 Cordova Bay Rd
$939,750
2 bd · 2 ba · 1,090 sqft · $862/sqft · 102 days on market
Sold Jun 15, 2026 · 105% of list
302-5118 Cordova Bay Rd
$815,000
2 bd · 2 ba · 1,110 sqft · $734/sqft · 121 days on market
Sold Jun 15, 2026 · 98.3% of list
303-990 Doumac Ave
$999,000
2 bd · 2 ba · 1,386 sqft · $721/sqft · 19 days on market
Sold Jun 12, 2026 · 100% of list
206-990 Doumac Ave
$1,250,000
2 bd · 2 ba · 1,661 sqft · $753/sqft · 6 days on market
Sold Jun 5, 2026 · 100% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.