
5470 Alderley Rd
$1,825,000
Cordova Bay
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About this home
Enjoy your own slice of paradise at this exceptional Cordova Bay rural style property set on a beautifully private 1-acre lot offering space to explore, entertain & grow. A rare multigenerational opportunity featuring a separate garden suite plus studio above the double garage/workshop, private patio space, each w/laundry & parking. Extensive quality updates throughout 4 bed/2 bath main house, incl. hardwd & tile flooring, wood accents, newer windows, updated kitchen w/S.S. appls, cozy living rm w/electric f/p, updated designer bathrms, new roof, new interlocking brick driveways, modern lighting, interior/exterior paint, heat pump with A/C and much more! Ideal separate workshop/garage & fenced yard. Located near excellent schools, Elk Lake, beaches, golf courses, Cordova Bay Village & the Galloping Goose Trail for biking to downtown Victoria BC. A truly spectacular West Coast lifestyle opportunity in a safe & popular community in Saanich East. (id:65179)
Property details
From the listing's public record.
Lot size
1 acres
Year built
1948
Taxes
$6,476/yr
Zoning
Residential
Appliances
Heating
Cooling
Lot
Style
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
May 28, 2026
Listed $1,825,000
Active32 days on marketMLS 1037736
How this listing compares
Based on 77 sales in Cordova BayMedian sold
$1,605,000
Avg days on market
52 days
Avg sale-to-list
96.2%
Avg $/sqft
$553
Price per square foot
Above area average
Current market in Cordova Bay
Active (same type)
41
Pending
16
All active listings
77
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
$1,371,000
Homes in Saanich East sell at 101.8% of assessed value on average.
Based on 629 recent sales.
Local price trend
How Cordova Bay has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
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4 bd · 3 ba · 2,373 sqft · $603/sqft · 13 days on market
Sold Jun 25, 2026 · 98.8% of list
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$1,850,000
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5009 Cordova Bay Rd
$3,275,000
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Sold Jun 1, 2026 · 93.7% of list
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$2,000,000
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$993,000
2 bd · 1 ba · 1,624 sqft · $611/sqft · 171 days on market
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1266 Oceanwood Lane
$1,450,000
3 bd · 3 ba · 3,305 sqft · $439/sqft · 171 days on market
Sold May 29, 2026 · 96.7% of list
1267 Oceanwood Lane
$2,100,000
4 bd · 6 ba · 5,071 sqft · $414/sqft · 230 days on market
Sold May 29, 2026 · 96% of list
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$1,560,000
5 bd · 4 ba · 3,763 sqft · $415/sqft · 29 days on market
Sold May 22, 2026 · 97.6% of list
4987 Wesley Rd
$1,050,000
4 bd · 1 ba · 7,363 sqft · $143/sqft · 48 days on market
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5465 Patricia Bay Hwy
$1,637,422
5 bd · 4 ba · 3,013 sqft · $543/sqft · 15 days on market
Sold May 11, 2026 · 97.8% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.