Victoria Real Estate
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690 Madrona Ridge

$510,000

Thetis Heights

Land— · — · —26 days on market

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About this home

Madrona Ridge 65% Sold - Lot 42 is a Legal Single Family Home R2 Lot Ready for Quick Completion. Suites are Legal. This Step up lot is over 5600 sqft with a East facing backyard and striking views across the subdivision & valley. An ideal location tucked away from the busy roads and just walking distance to amenities, schools, trails & Thetis Lake. All lots have underground services already installed to the lot line, are graded, and are available for quick completion. The tree lined cul-de-sac street features plentiful on-street parking, sidewalks and is near the best that Langford has to offer. Minutes from Bear Mountain, Millstream Village, Thetis Lake, schools, Downtown Langford & a short drive to Downtown Victoria. Single Family and DUPLEX Lots still available. Visit website for info. Active Construction Site- Viewings by appointment. SPECIAL BUILDING FINANCING AVAILABLE. (id:65179)

Property details

From the listing's public record.

Lot size

5,685 square feet

Taxes

$1/yr

Zoning

Residential

View

Mountain viewValley view

Lot

Central locationCul-de-sacCurb & gutterHillsideLevel lotPartially clearedRectangular

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jun 3, 2026

    Listed $510,000

    Active26 days on marketMLS 1039133
  2. Aug 29, 2025

    Listed $520,000

    Expired275 days on marketMLS 1012294

How this listing compares

Based on 15 sales in Langford

Median sold

$515,000

Avg days on market

97 days

Avg sale-to-list

97.4%

Avg $/sqft

Current market in Langford

Active (same type)

42

Pending

3

All active listings

603

Months of supply

33.6

Buyer's market33.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$585,000

Homes in Langford sell at 97.8% of assessed value on average.

Based on 15 recent sales.

Recent nearby sales

9 sales
  • 1378 Sandstone Lane

    $610,000

    — · — · — · 100 days on market

    Sold Jun 15, 2026 · 94% of list

  • 3458 Merlot Terr

    $535,000

    — · — · — · 319 days on market

    Sold May 20, 2026 · 97.3% of list

  • 3346 West Oak Pl

    $350,000

    — · — · — · 45 days on market

    Sold Apr 29, 2026 · 100% of list

  • Lot 20 -725 Madrona Ridge

    $545,000

    — · — · — · 182 days on market

    Sold Apr 13, 2026 · 98.2% of list

  • 668/666 Madrona Ridge

    $687,750

    — · — · — · 124 days on market

    Sold Feb 17, 2026 · 98.4% of list

  • 2552-2554 Mill Hill Rd

    $380,000

    — · — · — · 166 days on market

    Sold Feb 5, 2026 · 84.5% of list

  • Lot 35-3859/3861 Olympian Way

    $655,000

    — · — · — · 10 days on market

    Sold Feb 2, 2026 · 100% of list

  • Lot 29 Madrona Ridge

    $430,500

    — · — · — · 25 days on market

    Sold Jan 29, 2026 · 101.3% of list

  • 976 Dunford Ave

    $1,075,000

    — · — · — · 94 days on market

    Sold Jan 6, 2026 · 102.5% of list

More on this listing

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Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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