Victoria Real Estate
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755 Butterfield Rd

$2,900,000

Mill Bay

Detached5 bd · 6 ba · 3,749 sqftBuilt 2022$774/sqft9 days on market

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About this home

STUNNING 2022 custom West Coast Contemporary on private 2-acre estate with unobstructed ocean, island & mountain views. Open-concept design with vaulted ceilings, clerestory windows, sliding glass walls and dramatic fireplace feature wall. Chef kitchen with 2 islands, quartz, stainless appliances, Bluetooth lighting/audio fan and large walk-in pantry with grocery lift. Primary suite offers ocean views, deck access, freestanding tub, spa shower, double vanity and private water closet. Full-length stamped concrete deck with glass railings, pre-wired for media. Lower level features self-contained 2-bed suite, each with walk-in ensuite, private entrance, laundry, kitchenette and covered ocean-view patio. Oversized triple garage with EV charging plus detached 24x30 insulated workshop with 220 power. A 26 KW generator in place for reliable back up power when needed. In-ground sprinklers and ample parking. Luxury West Coast living at its finest. (id:65179)

Property details

From the listing's public record.

Lot size

1.98 acres

Year built

2022

Taxes

$10,096/yr

Zoning

Rural residential

View

Mountain viewOcean view

Heating

Heat Pump

Cooling

Air Conditioned

Parking

Attached GarageGarageAdditional Parking

Lot

AcreageLevel lotPartially clearedMarine Oriented

Style

WestcoastContemporary

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 1, 2026

    Listed $2,900,000

    Active9 days on marketMLS 1051301
  2. May 4, 2026

    Listed $2,900,000

    Ddf_delisted150 days on marketMLS 1030256
  3. Feb 24, 2021

    $811,000

    Sold6 days on marketMLS 863641

How this listing compares

Based on 66 sales in Mill Bay

Median sold

$1,182,250

Avg days on market

48 days

Avg sale-to-list

97%

Avg $/sqft

$433

Price per square foot

This home: $774/sqftArea average: $433/sqft

Above area average

Current market in Mill Bay

Active (same type)

14

Pending

10

All active listings

30

Months of supply

2.5

Seller's market — 2.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,933,000

Homes in Malahat & Area sell at 112.5% of assessed value on average.

Based on 200 recent sales.

Local price trend

How Mill Bay has moved over the last decade.

5579102Nov 2016Oct 2021Aug 2026

Local price index (normalized) · 118 months

Recent nearby sales

12 sales
  • 858 Bucktail Rd

    $1,100,000

    3 bd · 3 ba · 3,904 sqft · $282/sqft · 71 days on market

    Sold Aug 24, 2026 · 95.7% of list

  • 2550 Seaview Rd

    $1,475,000

    4 bd · 3 ba · 4,546 sqft · $324/sqft · 8 days on market

    Sold Aug 17, 2026 · 98.4% of list

  • 2468 Arken Terr

    $1,290,000

    3 bd · 3 ba · 2,487 sqft · $519/sqft · 19 days on market

    Sold Aug 17, 2026 · 99.6% of list

  • 2554 Stubbs Rd

    $1,276,000

    4 bd · 3 ba · 2,892 sqft · $441/sqft · 14 days on market

    Sold Aug 14, 2026 · 98.2% of list

  • 1717 Arbutus Terr

    $1,655,300

    5 bd · 4 ba · 6,010 sqft · $275/sqft · 68 days on market

    Sold Aug 14, 2026 · 97.4% of list

  • 620 Kilmalu Rd

    $810,000

    2 bd · 1 ba · 1,043 sqft · $777/sqft · 15 days on market

    Sold Aug 10, 2026 · 97.7% of list

  • 943 Deloume Rd

    $1,020,000

    3 bd · 2 ba · 1,684 sqft · $606/sqft · 20 days on market

    Sold Aug 10, 2026 · 98.1% of list

  • 2484 Gibbs Pl

    $1,240,000

    3 bd · 3 ba · 2,883 sqft · $430/sqft · 21 days on market

    Sold Aug 5, 2026 · 98% of list

  • 612 Kilmalu Rd

    $1,826,000

    5 bd · 4 ba · 3,064 sqft · $596/sqft · 42 days on market

    Sold Aug 5, 2026 · 93.6% of list

  • 880 Pratt Rd

    $1,140,000

    4 bd · 3 ba · 3,030 sqft · $376/sqft · 54 days on market

    Sold Aug 4, 2026 · 99.1% of list

  • 2905 Wilkinson Rd

    $1,111,000

    4 bd · 2 ba · 2,234 sqft · $497/sqft · 15 days on market

    Sold Jul 31, 2026 · 101.5% of list

  • 371 Mccurdy Dr

    $1,290,000

    4 bd · 5 ba · 6,039 sqft · $214/sqft · 41 days on market

    Sold Jul 30, 2026 · 90.5% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$2,900,000 − $580,000

$2,320,000

Down payment

20.0%

$580,000

Property Transfer Tax

$65,000

Legal / closing (est.)

$1,500

Cash to close

$646,500

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

Interested in this home?

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

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