Victoria Real Estate
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755 Butterfield Rd

$2,900,000

Mill Bay

Detached5 bd · 6 ba · 3,749 sqftBuilt 2022$774/sqft29 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Every recorded listing event for this property — sales, relists, expired or withdrawn listings.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

    Active29 days on marketMLS 1051301
  2. May 4, 2026

    Listed $2,900,000

    Expired149 days on marketMLS 1030256
  3. Feb 24, 2021

    $811,000

    Sold6 days on marketMLS 863641

How this listing compares

Based on 74 sales in Mill Bay

Median sold

$1,150,000

Avg days on market

48 days

Avg sale-to-list

96.9%

Avg $/sqft

$412

Price per square foot

This home: $774/sqftArea average: $412/sqft

Above area average

Current market in Mill Bay

Active (same type)

12

Pending

0

All active listings

24

Months of supply

1.9

Seller's market — 1.9 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 111.9% of assessed value on average.

Based on 218 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
  • 675 Kilmalu Rd

    $835,000

    2 bd · 2 ba · 2,464 sqft · $339/sqft · 33 days on market

    Sold Oct 29, 2026 · 98.2% of list

  • 3325 Telegraph Rd

    $1,391,250

    4 bd · 3 ba · 4,122 sqft · $338/sqft · 141 days on market

    Sold Oct 29, 2026 · 97.3% of list

  • 804 Bucktail Rd

    $1,030,000

    5 bd · 3 ba · 3,856 sqft · $267/sqft · 34 days on market

    Sold Oct 8, 2026 · 97.3% of list

  • 2497 Cayman Pl

    $931,200

    5 bd · 3 ba · 3,497 sqft · $266/sqft · 41 days on market

    Sold Sep 30, 2026 · 98.2% of list

  • 875 Pratt Rd

    $1,285,000

    3 bd · 3 ba · 3,746 sqft · $343/sqft · 11 days on market

    Sold Sep 29, 2026 · 98.8% of list

  • 2499 Blairgowrie Rd

    $1,155,000

    3 bd · 2 ba · 2,915 sqft · $396/sqft · 12 days on market

    Sold Sep 28, 2026 · 100.4% of list

  • 721 Noowick Rd

    $775,000

    3 bd · 2 ba · 2,507 sqft · $309/sqft · 17 days on market

    Sold Sep 28, 2026 · 97% of list

  • 946 Gillespie Pl

    $1,506,500

    4 bd · 4 ba · 4,071 sqft · $370/sqft · 52 days on market

    Sold Sep 15, 2026 · 94.2% of list

  • 2581 Seaview Rd

    $999,000

    3 bd · 4 ba · 2,301 sqft · $434/sqft · 9 days on market

    Sold Sep 11, 2026 · 100.4% of list

  • 2513 Glendoik Way

    $1,045,000

    4 bd · 3 ba · 2,340 sqft · $447/sqft · 63 days on market

    Sold Sep 8, 2026 · 95% of list

  • 2635 Mill Bay Rd

    $1,240,000

    4 bd · 4 ba · 2,886 sqft · $430/sqft · 57 days on market

    Sold Sep 4, 2026 · 95.8% of list

  • 2321 Boulding Rd

    $1,950,000

    4 bd · 3 ba · 4,798 sqft · $406/sqft · 168 days on market

    Sold Sep 1, 2026 · 88.6% 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?

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