897 Pratt Rd
$1,239,000
Mill Bay
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About this home
Welcome to a bright, spacious home with excellent versatility. This property offers fantastic options—whether you're looking to generate rental income to help with the mortgage or create a comfortable multigenerational living setup. Start your mornings with coffee on the sunny front patio, and unwind with stunning sunsets on the large west-facing deck. Bathed in afternoon sun and perfect for entertaining, the deck features a gas hookup, while the kitchen boasts a gas range. Inside, the bright and airy main living space features vaulted ceilings and expansive views in three directions. The primary suite opens directly onto the deck—ideal for a hot tub. Downstairs, the lower level includes the fourth and fifth bedrooms, a bathroom and a generous family room with a walk-out patio, and easy access to the backyard. On the other side of the home, you'll find an 850 sq. ft. soundproofed suite with its own separate entrance and large private patio, offering outstanding flexibility. Set on a private 12,240 sq. ft. lot in a quiet cul-de-sac and backing onto forest, this home feels peaceful and secluded. Enjoy neighbourhood trails right outside your door, including a scenic one-hour loop through the woods and around a small lake. A park with a sports court and playground is just down the street. Parking is effortless with a wide, flat driveway perfect for vehicles and toys. (id:65179)
Property details
From the listing's public record.
Lot size
12,240 square feet
Year built
2010
Taxes
$6,179/yr
Strata / HOA
$11/month
Zoning
Residential
Appliances
Heating
Lot
Style
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 16, 2026
Listed $1,239,000
Active35 days on marketMLS 1040425
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Mill Bay
Active (same type)
11
Pending
0
All active listings
26
Months of supply
132
Buyer's market — 132 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,115,000
Recent nearby sales
1 sale6-2046 Widows Walk
$740,000
1 bd · 1 ba · 742 sqft · $997/sqft · 12 days on market
Sold Jun 15, 2026 · 98.7% of list
What would this home cost?
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Estimate
Monthly mortgage
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Loan amount
$1,239,000 − $247,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$272,080
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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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Fair Realty