
998 Gillespie Rd
$2,350,000
East Sooke
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
About this home
Set on a private, park like 5 acre oceanfront at the end of Sooke Basin, this extraordinary East Sooke property offers low bank waterfront and your own private beach, ideal for swimming, kayaking, and quiet sunset evenings. Complete privacy, complete serenity, and water at your doorstep. This custom log home, framed and built to lock up, was begun with a family legacy in mind, and the bones are already in place. It's set up for 4 to 5 bedrooms and 3 baths across 2,403 sq ft, with soaring 16' vaulted ceilings, expansive wood windows capturing panoramic ocean views, and a wraparound deck with balconies off the upstairs rooms. All work is covered under new home warranty, ready for the next owner to finish to their own vision. The offering also includes shared ownership of 60+ acres of preserved forest with a stream and pond, plus a 1/7 interest in a separate 10 acre parcel. Just 20 minutes to Sooke and Langford and 40 to Victoria. A rare opportunity to create a family estate, seasonal retreat, or legacy home of your own on one of the most private waterfront parcels in East Sooke. (id:65179)
Property details
From the listing's public record.
Lot size
5 acres
Year built
2025
Taxes
$7,381/yr
Strata / HOA
$220/month
Zoning
Residential
View
Waterfront
Parking
Lot
Style
Community
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 1, 2026
Listed $2,350,000
Active8 days on marketMLS 1051171Jun 25, 2026
Listed $2,350,000
Ddf_delisted98 days on marketMLS 1041412Mar 31, 2026
Listed $2,495,000
Ddf_delisted74 days on marketMLS 1030529Apr 25, 2025
Listed $2,900,000
Cancelled249 days on marketMLS 996658
How this listing compares
Based on 11 sales in SookeMedian sold
$515,000
Avg days on market
56 days
Avg sale-to-list
97.2%
Avg $/sqft
$612
Price per square foot
Above area average
Current market in Sooke
Active (same type)
80
Pending
2
All active listings
289
Months of supply
87.3
Buyer's market — 87.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,700,000
Homes in Sooke sell at 104.2% of assessed value on average.
Based on 11 recent sales.
Local price trend
How East Sooke has moved over the last decade.
Local price index (normalized) · 9 months
Recent nearby sales
8 sales3-2045 Gatewood Rd
$323,000
2 bd · 1 ba · 1,606 sqft · $201/sqft · 46 days on market
Sold Aug 14, 2026 · 93.6% of list
302-6683 Horne Rd
$649,900
1 bd · 1 ba · 1,031 sqft · $630/sqft · 18 days on market
Sold Jul 30, 2026 · 100% of list
102-2057 Kaltasin Rd
$365,000
1 bd · 1 ba · 737 sqft · $495/sqft · 51 days on market
Sold Jul 20, 2026 · 98.9% of list
402-1820 Maple Ave
$949,900
2 bd · 2 ba · 1,116 sqft · $851/sqft · 55 days on market
Sold Jun 5, 2026 · 100% of list
203-6609 Goodmere Rd
$607,500
1 bd · 1 ba · 763 sqft · $796/sqft · 142 days on market
Sold Jun 3, 2026 · 98.1% of list
102-6671 Horne Rd
$699,000
2 bd · 2 ba · 872 sqft · $802/sqft · 50 days on market
Sold May 19, 2026 · 98.5% of list
8b-1000 Sookepoint Pl
$950,000
2 bd · 2 ba · 1,053 sqft · $902/sqft · 50 days on market
Sold May 5, 2026 · 96.5% of list
106-1987 Kaltasin Rd
$400,000
2 bd · 1 ba · 1,149 sqft · $348/sqft · 31 days on market
Sold Apr 22, 2026 · 94.1% of list
What would this home cost?
Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.
Toggle to enter as % or $ — the other field updates automatically.
We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.
Estimate
Monthly mortgage
—
Enter a rate to see the payment.
Loan amount
$2,350,000 − $470,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$520,000
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.
Want a real rate?
Connect with a local mortgage broker for current rates and what you'd actually qualify for.
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.