Perched at the water's edge on a private waterfront lot in Deep Cove, this retreat-like property offers a rare connection to the ocean. With the shoreline just steps away, you'll feel like you're living aboard a boat, with all the comforts of home. A setting this close to the water couldn't be replicated today, making it exceptionally rare. Restored from the foundation up with no expense spared, the home retains the charm of a true Pan Abode. In the main living area, an entire wall of glass doors opens fully to the deck, blurring the line between indoors and out. Upstairs, an observatory-style study features a full retractable roof. The two-bedroom home offers two full baths, a half bath, and a laundry room, with in-floor radiant heat and a heat pump for year-round comfort. Outside, enjoy a hot tub, EV charger, and double-car garage, plus a shared foreshore lease and dock in a protected bay for your boat, kayaks, and paddleboards. City water and sewer complete this rare offering.
Driveway is a little hard to find, it's an easement between 10972 and 10964 Madrona Drive. Lots of parking once you drive down to the house.
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Patio
23'7.01 m × 6'1.83 m
Main Floor
Patio
31'9.45 m × 21'6.40 m
Main Floor
Kitchen
17'5.18 m × 9'2.74 m
Main Floor
Living Room
19'5.79 m × 12'3.66 m
Main Floor
Entrance
9'2.74 m × 4'1.22 m
Main Floor
Laundry
7'2.13 m × 5'1.52 m
Main Floor
Bedroom - Primary
17'5.18 m × 11'3.35 m
Main Floor
Deck
28'8.53 m × 14'4.27 m
2nd Floor
Balcony
6'1.83 m × 3'.91 m
2nd Floor
Sunroom
9'2.74 m × 7'2.13 m
Lower Level
Patio
28'8.53 m × 14'4.27 m
Lower Level
Family Room
23'7.01 m × 18'5.49 m
Lower Level
Bedroom
15'4.57 m × 9'2.74 m
Other
Garage
21'6.40 m × 17'5.18 m
Floor
Ensuite
Pieces
Other
Main Floor
No
5
5-Piece
Main Floor
No
2
2-Piece
Lower Level
No
3
3-Piece
Assessed:
1844000.0
Assessment year:
2026
Jurisdiction name:
District of North Saanich
Legal Description:
LOT 12, BLOCK 59, PLAN VIP1211, SECTION 19, RANGE 3W, NORTH SAANICH LAND DISTRICT
& FORESHORE FRONTING ON DEEP COVE - PRIVATE MOORAGE, LEASE/PERMIT/LICENCE # 113094
Data was last updated June 24, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$1,747,000
Min list price:
$799,000
Max list price:
$3,998,000
Avg days on market:
63
Min days on market:
8
Max days on market:
160
Avg price per sq.ft.:
$763.63
These statistics are generated based on the current listing's property type
and located in
NS Deep Cove. Average values are
derived using median calculations. This data is not produced by
the MLS® system.