For sale

$1,950,000

Est. $9,248/mo —

Land

•

0.50

acre (lot)

3934 Telegraph Bay Rd, Victoria, BC V8N 4H7

About this home

PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information. (id:51075)

Vacant landProperty Type

0.5 acresLot Size

$3,900,000Price/Acres

4 spacesParking

Listed by Harrison Siemens • Coldwell Banker Oceanside Real Estate

Listed by Corey Lister • Coldwell Banker Oceanside Real Estate

Listing updated: Aug 19, 2026 at 07:34am

Redfin checked: 35 minutes ago

•Source:CREA #1047051

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Tomorrow

Open houses

No upcoming open houses.

Around this home

Schools

1.1km

Frank Hobbs Elementary School

Public, K-5 • Assigned

1.9km

Arbutus Global Middle School

Public, 6-8 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Property zoned for residential use

Parking
Parking for 4 vehicles

Sale and tax history for 3934 Telegraph Bay Rd

Sale History
Tax History

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.5 Acres

Year renovated

—

Finished Sq. Ft.

2,226

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,226

Year built

1952

Style

Single Family Residential

Region

Capital Regional District

Parking Spaces

—

Basement

—

Accessible

—

Maintenance Fees

—

Garage

—

Features

—

Last updated by owner on May 8, 2023.

Tour for free, no strings attached

You'll hear from a local agent in about 0 minutes

Start an offer

Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in Cadboro Bay

Details provided by CREA and may not match the public record. Learn more.

More real estate resources

Municipalities
Neighborhoods

Sidney homes for sale	Colwood homes for sale	Sooke homes for sale
Langford homes for sale	Central Saanich homes for sale	Duncan homes for sale
North Cowichan homes for sale	Oak Bay homes for sale	Victoria homes for sale
View Royal homes for sale	Metchosin homes for sale	Highlands homes for sale
North Saanich homes for sale	Esquimalt homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the CIPO.

Redfin Unlimited Liability Company (trade name, Redfin) is a licensed and registered real estate brokerage in British Columbia and Ontario only.

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.