Residentiae.
For Sale · Victoria

7318 MARK LANE

Victoria · V9E2A1

$3,795,000

3Bedrooms
3Bathrooms
2Parking
4,881Sq Ft

About this residence

Welcome to 7318 Mark Lane. A serene oceanfront retreat in Willis Point. This remarkable property offers an idyllic oceanfront escape that dreams are made of. With its own private dock and breathtaking views from nearly every room, this coastal gem is a sanctuary of serenity. The home features extremely large rooms that provide a sense of scale that must be experienced to be fully appreciated. It's an ideal canvas for both luxurious living and entertaining. The home boasts vaulted ceilings that create a sense of space and airiness, adding to the overall grandeur of the property with awe-inspiring vistas of Brentwood Marina and Senanus. Expansive walls of windows ensure you never miss a moment of the natural beauty surrounding you. The kitchen is a chef's dream, featuring two islands and modern amenities. It's not just a place for cooking; it's a gathering spot where friends and family can enjoy the beauty of the surroundings. The primary suite is a true haven, complete with a walk-in closet, ensuite bath, and a walkout to your very own hot tub. Relax and unwind while enjoying the sights and sounds of the ocean. With a generous 1500 square feet of deck and patio space, outdoor living is a delight. Take in the captivating views, soak up the sun, or entertain guests in style. The warm, calm waters of Saanich Inlet provide one of Vancouver Island's most coveted waterfront settings, perfect for boating, kayaking, paddleboarding, and all your water adventures. Prawning and crabbing are just a short distance away from your private wharf. Deep moorage is available for boats of all sizes, making it easy to indulge in your marine passions. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Living area
4,881 sq ft
Lot size
0.63
Parking
2 spaces
Fireplace
3
Year built
1997
Annual tax
$1
MLS®
995598
Board
Victoria
Status
Inactive
Listed
Apr 19, 2025
Updated
Apr 19, 2025

Room dimensions

RoomLevelDimensions
OtherMain level12' x 17'
Eating areaMain level10' x 17'
Laundry roomLower level5' x 6'
Family roomMain level14' x 14'
StorageLower level10' x 64'
BedroomLower level11' x 14'
BedroomLower level12' x 13'
DenMain level14' x 19'
EnsuiteLower level6-Piece
BathroomMain level2-Piece
BathroomLower level4-Piece
PatioLower level13' x 13'
Primary BedroomLower level17' x 21'
KitchenMain level14' x 19'
PatioLower level13' x 20'
Dining roomMain level12' x 12'
Living roomMain level23' x 26'
EntranceMain level13' x 14'
EntranceLower level9' x 12'

Features & finishes

Appliances

  • Hot Tub

Heating

  • Forced air
  • Propane
  • Oil

Lot

  • Private setting
  • Moorage
  • Irregular lot size

Financing

Mortgage calculator

Estimated monthly payment

$17,748/mo

Amortization

Loan amount

$3,036,000

Down payment

$759,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Victoria

About the area

Census · V9E
5,341
Population
51
Median age
$117,000
Median income
$1,250,000
Median home value
81%
Home ownership
25 min
Avg. commute

Age distribution

0–14
12%
15–24
9%
25–44
21%
45–64
31%
65+
27%

Tenure

81% owners19% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 7318 MARK LANE?

7318 MARK LANE is listed for $3,795,000, in Victoria.

How many bedrooms and bathrooms does 7318 MARK LANE have?

It offers 3 bedrooms and 3 bathrooms.

What type of home is 7318 MARK LANE?

7318 MARK LANE is a Single Family, House, built in 1997.

How large is 7318 MARK LANE?

The home offers approximately 4,881 sq ft of living space on a lot measuring 0.63.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $17,748. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $1 per year.

Is there parking?

Yes — 7318 MARK LANE includes 2 parking spaces.

What is the Victoria area like?

Victoria has a population of about 5,341, a median age of 51, a 81% home-ownership rate, with an average commute of about 25 minutes.

What is the average home value in Victoria?

The median dwelling value in this area is approximately $1,250,000, based on census data via Neighbourly.

What is the median household income in Victoria?

The median household income in this area is approximately $117,000.

Private viewings

Arrange a private viewing of 7318 MARK LANE.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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