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 as though you’re living aboard a boat while enjoying all the comfort and luxury of home. A setting this close to the water simply couldn’t be replicated today, making it an exceptionally rare offering. Meticulously restored from the foundation up with no expense spared, the interior retains the charm of a true Pan Abode while the exterior has been completely rebuilt. Accordion doors on both levels open fully to the deck, seamlessly extending your living space outdoors and inviting the surrounding natural beauty inside to complement the home’s warm, earthy finishings. Thoughtfully designed for year-round enjoyment, the home features an observatory-style study with a retractable roof, in-floor radiant heating, and a heat pump for efficient comfort in every season.
Address
10968 Madrona Dr
List Price
$2,699,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
North Saanich
Sub-Area
NS Deep Cove
Bedrooms
2
Bathrooms
3
Floor Area
2,232 Sq. Ft.
Lot Size
11326 Sq. Ft.
Lot Size (Acres)
0.26 Ac.
Year Built
1959
MLS® Number
1041351
Listing Brokerage
Pemberton Holmes Ltd. - Oak Bay
Basement Area
Finished, Walk-Out Access, With Windows
Postal Code
V8R 6K2
Tax Amount
$6,314.98
Tax Year
2025
Features
Concrete, Dining/Living Combo, Dishwasher, Dryer, Hardwood, Heat Pump, Hot Tub, Hot Water, Refrigerator, Skylight(s), Vaulted Ceiling(s), Washer, Wood Frames
Amenities
Balcony, Balcony/Deck, Balcony/Patio, Dock/Moorage, Foreshore Rights, Irregular Lot, Low Maintenance Yard, Marina Nearby, Primary Bedroom on Main, Private, Quiet Area, Serviced, Storage Shed
