Property Type: Detached HouseOwnership: Freehold

1341 Madrona Dr

Nanoose Bay, BC V9P9C9

$4,795,000

3 bed4 bath4 parking2,498 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Lot size
0.51 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,207

Interior

Heating
Other
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomOther4-Piece
LoftOther6'7 x 15'11
BedroomAdditional Accommodation10'11 x 13'6
BathroomSecond level4-Piece
Primary BedroomSecond level11'11 x 13'5
BathroomMain level2-Piece
Laundry roomMain level8'2 x 10'1
BathroomMain level4-Piece
BedroomMain level9'3
DenMain level11'10 x 12'8
Exercise roomMain level7'6 x 8'6
KitchenMain level10'10 x 18'6
Dining roomMain level13'1 x 13'11
Living roomMain level13'8 x 17'1

Listing Information

MLS®
1043757
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

At the quiet end of Madrona Point, where Nanoose Bay meets the Salish Sea, this custom waterfront residence offers an exceptional blend of timeless design and effortless coastal living. Inspired by classic Cape Cod architecture, the home rests on a rare half-acre property bordered by parkland and mature forest, creating a private, sheltered setting immersed in nature. Designed to embrace its surroundings, the home is filled with natural light and expansive ocean views. Soaring 14-foot painted pine tongue-and-groove ceilings, hand-finished fir beams, engineered hardwood floors, and radiant in-floor heating create a warm, refined atmosphere throughout. At the heart of the open-concept living space, a striking 12-foot custom concrete island invites gathering, while floor-to-ceiling windows frame the ever-changing seascape. A wood-burning fireplace adds warmth and character for every season. The thoughtful layout offers two generous primary suites, each with walk-in closets and spa-inspired ensuites, providing exceptional flexibility for guests or main-level living. Connected by a covered breezeway, the charming guest cottage features a loft that sleeps four and a private northeast-facing deck, perfectly positioned for sunrise mornings. Outside, 270-degree waterfront views set the stage for an extraordinary lifestyle. Watch eagles soar, seals play, and passing marine life from beautifully landscaped gardens that lead to the shoreline. Protected waters are ideal for year-round kayaking, paddleboarding, and diving, while a private boat lift accommodates a 20-foot vessel for effortless days on the water. Just 10 minutes from Qualicum Beach Airport and 20 minutes from Nanaimo's ferry and Helijet terminals, this is a rare opportunity to experience West Coast waterfront living at its most peaceful, private, and inspiring. (id:63159)

Values & Trends

This listing

$1,920/sqft

Building average

No other active listings in this building

Nanoose average

$595/sqft

47 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Nanoose Bay ElementaryElementary5.7 km
Springwood ElementaryElementary6.2 km
Mountain View ElementaryElementary6.6 km
Ecole Secondaire Ballenas SecondarySecondary7.2 km
Pass/Woodwinds AlternateSecondary7.4 km
Errington ElementaryElementary8.0 km
Oceanside ElementaryElementary8.7 km
Arrowview ElementaryElementary12.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Qualicum (SD69)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($959,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,836,000.00
Periodic payment — Principal & Interest (monthly)$24,748.57
Additional monthly expenses (strata, tax, utilities, etc.)$1,308.92
Total monthly cost$26,057.49
Interest paid over 5-yr term$1,099,408.63
Balance at end of term$3,450,494.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$959,000
Stress test qualifying rate8.09%
Payment you must qualify for$29,497.50

Cash Needed at Closing

Minimum down payment$959,000
Estimated BC PTT$157,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,118,250

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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