3973 Cove Rd
Ladysmith, BC V9G1K5
$4,800,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.86 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,948.88
Interior
- Heating
- Heat Pump, Electric, Propane, Wood
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Lower level | 12'0 x 11'0 |
| Kitchen | Lower level | 12'0 x 10'0 |
| Bedroom | Lower level | 14'0 x 12'6 |
| Bathroom | Lower level | 4-Piece |
| Utility room | Lower level | 10'9 x 8'4 |
| Recreation room | Lower level | 11'3 x 15'8 |
| Recreation room | Lower level | 25'4 x 15'9 |
| Recreation room | Lower level | 15'5 x 17'2 |
| Bathroom | Lower level | 8'9 x 8'10 |
| Primary Bedroom | Second level | 13'10 x 21'11 |
| Bedroom | Second level | 29'10 x 22'5 |
| Bedroom | Second level | 11'9 x 13'1 |
| Bedroom | Second level | 11'5 x 17'9 |
| Balcony | Second level | 6'2 x 18'1 |
| Bathroom | Second level | 10'10 x 13'2 |
| Ensuite | Second level | 9'11 x 15'0 |
| Bathroom | Second level | 8'10 x 4'9 |
| Porch | Main level | 41'1 x 6'6 |
| Pantry | Main level | 5'7 x 11'1 |
| Office | Main level | 9'8 x 10'4 |
| Living room | Main level | 11'11 x 11'9 |
| Laundry room | Main level | 11'0 x 12'5 |
| Kitchen | Main level | 11'3 x 21'11 |
| Entrance | Main level | 9'1 x 10'3 |
| Family room | Main level | 18'10 x 17'11 |
| Dining room | Main level | 17'2 x 12'10 |
| Dining nook | Main level | 9'9 x 12'0 |
| Bathroom | Main level | 6'6 x 5'11 |
Listing Information
- MLS®
- 1044180
- Listed
- July 24, 2026
- Time on market
- On the market for 38 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.
Description
Welcome to a truly exceptional coastal retreat, where luxury, craftsmanship, and lifestyle come together seamlessly. Ideally located just 10 minutes from the airport and 25 minutes to the ferry, this spectacular 6,000 sq ft residence offers both convenience and serene waterfront living. No detail has been overlooked and no expense spared in the finishing of this remarkable home. From the moment you enter, you’ll be captivated by the quality of materials and thoughtful design throughout. The dream kitchen is a standout, featuring rich walnut and birch cabinetry, premium appliances, and a fully equipped butler’s pantry—perfect for entertaining on any scale.Designed for comfort and enjoyment, the home opens onto a massive entertainment deck complete with a swim spa, creating the ultimate indoor-outdoor lifestyle. Step beyond to enjoy excellent beach access leading to the calm, protected waters of beautiful Evening Cove—ideal for swimming, kayaking, and peaceful relaxation. This property also includes a fully legal suite, offering flexibility for guests, extended family, or additional income potential. Built for peace of mind as well as luxury, the home features a durable 50-year fire-rated roof, 400 amp electrical service, and a backup generator to ensure year-round reliability. Set in an area of high-quality, inclusive homes, this property offers not just a residence, but a lifestyle—where natural beauty, privacy, and refined living meet. A rare opportunity to own a stunning waterfront home in a truly special location. (id:63159)
Values & Trends
This listing
$797/sqft
Building average
—
No other active listings in this building
Ladysmith average
$545/sqft
69 active listing(s)
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: Nanaimo
15°C
Partly Cloudy
Humidity 85%
Wind N 2 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
8,990
(2021 Census)
+5.3% since 2016
Density: 746.7/km²
Dwellings: 4,079
Median household income: $81,000
After-tax: $72,500
Immigrant population: 12.7%
Top countries of origin (% of total population)
- United Kingdom4.9% · 440
- United States of America1.3% · 120
- Germany0.7% · 65
- Netherlands0.5% · 45
- Poland0.3% · 25
- South Africa, Republic of0.3% · 25
- India0.3% · 25
- Mexico0.2% · 20
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Stz'uminus Senior Secondary(Independent) | Secondary | 574 m |
| Ladysmith Primary | Elementary | 3.8 km |
| Ladysmith Intermediate | Elementary | 3.9 km |
| Ladysmith Secondary | Secondary | 4.1 km |
| Thetis Island Elementary | Elementary | 6.3 km |
| Chemainus Elementary Community School | Elementary | 6.9 km |
| Chemainus Secondary | K-12 | 7.4 km |
| North Oyster Elementary | Elementary | 8.4 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.
Nearby Places
Gyms (1)
- Unnamed · 3949 Shell Beach Road653 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
Similar Listings Nearby
No similar listings found nearby right now.
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Financial Ledger
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Financial Summary
Cash Needed at Closing
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.