Property Type: Detached HouseOwnership: Freehold

3979 Goldstream Heights Dr

Shawnigan Lake, BC V8H2J1

$2,485,000

7 bed5 bath20 parking5,329 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Lot size
23.78 acres
Zoning
Other

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,869.74

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Wall unit, Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
20

Room Dimensions

RoomLevelDimensions
BedroomAuxiliary Building10'7 x 10'11
BedroomAuxiliary Building9'11 x 12'3
BathroomAuxiliary Building4-Piece
KitchenAuxiliary Building10'10 x 11'8
Living roomAuxiliary Building16'1 x 23'6
OtherAuxiliary Building
BedroomAuxiliary Building9'11 x 12'3
BedroomAuxiliary Building10'7 x 10'11
BathroomAuxiliary Building4-Piece
KitchenAuxiliary Building10'10 x 11'8
Living roomAuxiliary Building16'1 x 23'6
EnsuiteMain level5-Piece
Primary BedroomMain level15'10 x 16'4
BedroomMain level9'5 x 16'4
BathroomMain level4-Piece
BedroomMain level12'2 x 12'1
Family roomMain level21'2 x 14'4
PantryMain level11'8 x 6'1
KitchenMain level16'8
Eating areaMain level11'7
Living roomMain level19'6 x 28'3
Dining roomMain level8'6 x 24'2
Laundry roomMain level11'8 x 11'3
BathroomMain level2-Piece
EntranceMain level12'6

Listing Information

MLS®
1039432
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Set atop 23.7 breathtaking acres with panoramic views across the Saanich Inlet, the ocean, and surrounding mountains, this extraordinary private estate presents one of Vancouver Island's most compelling lifestyle opportunities. Offering complete privacy, remarkable versatility, and subdivision potential, this is a legacy property designed for generations to enjoy. The custom-built 3,300 sq.ft. rancher is thoughtfully designed for effortless main-level living, offering 3 bedrooms, 3 bathrooms, and an expansive family/flex room intentionally planned to accommodate two additional bedrooms if desired. Already roughed in for a media room, the space adapts seamlessly to your family's evolving needs. Radiant in-floor heating, an efficient heat pump, and a low-maintenance design deliver year-round comfort with effortless ownership. Adding tremendous value, the detached suite and accessory building bring in over $5,000/month. Perfect for multigenerational living, executive guests, rental income, or private home offices, that provides exceptional flexibility. A detached 1,695 sq.ft. garage offers abundant space for collectors, rec vehicles, boats, workshops, or virtually any hobby imaginable. Resort-inspired outdoor living is equally impressive. A spectacular infinity-edge pool appears to merge with the endless views beyond, while the private putting green, expansive patios, and beautifully landscaped grounds create an atmosphere worthy of a luxury retreat. Whether entertaining on a grand scale or enjoying complete solitude, every space has been designed to celebrate the remarkable setting. Offering luxury, income potential, extensive outbuildings, future subdivision possibilities, and an unmatched level of privacy just a short drive from Victoria, this is far more than a home—it is an opportunity to create the lifestyle you've always envisioned. Properties of this scale, flexibility, and calibre rarely become available. (id:63159)

Values & Trends

This listing

$466/sqft

Building average

No other active listings in this building

Shawnigan average

$658/sqft

38 active listing(s)

Parking: 20 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: Malahat

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

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

SchoolTypeDistance
Willway ElementaryElementary6.7 km
Lakewood ElementaryElementary7.0 km
Millstream ElementaryElementary7.5 km
Spencer Middle SchoolMiddle8.2 km
Ruth King ElementaryElementary8.3 km
Belmont SecondaryElementary8.6 km
Lighthouse Christian Academy(Independent)K-129.0 km
Crystal View ElementaryElementary9.5 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

Parks (1)

  • Wrigglesworth Lake Regional Park788 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($497,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,988,000.00
Periodic payment — Principal & Interest (monthly)$12,825.90
Additional monthly expenses (strata, tax, utilities, etc.)$838.48
Total monthly cost$13,664.38
Interest paid over 5-yr term$569,766.51
Balance at end of term$1,788,212.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$497,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,287.02

Cash Needed at Closing

Minimum down payment$497,000
Estimated BC PTT$52,550
Legal / closing costs (typical estimate)$1,500
Total cash needed$551,050

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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