For Sale: 10968 Madrona Drive, North Saanich, BC - REW
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$2,699,000
2 bd 3 ba 2232 sf House
10968 Madrona Drive
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10968 Madrona DriveNorth Saanich, BC, V8R 6K2

Deep Cove
  • 2 Bed
  • 3 Bath
  • 2232 Sqft
  • House

About this home

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 like you're living aboard a boat, with all the comforts of home. A setting this close to the water couldn't be replicated today, making it exceptionally rare. Restored from the foundation up with no expense spared, the home retains the charm of a true Pan Abode. In the main living area, an entire wall of glass doors opens fully to the deck, blurring the line between indoors and out. Upstairs, an observatory-style study features a full retractable roof. The two-bedroom home offers two full baths, a half bath, and a laundry room, with in-floor radiant heat and a heat pump for year-round comfort. Outside, enjoy a hot tub, EV charger, and double-car garage, plus a shared foreshore lease and dock in a protected bay for your boat, kayaks, and paddleboards. City water and sewer complete this rare offering.
Listed by: James Bridge, Pemberton Holmes Ltd. - Oak Bay

Home facts and features

Price details
List Price
Gross Taxes for 2025
$6,315
Home facts
Bedrooms
2
Full Bathrooms
3
Parking Spaces
5
Parking Details
Detached, Ev Charger: Dedicated - Installed, Garage Double
Property Type
House
Lot Size
11326 ft²
Year Built
Built in 1959 (67 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Insulation: Ceiling,Insulation: Walls,Shingle-Wood
Heating Type
Heat Pump, Hot Water
Cooling
Air Conditioning
Basement Details
Finished,Walk-Out Access,With Windows
Features
Dock/moorage, Fireplace: Gas,living Room,propane, Foreshore Rights, Irregular Lot, Private, Quiet Area, Serviced
Amenities
Dining/living Combo, Hot Tub, Marina Nearby, Primary Bedroom On Main, Vaulted Ceiling(s)
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
Pemberton Holmes Ltd. - Oak Bay
Listing details
Days on REW
28 Days
Property Views
244
MLS® Number
1041351
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Deep Cove Elementary School
  • Public
  • K - 5
  • In Catchment
Parkland Secondary School
  • Public
  • 9 - 12
  • In Catchment
North Saanich Middle School
  • Public
  • 6 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Sales History data is from public records.
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.