The latest BC Assessment numbers have been released and so have the top valued properties on Vancouver Island!
For your enjoyment (because who doesn’t love to snoop a little?), we’ve pulled a few of the most expensive homes from the Greater Victoria area to share.
Similar to previous years, Oak Bay seems to rule the list, with three of the top five residing in the municipality.
See for yourself! Here’s the top 5 most expensive homes in Greater Victoria:
3160 Humber Road
This waterfront home is listed as Victoria’s most expensive property, and has been for a few years now.
It’s said to be worth a whopping $17,286,000—a significant increase from it’s 2024 assessment at $16,244,000.
This home is a single family residential, and occupies most of the peninsula between Loon Bay and Cadboro Bay adjacent to the Victoria Yacht Club.
- Location: Oak Bay
- Valued at: $17,286,000
- Square Feet: 11,291
- Bedrooms: 5
- Bathrooms: 7
- Residence type: Single family residential
1850 Lands End Road
Built in 1983, this North Saanich residence features natural lighting from large windows and skylights that face more than 1,500 feet of ocean views.
It’s assessed at $16,768,000, a drop from last year’s $17,501,000.
This home sits on 24.57 acres of oceanfront property and offers three bedrooms and three bathrooms. The property also includes a caretaker’s cottage and an abundance of parking spots.
- Location: North Saanich
- Valued at: $16,768,000
- Square Feet: 3,587
- Bedrooms: 3
- Bathrooms: 3
- Residence Type: Acreage
8408 Lawrence Road
This custom-designed home has steadily risen in worth over the last couple of years. It’s currently worth $14,149,000—up from last year’s $13,270,000.
It’s surrounded by lush forests and gardens, features a private beach and boat launch, has eight bathrooms, a yoga studio, an infinity pool, an underground wine cellar as well as a private theatre.
- Location: Central Saanich
- Valued at: $14,149,000
- Square Feet: 13,000
- Bedrooms: 6
- Bathrooms: 8
- Residence type: Acreage
3175 Beach Drive
This gorgeous waterfront acreage was built in 1913, containing both beauty and character.
It’s currently worth $13,489,000, and according to BC Assessment, it was only worth $1,816,518 last year—making this either a typo or the most significant increase we’ve seen…perhaps ever.
- Location: Oak Bay
- Valued at: $13,489,000
- Square Feet: 10,373
- Bedrooms: 8
- Bathrooms: 6
- Residence type: Acreage
3150 Rutland Road
Another historically significant character home, this waterfront acreage was built in 1914 and is assessed at $13,364,000—a jump from last year’s $12,735,000.
This property offers 2.24 acres of manicured grounds, and includes almost 700 feet of private waterfront, a secluded beach area and three islets that provides seasonal moorage.
- Location: Oak Bay
- Valued at: $13,364,000
- Square Feet: 9,874
- Bedrooms: 5
- Bathrooms: 7
- Residence type: Acreage
The full list of most expensive homes can be seen here.
Which house out of the five would you prefer? Let us know in the comment section below!
