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4035 Locarno Lane
SE Arbutus Saanich V8N 3Z9

$7,688,000
Residential beds: 4 baths: 6.0 6,044 sq. ft. built: 2000

Main Photo: 4035 Locarno Lane in Saanich: SE Arbutus House for sale (Saanich East)  : MLS®# 935976
Photo 1: 4035 Locarno Lane in Saanich: SE Arbutus House for sale (Saanich East)  : MLS®# 935976
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Photo 52: 4035 Locarno Lane in Saanich: SE Arbutus House for sale (Saanich East)  : MLS®# 935976
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Status:
Active
Prop. Type:
Residential
MLS® Num:
935976
Bedrooms:
4
Bathrooms:
6
Year Built:
2000
So picturesque it was once the setting of a Hollywood movie featuring Matthew McConaughey. This luxurious 4-bedroom 6-bath 6,044-foot residence is stationed on a manicured 1.01-acre waterfront lot with 370 feet of shoreline. Just 3 mins drive to UVic and 15 minutes from downtown Victoria, BC, this gated property offers ultimate privacy, 270-degree water and island views, expansive patios, an infinity pool, 20-foot primary room ceilings, geo-thermal heated granite floors and more. While virtually move-in ready, 4035 Locarno Lane is also ripe with opportunities for transformation: Angular exterior features harken to contemporary Scandinavian design that could be readily brought to life with a new metal roof and HardiePlank siding. Similarly, this residence’s north and south wings offer distinct living spaces that could be devoted to an owner’s suite, and quarters to house children / young adults, guests, or home support staff to allow the future owner to gracefully age in place.
Property Type:
Residential
Type:
Single Family Detached
Year built:
2000 (Age: 24)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
6,044 sq. ft.
Listing General Location:
SE Arbutus, Saanich East
Bedrooms:
4
Bathrooms:
6.0 (Full:-/Half:-)
Lot Size:
1.01 acre(s)
Kitchens:
1
Home Style:
Contemporary
Taxes:
Construction:
Frame Wood, Insulation: Ceiling, Insulation: Walls, Shingle-Wood
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Wood
Levels:
3
Other Structures:
Storage Shed
Ceiling Heights:
Floor finish:
Carpet, Tile, Other
Total Building Area:
6,922 sq. ft.
Total Unfinished Area:
878 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
0
# Second Level Bedrooms:
4
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
4
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
3,572 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
2,472 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
3
Fireplace Details:
Family Room, Gas, Living Room, Recreation Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Septic System
Cooling:
HVAC
Heating:
Natural Gas, Radiant Floor
Fireplace:
Yes
Warranty:
No
Pending Date:
Dishwasher, Dryer, Oven Built-In, Oven/Range Gas, Refrigerator, Washer
Bar, Cathedral Entry, Ceiling Fan(s), Controlled Entry, Dining Room, Eating Area, French Doors, Jetted Tub, Swimming Pool, Vaulted Ceiling(s)
Blinds, Screens, Skylight(s)
Balcony/Patio, Fenced, Garden, Lighting, Low Maintenance Yard, Sprinkler System, Swimming Pool, Water Feature
Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Accessible Entrance, Ground Level Main Floor, No Step Entrance
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
1
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
4
Other Equipment:
Central Vacuum, Electric Garage Door Opener, Pool Equipment, Security System
Property Condition:
Contact List Licensee, Resale
Exposure / Faces:
West
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Acreage, Central Location, Cul-De-Sac, Easy Access, Irregular Lot, Irrigation Sprinkler(s), Landscaped, Level, Marina Nearby, Near Golf Course, Private, Walk on Waterfront
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
3
Garage:
Yes
Parking Features:
Attached, Detached, Driveway, Garage, Garage Double
Total Parking Spaces:
5
Road Surface Type:
Paved
Common Parking Spaces:
0
Total Units:
Date Listed:
Sep 12, 2023
Original Price:
7688000.0
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    Rendering of exterior with new roof and siding

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Listed by Engel & Volkers Vancouver Island
Data was last updated April 24, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,542,000
Min list price:
$1,060,000
Max list price:
$7,750,000
Avg days on market:
68
Min days on market:
2
Max days on market:
246
Avg price per sq.ft.:
$574.4
These statistics are generated based on the current listing's property type and located in SE Arbutus. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.