Luxury Collection
Waterfront Luxury Homes
Oceanfront estates, private dock properties, and premium coastal living on Vancouver Island — $2M and above.
Vancouver Island is home to some of Canada's most spectacular waterfront real estate. From sheltered harbours on the Saanich Peninsula to dramatic west-coast oceanfront near Sooke, luxury waterfront estates here offer a rare combination of natural grandeur, year-round mild climate, and proximity to world-class amenities. Our curated collection features properties with private docks, panoramic ocean views, and direct water access — all priced at $2 million and above.
Featured Waterfront Estates
3175 Beach Dr, Oak Bay BC V8R 6L7
Oak Bay, BC
$27,999,000
12 bed · 10.0 bath
3200 Clam Bay Rd, Pender Island BC V0M 2M1
Pender Island, BC
$17,800,000
5 bed · 7.0 bath
7756 West Saanich Rd, Central Saanich BC V8M 1R8
Central Saanich, BC
$16,299,000
4 bed · 5.0 bath
828 Odyssey Lane, Ucluelet BC V0R 3A0
Ucluelet, BC
$15,900,000
10 bed · 13.0 bath
1 Stuart Island, Stuart Island BC V0P 1V0
Stuart Island, BC
$15,488,000
12 bed · 10.0 bath
1257 Cherry Point Rd, Cowichan Bay BC V0R 1N2
Cowichan Bay, BC
$14,500,000
10 bed · 15.0 bath
605 Senanus Dr, Central Saanich BC V8M 1S6
Central Saanich, BC
$13,995,000
8 bed · 9.0 bath
848 Lands End Rd, North Saanich BC V8L 5L3
North Saanich, BC
$12,600,000
6 bed · 10.0 bath
4040 White Rock St, Saanich BC V8N 2K4
Saanich, BC
$10,500,000
4 bed · 6.0 bath
3445 Beach Dr, Oak Bay BC V8R 6M6
Oak Bay, BC
$9,950,000
5 bed · 9.0 bath
10865 Fernie Wynd Rd, North Saanich BC V8L 5H8
North Saanich, BC
$9,895,000
6 bed · 8.0 bath
4570 Bissenden Pl, Saanich BC V8N 3K4
Saanich, BC
$7,690,000
4 bed · 5.0 bath
Premier Waterfront Areas on Vancouver Island
Ten Mile Point & Cadboro Bay
Saanich's most prestigious oceanfront enclave, with calm protected waters ideal for moorage and kayaking. Properties here enjoy sweeping views of Haro Strait and the Gulf Islands.
Oak Bay Waterfront
Heritage coastal character meets contemporary luxury along Beach Drive. Among Victoria's most coveted addresses, with pastoral views to Mount Baker and the Olympic Mountains.
North Saanich & Sidney
Sheltered harbours, easy Gulf Island ferry access, and private marina properties. A favourite for boating enthusiasts seeking luxury with a relaxed pace.
Sooke & Metchosin
Dramatic rocky Pacific coastline for those seeking privacy, acreage, and raw natural beauty. Properties here command exceptional seclusion with rugged ocean frontage.
Buying Waterfront Luxury Real Estate in BC
Purchasing a waterfront luxury property on Vancouver Island requires navigating considerations unique to coastal BC real estate. Foreshore rights — whether the property includes owned foreshore or a foreshore lease from the Province — significantly affect what you can build and how you can use the water's edge. A dock or float plane base requires its own permit from Transport Canada in addition to provincial foreshore approval.
Riparian area regulations protect a buffer zone adjacent to the water, limiting construction within a set distance from the high-water mark. Flood construction levels vary by municipality and must be factored into any renovation or new build. Insurance for waterfront properties — particularly those exposed to storm surge or on flood plains — carries different underwriting considerations than inland homes.
Our team works exclusively on Vancouver Island and has guided hundreds of buyers through luxury waterfront transactions. We connect you with the right inspectors, environmental consultants, and marine assessors to ensure your investment is fully informed.
Frequently Asked Questions
What makes Vancouver Island waterfront properties unique?
Vancouver Island offers some of Canada's most sought-after waterfront real estate: sheltered Pacific inlets, private Gulf Island settings, year-round mild climate, and world-class marine recreation. Luxury waterfront estates here combine natural grandeur with proximity to Victoria's urban amenities.
What should I know before buying a waterfront luxury home on Vancouver Island?
Key considerations include: foreshore lease vs. freehold shoreline ownership, riparian area regulations, shoreline setback requirements, flood construction levels, dock and moorage permits, and marine insurance. Working with an experienced local realtor is essential to navigate these BC-specific factors.
What is the price range for luxury waterfront homes on Vancouver Island?
Luxury waterfront properties on Vancouver Island typically start at $2 million and can exceed $20 million for estate-grade oceanfront with acreage and private dock. Premier areas like Ten Mile Point, Oak Bay, Saanich Peninsula, and Sooke's rocky coastline command the highest premiums.
Which areas offer the best luxury waterfront homes near Victoria?
The most prestigious waterfront areas near Victoria include Ten Mile Point and Cadboro Bay in Saanich, the Oak Bay coastline, North Saanich harbours near Sidney, and the dramatic oceanfront in Metchosin and East Sooke. Each area offers a distinct character from protected marina settings to rugged west-facing shores.
Related Resources
All Luxury Homes
Browse all $2M+ luxury neighbourhoods on Vancouver Island.
All Waterfront Listings
Waterfront homes at every price point across the Island.
Buyers Guide
Step-by-step guide to purchasing BC real estate.
Ten Mile Point
Saanich's most prestigious oceanfront enclave.
Metchosin
Rural acreage and dramatic west-coast oceanfront.
Contact a Specialist
Connect with our luxury waterfront team.
Featured Listings
For Sale
$815,000
3162 Sunset Dr, Chemainus BC V0R 1K2
Chemainus, BC
4 bed · 3.0 bath · 2,218 sf
Single Family Residence
Courtesy of RE/MAX Island Properties (DU)
MLS® Reciprocity
For Sale
$679,000
4480 Burde St, Port Alberni BC V9Y 3K6
Port Alberni, BC
4 bed · 3.0 bath · 2,763 sf
Single Family Residence
Courtesy of Royal LePage Island Living (PK)
MLS® Reciprocity
For Sale
$325,000
1265 Cherry Point Rd # 3, Cowichan Bay BC V0R 1N2
Cowichan Bay, BC
2 bed · 1.0 bath · 1,126 sf
Manufactured Home
Courtesy of RE/MAX Island Properties (DU)
MLS® Reciprocity
For Sale
$874,900
90 Wildwood Pl, Bowser BC V0R 1G0
Bowser, BC
3 bed · 2.0 bath · 1,574 sf
Manufactured Home
Courtesy of Royal LePage Island Living (QU)
MLS® Reciprocity
For Sale
$665,000
130 Corbett Rd # 3, Salt Spring BC V8K 1T2
Salt Spring, BC
2 bed · 2.0 bath · 1,425 sf
Townhouse
Courtesy of RE/MAX Salt Spring
MLS® Reciprocity
For Sale
$455,000
991 Cloverdale Ave # 212, Saanich BC V8X 2T5
Saanich, BC
2 bed · 1.0 bath · 914 sf
Condo Apartment
Courtesy of Sutton Group West Coast Realty
MLS® Reciprocity