Lagoon
Avg. Sale PriceSingle Family (6 mo)
$895,000
Price RangeActive Residential
$625,000 - $2.8M+
Neighborhood Overview
Lagoon is Colwood's premier waterfront neighborhood, blessed with direct access to Esquimalt Lagoon, one of Greater Victoria's most beautiful natural features. This highly desirable area encompasses beachfront properties, ocean-view homes, and family residences within walking distance of the sandy shores, making it a sought-after destination for buyers seeking coastal living without leaving the Westshore.
Why Buyers Choose Lagoon
Esquimalt Lagoon is one of the only genuinely protected swimming lagoons in the Greater Victoria area, and properties within walking distance of the sandy beach hold that distinction permanently thanks to the federal bird sanctuary designation protecting the natural formation. Buyers accept lower commercial density and longer drives for daily shopping because the daily beach experience, wildlife viewing, and coastal trail access represent a lifestyle that cannot be replicated at a lower price anywhere else in Colwood.
Typical Homes in Lagoon
Beachfront estates on larger lots trade between $1.8 million and $2.8 million, with the most desirable properties offering private foreshore access. Ocean-view and ocean-proximity homes on the inland side of the neighbourhood range from $625,000 to $850,000, depending on lot size and sight lines to the lagoon. Condo and townhome inventory is minimal; this is predominantly a detached-home market with character properties from multiple eras.
Looking for investment opportunities in this area?
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3221 Heatherbell Rd, Colwood BC V9C 0P4
Colwood
0.0 bath · 598 days
Courtesy of Colliers
MLS®
280 Milburn Dr, Colwood BC V8W 4A3
Colwood
5 bed · 4.0 bath · 3,502 sf
Courtesy of Pemberton Holmes Ltd.
MLS®
3518 Parandeh Lane, Colwood BC V9C 1X7
Colwood
3 bed · 2.0 bath · 1,853 sf
Courtesy of Pemberton Holmes Ltd.
MLS®
3111A Havenwood Lane #103, Colwood BC V9C 0M7
Colwood
2 bed · 2.0 bath · 1,065 sf
Courtesy of Royal LePage Coast Capital - Oak Bay
MLS®
3230 Selleck Way #203, Colwood BC V9C 0E6
Colwood
1 bed · 1.0 bath · 801 sf
Courtesy of Macdonald Realty
MLS®
3223 Selleck Way #405, Colwood BC V9C 0E7
Colwood
1 bed · 1.0 bath · 767 sf
Courtesy of DFH Real Estate Ltd.
MLS®Pending Homes in Lagoon
Nearby Neighborhoods
Discover other neighborhoods in Colwood
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Featured Listings

2201 Arbutus Cove Lane, Saanich BC V8N 6N7
Saanich, BC
7 bed · 5.0 bath · 4,861 sf
Single Family Residence
Courtesy of Pemberton Holmes Ltd.
MLS® Reciprocity
1525 Loat St, Nanaimo BC V9S 3L5
Nanaimo, BC
4 bed · 3.0 bath · 2,287 sf
Single Family Residence
Courtesy of REMAX Professionals (NA)
MLS® Reciprocity
1287 Verdier Ave #32, Central Saanich BC V8M 1H1
Central Saanich, BC
3 bed · 3.0 bath · 1,561 sf
Townhouse
Courtesy of RE/MAX Generation - The Neal Estate Group
MLS® Reciprocity
2452 Avro Arrow Dr, Comox BC V9M 0A6
Comox, BC
3 bed · 3.0 bath · 2,107 sf
Single Family Residence
Courtesy of Royal LePage-Comox Valley (CV)
MLS® Reciprocity
2820 Cosgrove Cres, Nanaimo BC V9S 3P6
Nanaimo, BC
5 bed · 3.0 bath · 2,893 sf
Single Family Residence
Courtesy of REMAX Professionals (NA)
MLS® Reciprocity
981 Pratt Rd, Hilliers BC V9K 1W5
Hilliers, BC
6 bed · 4.0 bath · 3,000 sf
Single Family Residence
Courtesy of Easy List Realty
MLS® Reciprocity