1341 Madrona Dr

1341 Madrona Dr · Nanoose Bay · House · 3 bed · 4 bath · $4,995,000 · MLS 1023429

Nanoose Bay, British Columbia
C$4,995,000
For sale
1341 Madrona Dr

1341 Madrona Dr is located in Nanoose Bay. Property snapshot: House, 3 bed, 4 bath, listed at $4,995,000, MLS 1023429. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded lis

List Price: $4,995,000
MLS: 1023429
Bedrooms: 3
Bathrooms: 4
Interior Size: 2,498 sqft
Days on Market: -
Days on Site: 100
Deal Score: 50/100
Price History: Latest recorded list price 4995000.00

Local Decision Guide

How should buyers evaluate 1341 Madrona Dr?

Start by reading this listing in its Nanoose Bay context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1341 Madrona Dr?

This page shows a list price of $4,995,000 with MLS 1023429.

What type of home is this Nanoose Bay listing?

The page shows House, 3 bed, 4 bath at 1341 Madrona Dr. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 4995000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

At the secluded terminus of Madrona Point, where Nanoose Bay meets the Salish Sea, lies a custom waterfront residence of rare distinction. Drawing inspiration from classic Cape Cod design, this home occupies an irreplaceable 0.5-acre parcel bordered by parkland and mature coastal growth. The result is a naturally protected sanctuary that feels deeply connected to its surroundings—an ideal primary residence or an elevated coastal escape. The interior unfolds with impressive scale and warmth. Painted pine tongue-and-groove ceilings rise to 14 feet, accented by hand-finished fir beams, while engineered hardwood and radiant in-floor heating provide enduring comfort. The open-concept main level is anchored by a dramatic 12-foot custom concrete island, creating a natural hub for gathering. Living and dining spaces are framed by floor-to-ceiling windows that draw in uninterrupted ocean views and the soothing presence of the sea, complemented by a cozy wood-burning fireplace. Accommodations include two spacious primary suites, each featuring walk-in closets and spa-like ensuites, offering flexibility for single-level living or a private upper-floor retreat. A covered breezeway connects the main house to a charming guest cottage, complete with a loft that sleeps four and a northeast-facing deck—perfect for sunrise views. The outdoor experience is defined by sweeping 270-degree vistas and frequent wildlife sightings. The calm, protected waters invite year-round paddle boarding, kayaking, and diving. Irrigated garden beds cascade toward the shoreline, where a private boat lift accommodates a 20-foot vessel. Located just 10 minutes from Qualicum Beach Airport and 20 minutes from Nanaimo’s ferry and Helijet services, this property represents a rare and artful expression of West Coast living. (id:56153)

Property Details

House
Building Type
3
Bedrooms
4
Bathrooms
2011
Year Built
15 years
Age
100
Days on Site
22,216 sf
Lot Area
2,498 sqft
Interior Size
C$2,000
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29284694 (1023429)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$4,995,000

Lot Area: 22,216 sf

PID: 027-984-257

Days on Site: 100 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-04-15 06:09 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Choices Market
About 4.5 km away
319 East Island Highway
Eat Fresh Urban Market
About 4.5 km away
164 Bagshaw Street
Shopping Centres
Sunrise Ridge Waterfront Resort
About 1.5 km away
1175 Resort Drive
Tigh-Na-Mara Seaside Spa Resort & Conference Centre
About 1.7 km away
1155 Resort Drive, Parksville

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 15 Apr 2026 05:08:08 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Island Living (QU)

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