4005 Locarno Lane

4005 Locarno Lane · Saanich, Arbutus · House · 4 bed · 3 bath · $2,089,000 · MLS 1038604

Saanich, British Columbia · Neighbourhood: Arbutus
C$2,089,000
For sale
4005 Locarno Lane

4005 Locarno Lane is located in Saanich (Arbutus). Property snapshot: House, 4 bed, 3 bath, listed at $2,089,000, MLS 1038604. 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 reco

List Price: $2,089,000
MLS: 1038604
Bedrooms: 4
Bathrooms: 3
Interior Size: 2,659 sqft
Days on Market: -
Days on Site: 2
Deal Score: 50/100
Price History: Latest recorded list price 2089000.00

Local Decision Guide

How should buyers evaluate 4005 Locarno Lane?

Start by reading this listing in its Saanich Arbutus 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 4005 Locarno Lane?

This page shows a list price of $2,089,000 with MLS 1038604.

What type of home is this Saanich, Arbutus listing?

The page shows House, 4 bed, 3 bath at 4005 Locarno Lane. 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 2089000.00.

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

Tucked away on a quiet Arbutus lane just moments from the shoreline, this exceptional residence offers a rare blend of timeless architecture, mature gardens, and coastal living. Originally designed by renowned architect Pamela Charlesworth and extensively renovated in 2000, the home has been thoughtfully refined into a private retreat where nearly every room enjoys picturesque views of the surrounding landscape. The property is defined by its extraordinary gardens—an irreplaceable collection of mature roses, clematis, rhododendrons, specimen trees, and layered perennial plantings that create year-round beauty and remarkable privacy. Winding pathways, intimate sitting areas, and thoughtfully designed outdoor spaces invite both quiet reflection and effortless entertaining, while the seamless connection between home and garden creates a lifestyle rarely found today. Designed for comfortable everyday living, the main level offers spacious principal rooms, three bedrooms, and two full bathrooms, providing the ease of predominantly single-level living. Upstairs, a private primary retreat serves as a peaceful sanctuary complete with a dressing room and luxurious five-piece ensuite overlooking the gardens below. Beyond its beauty, the property represents decades of thoughtful stewardship. Established garden layering, succession planting, mature specimen plantings, and comprehensive irrigation infrastructure have created a landscape that would take generations to recreate. Located just steps from the beach and minutes from the University of Victoria, this is a rare opportunity to own a home that offers both privacy and convenience in one of Victoria’s most sought-after coastal neighbourhoods. Properties of this calibre are increasingly difficult to find, combining architectural pedigree, established grounds, and an exceptional lifestyle setting. A home to be enjoyed today and appreciated for generations to come. (id:56153)

Property Details

House
Building Type
4
Bedrooms
3
Bathrooms
2000
Year Built
26 years
Age
2
Days on Site
18,544 sf
Lot Area
2,659 sqft
Interior Size
C$786
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29873211 (1038604)

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Site Context

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Property Summary

Price: C$2,089,000

Lot Area: 18,544 sf

PID: 000-782-050

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-08

Updated on: 2026-06-08 04:02 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
Pepper's Foods
About 1.4 km away
3829 Cadboro Bay Road
Thrifty Foods
About 2.3 km away
1626 McKenzie Avenue
Shopping Centres
Tuscany Village
About 2.3 km away
Shelbourne Village Square
About 2.6 km away
3749 Shelbourne Street, Saanich
Parks / Green Space
TEN MILE POINT ECOLOGICAL RESERVE
About 3.5 km away
3066 · 00
OAK BAY ISLANDS ECOLOGICAL RESERVE
About 3.5 km away
3094 · 00

Price History

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Sold Area Stats

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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