7318 Mark Lane

7318 Mark Lane · Central Saanich · House · 3 bed · 3 bath · $3,699,000 · MLS 1043680

Central Saanich, British Columbia
C$3,699,000
For sale
7318 Mark Lane

7318 Mark Lane is located in Central Saanich. Property snapshot: House, 3 bed, 3 bath, listed at $3,699,000, MLS 1043680. 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. Catchment school

List Price: $3,699,000
MLS: 1043680
Bedrooms: 3
Bathrooms: 3
Interior Size: 4,154 sqft
Days on Market: -
Days on Site: 2
Deal Score: 50/100
Catchment Schools: Catchment schools include Prospect Lake Elementary, Royal Oak Middle, Claremont Secondary
Price History: Latest recorded list price 3699000.00

Local Decision Guide

How should buyers evaluate 7318 Mark Lane?

Start by reading this listing in its Central Saanich 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 7318 Mark Lane?

This page shows a list price of $3,699,000 with MLS 1043680.

What type of home is this Central Saanich listing?

The page shows House, 3 bed, 3 bath at 7318 Mark 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 3699000.00.

Which catchment schools are associated with 7318 Mark Lane?

Catchment schools include Prospect Lake Elementary, Royal Oak Middle, Claremont Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

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

Experience exceptional West Coast waterfront living at 7318 Mark Lane in sought-after Willis Point. Set on a private 0.63-acre waterfront property with a deep-water dock and private moorage, this meticulously maintained 4,000+sf home offers 3 bedrooms, 3 bathrooms, and breathtaking ocean views from nearly every room. Vaulted ceilings and expansive windows fill the home with natural light, while the chef-inspired kitchen with dual islands is perfect for entertaining. The primary suite features a walk-in closet, luxurious ensuite, and private hot tub overlooking the water. Over 1,500sf of decks and patios provide seamless indoor-outdoor living. A rare bonus, the property is zoned to permit a detached cottage of up to 968sf for guests or extended family. Extensive updates—including a new roof, furnace, hot water tank, water softener, and more—make this move-in-ready waterfront retreat an exceptional opportunity with direct access to world-class boating, fishing & kayaking. (id:56153)

Property Details

House
Building Type
3
Bedrooms
3
Bathrooms
1997
Year Built
29 years
Age
2
Days on Site
27,443 sf
Lot Area
4,154 sqft
Interior Size
C$890
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 30061231 (1043680)

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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$3,699,000

Lot Area: 27,443 sf

PID: 023-023-295

Days on Site: 2 days

Added to BurnabyHouse: 2026-07-21

Updated on: 2026-07-21 01:02 PM PDT

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Lot info

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

Schools

Prospect Lake Elementary ELEMENTARY
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 6.9 km
Royal Oak Middle MIDDLE
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 11.3 km
Claremont Secondary SECONDARY
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 10.4 km

Nearby Points of Interest

Grocery / Food Access
About 2.8 km away
7108 West Saanich Road
Shopping Centres
About 2.9 km away
7103 West Saanich Road
About 3.6 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 21 Jul 2026 12:04:01 PM PDT

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Listing Office: Oakwyn Realty Ltd.

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