A rare lakefront reinvention; 5041 Prospect Lake is not just rebuilt, it's reborn. Set beside a protected park on the quiet end of Prospect Lake, this fully transformed 3,233 sq.ft. home offers complete privacy, curated design, and direct water access with a new mobile dock. Nearly $1M in upgrades since 2016 include a custom kitchen with quartz counters, vaulted ceilings, sculptural staircase, stone fireplace, and extensive built-ins. The 4-bed, 4-bath layout features a high-end in-law suite with heated tile floors and private entry. Major updates: new roof, windows and doors, ducted heat pump, automatic gas generator, and full electrical and plumbing upgrades. Outdoor living includes cedar and glass decks, remote awnings, lakefront fencing, greenhouse, and lush gardens. Just 20 minutes from downtown Victoria but surrounded by quiet nature, local farms, and wineries - this is a turnkey lakeside retreat with timeless west coast design on one of the region’s most coveted motorized lakes.
Data was last updated May 16, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
227
Avg list price:
$1,015,000
Min list price:
$317,000
Max list price:
$9,200,000
Avg days on market:
35
Min days on market:
1
Max days on market:
224
Avg price per sq.ft.:
$592.58
These statistics are generated based on the current listing's property type
and located in
Saanich West. Average values are
derived using median calculations.