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Colwood Lagoon Real Estate and Homes For Sale
242 Portsmouth Dr
Co Lagoon
Colwood
V9C 1R9
$1,275,000
Residential
beds: 4
baths: 3.0
2,179 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 998133
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 1973
- Photos (48)
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Steps from the ocean and nestled in one of Colwood’s most peaceful, established neighbourhoods, this 4-bed, 3-bath home backs onto parkland and borders Matilda Park—with a serene pathway beside the lot that leads to Esquimalt Lagoon and feels like your own private waterfront sanctuary. From the sunroom, enjoy breathtaking views of the lagoon and Victoria as herons glide over glassy water. The bright, open layout offers 3 bedrooms up, while the lower LEGAL suite—with separate entry and full kitchen—is ideal for multigenerational living or income. A cherry blossom tree welcomes you home each spring, and the backyard flows into nature itself. Kayak at sunrise, stroll the beach at sunset, then gather in the sunroom for dinner with a view. Homes like this don’t come up often—this is your chance to slow down, spread out, and enjoy life by the water.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1973 (Age: 52)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,179 sq. ft.202 m2
- Auxiliary Building Living Area:
- 0 sq. ft.0 m2
- Main Building Living Area:
- 2,013 sq. ft.187 m2
- Listing General Location:
- Co Lagoon, Colwood
- Bedrooms:
- 4
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 9,620 sq. ft.894 m2
- Lot Details:
- 74 x 130
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Insulation All, Insulation: Ceiling, Insulation: Walls, Stucco
- Basement:
- Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Linoleum, Mixed
- Total Building Area:
- 2,215 sq. ft.206 m2
- Total Unfinished Area:
- 36 sq. ft.3.34 m2
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 788 sq. ft.73.2 m2
- Living Area Main Floor:
- 1,225 sq. ft.114 m2
- Living Area Other Floor:
- 0 sq. ft.0 m2
- Living Area 2nd Floor:
- 0 sq. ft.0 m2
- Living Area 3rd Floor:
- 0 sq. ft.0 m2
- Fireplaces:
- 1
- Fireplace Details:
- Gas, Living Room
- Laundry Features:
- In House, In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- Other
- Heating:
- Forced Air, Natural Gas
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Dishwasher, F/S/W/D
- Dining/Living Combo, Eating Area
- Blinds, Insulated Windows
- Sprinkler System
- City, Mountain(s), Ocean
- Lot goes beyond back trees, no survey certificate. Completion 60 days after subject removal
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Colwood
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 1
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Contact List Licensee
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Curb & Gutter, Family-Oriented Neighbourhood, Level, Near Golf Course, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced
- Carport Spaces:
- 1
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Attached, Carport, Driveway, RV Access/Parking
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- May 08, 2025
- Original Price:
- 1275000.0
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Listed by Pemberton Holmes Ltd. - Oak Bay
Data was last updated May 30, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $1,034,000
- Min list price:
- $722,500
- Max list price:
- $1,899,999
- Avg days on market:
- 49
- Min days on market:
- 8
- Max days on market:
- 99
- Avg price per sq.ft.:
- $591.95
These statistics are generated based on the current listing's property type
and located in
Co Lagoon. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.